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The world of luxury automotive manufacturing is complex and fascinating, with Mercedes-Benz standing as a prime example of global ownership dynamics. Understanding who truly owns Mercedes cars reveals a intricate tapestry of international investors, strategic partnerships, and corporate evolution that extends far beyond simple corporate boundaries.
The Current Ownership Landscape
As of 2026, Mercedes-Benz Group AG is a publicly traded company with a diverse ownership structure. The current shareholder composition reflects a sophisticated blend of institutional and strategic investors. Here’s a breakdown of the key ownership segments:
- Institutional Investors: 52.7% of the company's shares
- Private Shareholders: 22.8% of total ownership
- BAIC Group (Chinese state-owned manufacturer): 9.98%
- Li Shufu (via Tenaciou3 Prospect Investment Limited): 9.7%
- Kuwait Investment Authority: 6.8%
Historical Context of Ownership
The roots of Mercedes-Benz trace back to the pioneering work of Karl Benz and Gottlieb Daimler in the late 19th century. Their companies merged in 1926, creating Daimler-Benz AG, which would eventually evolve into the modern Mercedes-Benz Group.
Corporate Governance and Leadership
Ola Källenius serves as the Chairman of the Board of Management, leading the company’s strategic direction. The corporate structure includes a unique governance model with:
- A Supervisory Board with 50% employee representation
- A Management Board responsible for day-to-day operations
- No dual-class shares, ensuring a democratic voting structure
International Strategic Partnerships
The ownership of Mercedes-Benz reflects a global approach, with significant international investors playing crucial roles. The BAIC Group from China and Li Shufu’s investment demonstrate the company’s strategic international connections, highlighting a modern approach to automotive manufacturing and ownership.
Financial Performance
In 2024, Mercedes-Benz Group demonstrated impressive performance, selling 2.49 million vehicles with a revenue of €153.2 billion. This robust financial standing attracts diverse investors and maintains the company’s position as a global automotive leader.
Who is the largest shareholder of Mercedes-Benz?
+As of 2026, the BAIC Group is the largest individual shareholder, holding 9.98% of the company’s shares.
Is Mercedes-Benz a publicly traded company?
+Yes, Mercedes-Benz Group AG is a publicly traded company listed on the DAX stock exchange, with over 70% of shares in free float.
When did Mercedes-Benz separate from Daimler Truck?
+In 2021, Mercedes-Benz Group (then Daimler) spun off its truck division, creating two separate publicly traded companies: Mercedes-Benz Group AG and Daimler Truck AG.