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.