Mercedes-Benz Singapore was established in Singapore in 1999, having already had a presence in the market since the 1980s. It is a subsidiary of Mercedes-Benz Group AG. Mercedes-Benz is a globally leading producer of luxury passenger cars and vans, whilst the Financial Services division offers a comprehensive range of mobility solutions, including vehicle financing, leasing, insurance, and fleet management. Mercedes-Benz Singapore oversees the group’s cars business in Singapore as well as vans in South East Asia. In addition, the company is a regional office for IT, Treasury and Legal. The Regional Logistics Center located in Singapore is one of the group's largest distribution center in the Asia-Pacific region