Mercedes-Benz South Africa Ltd

Mercedes-Benz is a German global automobile marque and a division of Daimler AG. The brand is known for luxury vehicles, buses, coaches, and lorries. The headquarters is in Stuttgart, Baden-Württemberg. The name first appeared in 1926 under Daimler-Benz. In 2018, Mercedes-Benz was the biggest selling premium vehicle brand in the world, selling 2.31 million passenger cars. Mercedes-Benz traces its origins to Daimler-Motoren-Gesellschaft's 1901 Mercedes and Karl Benz's 1886 Benz Patent-Motorwagen, which is widely regarded as the first gasoline-powered automobile. The slogan for the brand is "the best or nothing". In the South African context, the Mercedes-Benz South Africa (MBSA) group of companies is able to translate the global imperative for sustainability by its parent company, Daimler AG, into making a real and lasting impact on the transformation of the country. A culture of integrity, combined with a history of good corporate citizenship and a vested interest in the stability and growth of the economy of South Africa leads the group of companies naturally in the direction of striking a balance between economic and social issues. The recent verification audit process has classified Mercedes-Benz South Africa (MBSA) Ltd as a Level 8 contributor (verification certificate valid until 24 April 2019) in terms of the 2013 Amended Codes towards Broad-Based Black Economic Empowerment (B-BBEE).