Is Mercedes still owned by Chrysler?
No, Mercedes-Benz is no longer owned by Chrysler. Mercedes-Benz is currently a wholly-owned subsidiary of Daimler AG, a German multinational automotive corporation.
The History of Mercedes-Benz and Chrysler
In 1998, Daimler-Benz (the parent company of Mercedes-Benz) and Chrysler Corporation merged to form DaimlerChrysler, a global automotive conglomerate. This merger was touted as a "merger of equals," but it was later criticized as a takeover of Chrysler by Daimler-Benz.
The DaimlerChrysler partnership was plagued by cultural clashes and integration challenges, and in 2007, Daimler AG (the renamed Daimler-Benz) sold an 80.1% stake in Chrysler to private equity firm Cerberus Capital Management. This effectively ended the Daimler-Chrysler merger.
Since then, Chrysler has undergone several ownership changes, including a bankruptcy and subsequent acquisition by Fiat in 2009. Meanwhile, Mercedes-Benz has remained a wholly-owned subsidiary of Daimler AG, the current parent company of the Mercedes-Benz brand.
The Current Ownership Structure
As of 2025, Mercedes-Benz is still a wholly-owned subsidiary of Daimler AG, a German multinational automotive corporation. Daimler AG is the parent company of the Mercedes-Benz brand and is responsible for the design, manufacturing, and marketing of Mercedes-Benz vehicles worldwide.
Chrysler, on the other hand, is currently owned by Stellantis, a multinational automotive manufacturing corporation formed in 2021 through the merger of Fiat Chrysler Automobiles and Groupe PSA (Peugeot-Citroën).
In summary, Mercedes-Benz is no longer owned by Chrysler, and the two companies have been separate entities since the dissolution of the DaimlerChrysler merger in 2007.
Why did Mercedes and Chrysler split?
In summary, the merger was intended to create a strong automotive group, but cultural clashes, financial struggles, and strategic misalignment ultimately led to Daimler's decision to sell Chrysler just a few years later.
When did Mercedes get rid of Chrysler?
And was looking to get rid of unprofitable Chrysler. In August 2007 Chrysler was sold off. And Daimler Chrysler became Daimler.
Who did Mercedes merge with?
Both companies continued to manufacture their separate automobile and internal combustion engine marques until 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 " ...
Is Chrysler still owned by Mercedes?
In 1998, Chrysler merged with German automaker Daimler-Benz to form DaimlerChrysler AG; the merger proved contentious with investors. As a result, Chrysler was sold to Cerberus Capital Management and renamed Chrysler LLC in 2007.
What Chrysler has a Mercedes engine?
Chrysler Crossfire
The Chrysler Crossfire was a unique offering in the American car market. Produced from 2004 to 2008, this two-seat sports car stood out for its sleek design, powerful Mercedes-derived engine, and rear-wheel-drive layout.
Who is Mercedes owned by now?
Daimler AG
Mercedes-Benz Corporation has been a division of a larger German automobile manufacturer, Daimler AG—but as of February 1, 2022, Daimler AG is now officially known as Mercedes-Benz AG!
Who is the parent company of Mercedes-Benz?
The two companies would merge in 1924 after creating the Mercedes-Benz brand. This new company would be called Daimler Benz AG, now known as Daimler AG. So, who owns Mercedes-Benz today? It is the Daimler AG company that owns this corporation now, making it the parent company of Mercedes-Benz.
Does Chrysler still use Mercedes parts?
Despite having just announced their split, Mercedes and Chrysler will continue to share electrical systems, SUV components and other technology long after the de-merger has been finalized and the dust has settled.
What Chrysler cars have Mercedes engines?
Chrysler Crossfire
The Chrysler Crossfire was a unique offering in the American car market. Produced from 2004 to 2008, this two-seat sports car stood out for its sleek design, powerful Mercedes-derived engine, and rear-wheel-drive layout.
Who made Mercedes engines?
Mercedes has all their engines made by Briggs and Stratton. BMW makes their own from blocks made by Continental.
