Daimler AG

Stuttgart Germany

  (German: DAI)

Company Description

Daimler's cars may stop on a dime, but they cost a little more than that. Daimler's passenger car business, Mercedes-Benz, includes luxury brands Mercedes and Maybach, as well as compact, hybrid, and electric models, including its smart and B-Class F-Cell brands. Its Daimler Trucks North America unit manufactures heavy-trucks in the US, and with its Fuso, Mercedes-Benz, and Sprinter brands, Daimler is the world's leading maker of commercial vehicles. The Atego BlueTecHybrid truck was launched in 2011. The company holds a 22% stake in aerospace and defense consortium EADS, and 60% in Formula One team Mercedes-Benz Grand Prix. Daimler sells its vehicles in 40 countries, but Europe represents 40% of its sales.