Mercedes-Benz Group AG, formerly known as Daimler AG, is one of the world's leading manufacturers of luxury automobiles and premium commercial vans. The company operates through three main segments: Mercedes-Benz Cars, Mercedes-Benz Vans, and Mercedes-Benz Mobility. Its vehicle portfolio includes internal combustion engine vehicles, plug-in hybrids, and fully electric models across its core, luxury, and performance brands. The Mobility division supports vehicle sales by offering financing, leasing, car subscription, and insurance services to customers and dealers worldwide. In late 2021, the company spun off its heavy commercial vehicle division, Daimler Truck, to focus exclusively on its passenger car and van businesses.