Mercedes-Benz is a multinational division of the German manufacturer Daimler AG, and the brand is used for automobiles, buses, coaches, and trucks. Mercedes-Benz is headquartered in Stuttgart, Baden-Württemberg, Germany. The name first appeared in 1926 under Daimler-Benz but traces its origins to Daimlers 1901 Mercedes and to Karl Benzs 1886 Benz Patent Motorwagen, widely regarded as the first automobile. Founded in 1871 by Gottlieb Daimler and Karl Benz, Mercedes Benz is a German brand name of automobiles, buses, coaches and trucks owned by Daimler Chrysler AG. Mercedes-Benz is currently active in three forms of motorsport: Formula Three, DTM and Formula One. Besides its native Germany, Mercedes Benz also manufactured in South Africa, Thailand, Malaysia, USA, Argentina, Brazil, India, UK, Egypt, China, Turkey and South Korea. Today Mercedes-Benz automobiles are available at dealerships in over 130 countries.