Daimler AG was incorporated under the name DaimlerChrysler AG on May 6, 1998. On October 2007, it changed the name of the company from DaimlerChrysler AG to Daimler AG. The Company develops, manufactures, distributes and sells automotive products, mainly passenger cars, trucks, vans and buses. It also provides financial and other services relating to its automotive businesses. Its segments are Mercedes-Benz Cars, Daimler Trucks, Mercedes-Benz Vans, Daimler Buses and Daimler Financial Services. The vehicle segments develop and manufacture passenger cars and off-road vehicles, trucks, vans and buses. Mercedes-Benz Cars sells passenger cars and off-road vehicles under the Mercedes-Benz brand and small cars under the smart brand. Daimler Trucks distributes its trucks under the brand names Mercedes-Benz, Freightliner, FUSO, Western Star, Thomas Built Buses and Bharat-Benz. The vans of the Mercedes-Benz Vans segment are sold under the brand name Mercedes-Benz and also under the Freightliner brand. Daimler Buses sells completely built-up buses under the brand names Mercedes-Benz and Setra. In addition, Daimler Buses produces and sells bus chassis. The vehicle segments also sell related spare parts and accessories. The Daimler Financial Services segment's product portfolio mainly comprises tailored financing and leasing packages for customers and dealers. The segment also provides services such as insurance, fleet management, investment products and credit cards, as well as various mobility services.
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