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Daimler AG is consciously uncoupling, splitting into Daimler Trucks and Mercedes-Benz

Daimler AG Is splitting into two different companies.

Photo courtesy of Daimler AG

While not nearly as earth shattering as when Gwyneth Paltrow and Chris Martin decided to call it quits, it appears that Daimler AG, the parent company of Daimler Trucks and Mercedes-Benz, will be splitting up.

There's already a good idea of which side gets what. According to a release, the company will be divided into Daimler Trucks and Mercedes-Benz with the majority of Daimler Trucks being distributed to shareholders. The remaining company will be renamed Mercedes-Benz.

2021 Mercedes-Maybach S580The company recently celebrated the launch of its new 2021 Mercedes-Maybach S580. Photo courtesy of Mercedes-Benz

"This is a historic moment for Daimler. It represents the start of a profound reshaping of the company. Mercedes-Benz Cars & Vans and Daimler Trucks & Buses are different businesses with specific customer groups, technology paths and capital needs. Both companies operate in industries that are facing major technological and structural changes. Given this context, we believe they will be able to operate most effectively as independent entities, equipped with strong net liquidity and free from the constraints of a conglomerate structure," said Ola Källenius, Chairman of the Board of Management of Daimler and Mercedes-Benz.

The company was previously known as DaimlerChrysler from 1998 to 2007 when it released Chrysler from its bands of matrimony. It bore the Daimler-Benz name from 1926 to 1998. The Daimler AG name was given to the company after it divested itself of Chrysler.

The Daimler Truck business will have fully independent management, stand-alone corporate governance including an independent Chairman of the Supervisory Board. Daimler AG said that it targets listing Daimler Trucks on the Frankfurt stock exchange before the end of 2021. It is expected that once that move is complete, the remaining company will be moved to the Mercedes-Benz name.

Daimler Truck is expected to rapidly pursue the evolution of emissions-free trucks and buses once the deal is complete.

Daimler Truck is the world's largest Truck and Bus producer, with industry leading positions in Europe, North America and Asia, and with more than 35 main locations around the globe. With more than 100,000 employees, it unites seven brands under one roof: BharatBenz, Freightliner, Fuso, Mercedes-Benz, Setra, Thomas Built Buses and Western Star. In 2019, around half a million trucks and buses were delivered to customers by those brands.

All further details of the intended spin-off would be presented to the shareholders at an extra-ordinary shareholder meeting in Q3 2021, in order to obtain their mandatory approval to the plan.

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New performance sedan

2023 Mercedes-AMG C 43 on the way with F1 tech

The new C 43 gets engine tech straight from Formula 1.

Mercedes-AMG

It's about time we started considering Mercedes-AMG's 43-level cars in some of the same conversations that include the 53- and 63-level monsters. Today, Mercedes-AMG announced the 2023 C 43 Sedan. But even though it's the "entry-level" C-Class performance car, AMG gave it some serious upgrades, including standard rear-wheel steering, a mild-hybrid system, and plenty of power.

2023 Mercedes-AMG C 43 SedanRear-wheel steering is standard, as is adaptive suspension. Mercedes-AMG

The new turbocharged four-cylinder engine makes 402 horsepower and 369 pound-feet of torque - up from last year's 385 ponies. It's paired with a 48-volt mild-hybrid system, a nine-speed automatic transmission, and rear-biased all-wheel drive. Mercedes says the powertrain is strong enough to propel the C43 to 60 mph from a standstill in just 4.6 seconds.

The four-cylinder is the first production engine with an electric exhaust-gas turbocharger. The tech came directly from the Mercedes-AMG Petronas Formula 1 Team, who won the 2021 Constructor's Championship. Where traditional turbochargers have to build boost over a short period of time, an electric motor spins the turbo to start before allowing the exhaust gases to take over. The system is driven by the car's 48-volt mild-hybrid system and should reduce turbo lag and improve responsiveness.

2023 Mercedes-AMG C 43 SedanThe car's electric turbocharger is a first in a production car. Mercedes-AMG

Five driving modes are available, including Slippery, Comfort, Sport, Sport +, and Individual. The drive modes alter throttle and steering response, transmission shift points, exhaust sound, and settings for the adaptive dampers. Shockingly, the car comes standard with rear-wheel steering with an angle of up to 2.5 degrees. The system works at speeds of up to 37 mph, and can drastically reduce the C 43's turning radius while improving turn-in and handling.

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Just 55 of the SUV will be built.

Mercedes

The Mercedes-Benz G-Class is an aspirational vehicle, and is one that shouts "I've made it" to the world. Its six-figure price tag legitimate military background, and hardcore off-road capabilities make it appealing on many levels, and there's even a go-fast version from AMG. The G63 cranks up the already bonkers G-Class to 11, with a big V8 and aggressive styling. To commemorate AMG's 55th year tuning Mercedes' vehicles, the automaker is releasing a limited "Edition 55" G 63.

Mercedes-AMG G 63 "Edition 55"The Edition 55 gets unique styling touches inside and out. Mercedes

Though the Edition 55 adds plenty of unique flair to the AMG-massaged G-Wagen, the SUV's beating heart remains untouched. It's a twin-turbo 4.0-liter V8 making 577 horsepower, and is good for a 0-60 mph time of just 4.5 seconds. That's in an SUV with a curb weight just shy of 6,000 pounds. Four-wheel drive and a nine-speed automatic transmission are also standard.

Mercedes says the Edition 55 comes finished in Obsidian Black metallic and rides on 22-inch forged wheels, even though the images it sent to accompany the announcement clearly show a not-black SUV. It also comes with the AMG Night Package, which brings blacked-out trim and unique accents, and the fuel filler cap is embossed with the AMG logo. Inside, the cabin features a black and red color scheme with stainless steel accents throughout. Black velour floor mats stitched with "Edition 55" in red are standard, along with an AMG Performance steering wheel wrapped in microfiber. The seats are covered in black and red Nappa leather upholstery, and Edition 55 badges are seen throughout the space.

Mercedes-AMG G 63 "Edition 55"The 577-hp super SUV can sprint to 60 mph quicker than many sports cars. Mercedes

When Mercedes says "limited edition" here, it means business. Just 55 of the SUVs will be available in the United States, and will be released later this year. There's no word on ordering or pricing details yet, but it's a safe bet that the ultra-exclusive G-Wagen will sell out quickly.

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