Daimler AG, a renowned automotive company based in Hyattsville, MD, underwent a significant restructuring in December 2021. The division was split into Daimler Trucks Buses and Mercedes-Benz Group AG, with the former now operating as an independent listed company.
With a global presence, Daimler Truck Holding AG stands as one of the largest commercial vehicle manufacturers, while Mercedes-Benz Group AG focuses on the Cars Vans divisions. This restructuring marked a historic realignment for the company, solidifying its position in the automotive industry.
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