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Mercedes-Benz (German: [mɛɐ̯ˈtseːdəsˌbɛnts, -dɛs-]),[6][7] commonly referred to as Mercedes, is both a German automotive brand and, from late 2019 onwards, a subsidiary – as Mercedes-Benz AG – of Daimler AG.[1] Mercedes-Benz is known for producing luxury vehicles and commercial vehicles.[note 2] The headquarters is in Stuttgart, Baden-Württemberg. The first Mercedes-Benz brand name vehicles were produced in 1926. In 2018, Mercedes-Benz was the largest seller of premium vehicles in the world, having sold 2.31 million passenger cars.[8] Mercedes-Benz AG Mercedes-Benz Logo 2010.svg Type Subsidiary (AG)[1] Industry Automotive Predecessors Benz & Cie. (1883–1926) Daimler-Motoren-Gesellschaft (1890–1926) Mercedes (marque) (1901–1926) Founded 28 June 1926; 95 years ago[note 1] Founders Karl Benz Gottlieb Daimler Headquarters Stuttgart, Germany Area served Worldwide Key people Ola Källenius, Chairman of the Board of Management[2] Products Automobiles Light commercial vehicles Production output 2,164,187 cars worldwide (2020) [3] Brands Mercedes-Benz EQ Mercedes-Maybach Services Financial services Automobile repair Parent Daimler AG[1] Divisions Mercedes-Benz Cars[4] Mercedes-Benz Vans Subsidiaries Mercedes-AMG[5] Website www.mercedes-benz.com The company's origins come from Daimler-Motoren-Gesellschaft's 1901 Mercedes and Karl Benz's 1886 Benz Patent-Motorwagen, which is widely regarded as the first internal combustion engine in a self-propelled automobile. The fuel was not gasoline, but rather a much more volatile petroleum spirit called ligroin. The slogan for the brand is "the best or nothing".[9] History Edit See also: List of companies involved in the Holocaust and Diesel emissions scandal Karl Benz. Benz made the 1886 Benz Patent Motorwagen, which is widely regarded as the first automobile. Gottlieb Daimler, founder of Daimler-Motoren-Gesellschaft. Mercedes-Benz traces its origins to Karl Benz's creation of the first internal combustion engine in a car, the Benz Patent Motorwagen, financed by Bertha Benz's dowry[10] and patented in January 1886,[11] and Gottlieb Daimler and engineer Wilhelm Maybach's conversion of a stagecoach by the addition of a petrol engine later that year. The Mercedes automobile was first marketed in 1901 by Daimler-Motoren-Gesellschaft (DMG). Emil Jellinek, a European automobile entrepreneur who worked with DMG, created the trademark in 1902, naming the 1901 Mercedes 35 hp after his daughter Mercedes Jellinek. Jellinek was a businessman and marketing strategist who promoted "horseless" Daimler automobiles among the highest circles of society in his adopted home, which, at that time, was a meeting place for the "Haute Volée" of France and Europe, especially in winter. His customers included the Rothschild family and other well-known personalities. But Jellinek's plans went further: as early as 1901, he was selling Mercedes cars in the New World as well, including US billionaires Rockefeller, Astor, Morgan, and Taylor. At a race in Nice in 1899, Jellinek drove under the pseudonym "Monsieur Mercédès", a way of concealing the competitor's real name as was normal and very regularly done in those days. The race ranks as the hour of birth of the Mercedes-Benz brand. In 1901, the name "Mercedes" was registered by Daimler-Motoren-Gesellschaft (DMG) worldwide as a protected trademark.[12] The first Mercedes-Benz brand name vehicles were produced in 1926, following the merger of Karl Benz's and Gottlieb Daimler's companies into the Daimler-Benz company on 28 June of the same year.[11][13] Gottlieb Daimler was born on 17 March 1834 in Schorndorf. After training as a gunsmith and working in France, he attended the Polytechnic School in Stuttgart from 1857 to 1859. After completing various technical activities in France and England, he started working as a draftsman in Geislingen in 1862. At the end of 1863, he was appointed workshop inspector in a machine tool factory in Reutlingen, where he met Wilhelm Maybach in 1865.[14] Throughout the 1930s, Mercedes-Benz produced the 770 model, a car that was popular during Germany's Nazi period. Adolf Hitler was known to have been driven in these cars during his time in power, with bulletproof windshields.[15] Most of the surviving models have been sold at auctions to private buyers. One of them is currently on display at the War Museum in Ottawa, Ontario. The pontiff's Popemobile has often been sourced from Mercedes-Benz.[16] From 1937 onwards, Daimler Benz focused increasingly on military products, such as the LG3000 lorry and the DB600 and DB601 aero engines. To build the latter, in 1936 it built a factory hidden in the forest at Genshagen 10 km south of Berlin. By 1942 it had virtually stopped making cars, and was entirely devoted