Mercedes-Benz is a German manufacturer of luxury automobiles, buses, coaches, and trucks. It is currently a division of the parent company, Daimler AG, after previously being owned by DaimlerChrysler and Daimler-Benz. Mercedes-Benz has its origins in Karl Benz's creation of the first automobile in January 1886, followed by Gottlieb Daimler and engineer Wilhelm Maybach's original Mercedes automobile in 1901. 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. Mercedes-Benz has, over the years, introduced many technological and safety innovations that have become common in modern vehicles.