Mercedes-Benz had its beginnings in 1886 when Karl Benz was granted a patent
for the world's first motor car. In 1901 Daimler acquired the rights to the
name Mercedes. In 1926 Daimler and Benz merged, and since 1989 Mercedes-Benz
had been in charge of all motor vehicle business within the Daimler-Benz
group. In 1998 Daimler-Benz AG merged with Chrysler Corporation to form
DaimlerChrysler.
