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Overview of Mercedes

Mercedes-Benz is a German automobile manufacturer, a multinational division of the German manufacturer Daimler AG. The brand is known for luxury automobiles, buses, coaches, and trucks. The headquarters of Mercedes-Benz is in Stuttgart, Baden-Württemberg, Germany. The name first appeared in 1926 under Daimler-Benz, but traces its origins to Daimler-Motoren-Gesellschaft's 1901 Mercedes and to Karl Benz's 1886 Benz Patent-Motorwagen, which is widely regarded as the first gasoline powered automobile. Mercedes-Benz's slogan is "The Best or Nothing". Mercedes-Benz is one of the most recognized automotive brands worldwide.

Mercedes-Benz traces its origins to Karl Benz's creation of the first petrol-powered car, the Benz Patent Motorwagen, financed by Bertha Benz and patented in January 1886, 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. 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 introduced many technological and safety innovations that later became common in other vehicles. Mercedes-Benz is one of the best-known and established automotive brands in the world, and is also one of the world's oldest automotive brand still in existence today in 2015, having produced the first petrol-powered car.

As part of the Daimler AG company, the Mercedes-Benz Cars division includes Mercedes-Benz and Smart car production.

Mercedes-AMG became a majority owned division of Mercedes-Benz in 1999. The company was integrated into DaimlerChrysler in 1999, and became Mercedes-Benz AMG beginning on 1 January 1999.

McLaren Group
Mercedes-AMG was the official engine supplier for the second oldest and most successful F1 team by Grand Prix wins, McLaren Racing from 1995-2014. In 2013, it was announced that after the last year with Mercedes contract with McLaren, Mercedes would be dropped and be replaced by Honda, with whom McLaren had world championship wins in the past together. Mercedes have since gone on to buy their own Formula 1 team, buying the former Honda Racing F1 team, Brawn GP, and turning it into Mercedes F1 in 2010. Despite a slow start, in 2012 the team began to show progress and rise to the front of the Grid with their first win coming from driver Nico Rosberg at the 2012 Chinese Grand Prix, before showing further progress again in 2013, when the team signed Lewis Hamilton from McLaren to replace the retiring Michael Schumacher. Hamilton's first win for the team came at the 2013 Hungarian Grand Prix. In 2014, the team won the Formula One World Constructors Title, with Driver Lewis Hamilton going on to win the Drivers Title. In 2015, the team won their second successive World Constructors Title and drivers title with Lewis Hamilton once again.

Road car manufacturing
From 2003 to 2009, Mercedes were in a joint venture with McLaren Group to manufacture the Mercedes-Benz SLR McLaren. At this time, Mercedes owned 40% of McLaren Group. Due to Mercedes purchasing Brawn GP, a F1 team, Mercedes decided to sell their shares back to Ron Dennis, as McLaren would be their rival in the F1 championship.

Daimler's ultra-luxury brand Maybach was under Mercedes-Benz cars division until 2013, when the production stopped due to poor sales volumes. It now exists under the Mercedes-Maybach name, with the models being ultra-luxury versions of Mercedes cars, such as the 2016 Mercedes-Maybach S600.

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