1998 daimler benz . for information on the current company see daimler ag . for information about the british company see daimler company . this article needs additional citations for verification . please help improve this article by adding citations to reliable sources . unsourced material may be challenged and removed . november 2008 learn how and when to remove this template message daimler benz ag former type public company industry automotive military fate reincorporated successor daimler ag founded 1926 defunct 1998 headquarters stuttgart germany key people karl benz gottlieb daimler products motor vehicles internal combustion engines military technology and equipment divisions mercedes benz website www.daimler.de the iconic symbol of mercedes benz daimler benz ag german pronunciation da ml b nt s was a german manufacturer of automobiles motor vehicles and internal combustion engines ; founded in 1926 . an agreement of mutual interest which was valid until 2000 was signed on 1 may 1924 between karl benz s benz & cie. and daimler motoren gesellschaft which had been founded by gottlieb daimler and wilhelm maybach . daimler had died in 1900 and maybach had left in 1907 . both companies continued to manufacture their separate automobile and internal combustion engine marques until on 28 june 1926 when benz & cie. and daimler motoren gesellschaft formally merged becoming daimler benz ag aktiengesellschaft and agreed that thereafter all of the factories would use the brand name of mercedes benz on their automobiles . the inclusion of the name mercedes in the new brand name honored the most important model series of dmg automobiles the mercedes series which were designed and built by wilhelm maybach . they derived their name from a 1900 engine named after the daughter of emil jellinek . jellinek became one of dmg s directors in 1900 ordered a small number of motor racing cars built to his specifications by maybach stipulated that the engine must be named daimler mercedes and made the new automobile famous through motorsports . that race car later became known as the mercedes 35 hp . the first of the series of production models bearing the name mercedes had been produced by dmg in 1902 . jellinek left the dmg board of directors in 1909 . the name of daimler as a marque of automobiles had been sold by dmg following his death in 1900 for use by other companies daimler motor company and austro daimler so the new company daimler benz would have created confusion and legal problems to include daimler in its new brand name and therefore used mercedes to represent the daimler motoren gesellschaft interest . karl benz remained as a member of the board of directors of daimler benz ag until his death in 1929 . although daimler benz is best known for its mercedes benz automobile brand during world war ii it also created a notable series of aircraft tank and submarine engines . daimler also produced parts for german arms most notably barrels for the mauser rifle . during world war ii daimler benz employed slave labour . the slaves toiled eighteen hours a day ; cowering under the lash sleeping six to a dog kennel eight feet square starving or freezing to death at the whim of their guards . 1 in 1989 daimler benz interservices ag debis was created to handle data processing financial and insurance services and real estate management for the daimler group . 2 in 1998 daimler benz ag bought the american automobile manufacturer chrysler corporation and formed daimlerchrysler ag . when the chrysler group was subsequently sold off to cerberus capital management and renamed chrysler llc in august 2007 the name of the parent company was changed to simply daimler ag within two months . references edit clarke alan . barbarossa orion books 1995 . isbn 978 0 304 35864 9 . daimlerchrysler ag the history of daimler benz ag . retrieved 27 january 2011 . v t e daimler ag divisions and subsidiaries cars current mercedes benz mercedes amg mercedes maybach smart trucks and vans current bharatbenz freightliner manufacturing commercial vehicles master motors 80 % mercedes benz mitsubishi fuso truck and bus 85 % western star defunct american lafrance sterling trucks buses current bharatbenz freightliner manufacturing commercial vehicles master motors mercedes benz mitsubishi fuso truck and bus setra evobus thomas defunct orion motorsport mercedes amg petronas f1 team mercedes amg high performance powertrains other alliance truck parts car2go daimler financial services mercedes benz bank detroit diesel mercedes benz india mercedes benz mexico shareholdings and joint ventures automotive fuel cell cooperation 50.1 % beijing benz 50 % denza 50 % tognum ag 50 % fujian benz 50 % here 33 % eads 22.41 % kamaz 10 % mv agusta 25 % tesla motors 10 % tata motors 7 % aston martin 5 % predecessors benz & company 1883 1926 daimler motoren gesellschaft ag 1890 1926 daimler benz ag 1926 98 daimlerchrysler ag 1998 2007 technologies active cylinder control bluetec people wolfgang bernhard karlfried nordmann andreas renschler hans scherenberg j rgen e. schrempp karl wilfert joachim zahn dieter zetsche other daimlerchrysler mitsubishi alliance beiben truck category commons v t e daimler benz aircraft engines piston engines db 600 db 601 db 602 db 603 db 604 db 605 db 606 db 607 db 609 db 610 db 612 db 613 db 614 db 616 db 621 db 622 db 627 db 628 db 632 turbofans 109 007 db 730 turboprops turboshafts 109 021 db 720 db 721 retrieved from https en.wikipedia.org w index.php title daimler benz & oldid 739475181 categories daimler agaircraft engine manufacturers of germanydefunct motor vehicle manufacturers of germanyvehicle manufacturing companies established in 1926vehicle manufacturing companies disestablished in 19981926 establishments in germany1998 disestablishments in germanygerman brandshidden categories articles needing additional references from november 2008all articles needing additional references navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk variants views read edit view history more search navigation main pagecontentsfeatured contentcurrent eventsrandom articledonate to wikipediawikipedia store interaction helpabout wikipediacommunity portalrecent changescontact page tools what links hererelated changesupload filespecial pagespermanent linkpage informationwikidata itemcite this page print export create a bookdownload as pdfprintable version in other projects wikimedia commons languages deutscheesti espa oleuskara fran aisgalego bahasa indonesiaitaliano norsk bokm lpolskiportugu s suomit rk e edit links this page was last modified on 14 september 2016 at 22 32 . text is available under the creative commons attribution sharealike license ; 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