Mercedes-Benz Parent Daimler Is Getting Ready for the New Mobility Age

Daimler, the German parent company of luxury automaker Mercedes-Benz, is planning its biggest corporate shake-up since it disposed of Chrysler in 2007, in a move that will make it easier for it to develop ‘transportation as a service’ and get more value out of its underperforming truck division.

The Stuttgart-based group has committed more than 100 million euros ($118 million) to help create separate legal entities for its Mercedes-Benz cars and Daimler Trucks divisions. The cars unit...

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