Shareholders of DaimlerChrysler have approved the company’s new name ‘Daimler AG’ and have also agreed to rename the car division ‘Mercedes-Benz Cars.’ Following the split of DaimlerChrysler earlier this year, shareholders were required to vote in a new name for the group. Many of the investors still wanted to honor one of the carmaker’s founders, Carl Friedrich Benz, whose name was dropped from the official title seven years ago following the merger with Chrysler. That’s why the former Mercedes Car Group is being renamed Mercedes-Benz Cars.
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