Is Mercedes owned by Toyota?

Is Mercedes owned by Toyota?

Mercedes-Benz is owned by the German company Daimler AG, an automaker who produces a wide variety of upscale, luxurious vehicles such as buses, motorcycles, and cars. FRANKFURT — China’s Zhejiang Geely Holding Group is now the top shareholder in German automaker Daimler, the parent of Mercedes Benz, with a 9. European auto asset to its growing portfolio.