Mercedes-Benz Portugal, established in Portugal since 1989, is a German company owned by the Daimler Group. Mercedes-Benz Portugal is responsible for importing and distributing Mercedes-Benz and smart brands. In Portugal, Mercedes-Benz and smart are present in markets such as Passenger Cars (MB and smart), Vans (MB) and Trucks (MB). In 2016, Mercedes-Benz Portugal recorded a record sales for the third consecutive year. Mercedes-Benz was the fourth best-selling brand in Portugal and won the first place in premium brands.