German automotive manufacturer.
It was formed in 1998 by the merger of Daimler-Benz and U.S. automaker Chrysler Corp. Its German roots are in the auto companies founded by Gottlieb Daimler and Karl Benz , which merged in 1926. The Mercedes-Benz luxury car, first produced by Daimler in 1901, is the basis of the company's financial success. DaimlerChrysler makes passenger cars, trucks, and commercial vehicles such as buses. Its brands include Mercedes, Dodge, Jeep, and Plymouth.