Not now, but the confusion is understandable because at one time, Mercedes Benz did merge with Chrysler (in 1999). But the merger did not work out. These days, Mercedes is an entirely separate company again, owned by Daimler, with its home offices in Germany. Here is the timeline of when some of the name changes occurred: The first name was Benz & Company, from 1883-1926; then it was known as Daimler Motoren Gesellschaft AG, from 1890 to 1926. Next came Daimler-Benz AG, from 1926 to 1998. In 1999, the very controversial merger with Chrysler occurred, and lasted till 2007. Since then, the manufacturer of Mercedes cars in Daimler AG.
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