Today, the ultra-luxury car brand is owned by Daimler AG and based in Stuttgart. Tognum AG based in Friedrichshafen used to manufacture the commercial Maybach diesel engines under the MTU brand through its subsidiary MTU Friedrichshafen GmbH.
Daimler announced in November 2011 that Maybach will cease to be a brand by 2013 and manufactured the last Maybach vehicle in December 2012. This was due to poor sales, with only 3,000 cars sold since the brand's revival in 2002.  The decision follows almost a decade of trying to make Maybach a profitable rival to Rolls Royce and Bentley.