Mercedes-Benz (German pronunciation: [mɛɐ̯ˈtseːdəsˌbɛnts, -dɛs-] (listen)), commonly referred to as Mercedes, is a German luxury automotive brand. Both Mercedes-Benz and Mercedes-Benz AG (a Mercedes-Benz Group subsidiary established in 2019) are headquartered in Stuttgart, Baden-Württemberg, Germany. Mercedes-Benz produces consumer luxury vehicles and commercial vehicles. Its first Mercedes-Benz-badged 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.The company's origins lie in 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 slogan for the brand is "the best or nothing".