I love the diversified markets of Mercedes-Benz (Volvo too in the context of trucks) - sort of reminds me of Lamborghini tractors. Great to see their heavy EV offering
Mercedes-Benz (cars and light commercial vehicles) spun out its heavy commercial vehicle business in 2021.
Volvo Group (heavy commercial vehicles, marine, industrial) sold its car operation to Ford in 1999, which then sold it to Geely in 2010.
Before them Rolls-Royce (aerospace, gas turbines, marine, nuclear) spun out its car business in 1973.