d the rights to the name Mercedes. Daimler and Benz then merged in 1926, and the resulting company has been building luxury and high-performance automobiles ever since. In 1998 Daimler-Benz AG merged with Chrysler Corp. to form DaimlerChrysler. When that didn’t work out, the German parent sold off Chrysler in 2007 and became Daimler AG.
With over a century of remarkable work, Mercedes-Benz has a leading race and street car manufacturer. Many technological and safety innovations that got the
automotive industry to where they are today, is owed to Mercedes-Benz. The internal combustion engine, float carburetor, “drop chassis” and “safety cage” are some of its inventions.
Being one of the world’s most oldest and well-known automotive brand in existence today, Mercedes-Benz continues to have a large and proud fan base.