Daimler is a German automotive company founded in 1886 by Gottlieb Daimler and Karl BENZ. The company is best known for its ENGINE designs, which have been used in many different types of vehicles. Gottlieb Daimler was an engineer and inventor who developed the first internal combustion ENGINE in 1885. Karl BENZ was an engineer and inventor who developed the first gasoline-powered car in 1886. The two companies merged in 1926 to form Daimler-BENZ, which is now known as Daimler AG.