The company was founded in 1909 by Wilhelm Maybach and his son, originally a subsidiary of Luftschiffbau Zeppelin GmbH and was itself known as Luftfahrzeug-Motorenbau GmbH until 1912. Today, the ultra-luxury car brand is owned by Daimler AG and based in Stuttgart. Tognum AG based in Friedrichshafen used to manufacture the commercial Maybach diesel engines under the MTU brand through its subsidiary MTU Friedrichshafen GmbH. Daimler announced in November 2011 that Maybach will cease to be a brand by 2013 an
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