Mercedes Benz Group Edzard Reuter Daimler Benz

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Mercedes-Benz Group, Edzard Reuter, Daimler-Benz
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Mercedes-Benz Group: A History of Innovation

The Early Years

The history of Mercedes-Benz Group can be traced back to 1886, when Karl Benz invented the first internal combustion engine-powered automobile.

In 1890, Gottlieb Daimler and Wilhelm Maybach developed the first four-wheeled automobile.

In 1926, Benz & Cie. and Daimler-Motoren-Gesellschaft merged to form Daimler-Benz AG.

The Edzard Reuter Era

Edzard Reuter was the CEO of Daimler-Benz AG from 1987 to 1995.

During his tenure, the company expanded its global presence and introduced several new models, including the Mercedes-Benz S-Class and the Mercedes-Benz E-Class.

Reuter also oversaw the development of the company's first electric vehicle, the Mercedes-Benz 190E Elektro.

The Daimler-Benz Merger

In 1998, Daimler-Benz AG merged with Chrysler Corporation to form DaimlerChrysler AG.

The merger was intended to create a global automotive giant, but it was ultimately unsuccessful.

In 2007, DaimlerChrysler AG sold Chrysler to Cerberus Capital Management and changed its name to Daimler AG.

The Mercedes-Benz Group Today

Today, the Mercedes-Benz Group is one of the world's leading luxury car manufacturers.

The company offers a wide range of vehicles, from sedans and coupes to SUVs and convertibles.

The Mercedes-Benz Group is also a leader in the development of autonomous and electric vehicles.