Karl Benz is considered the inventor of the first practical modern automobile. In 1886, he patented a three-wheeled Motor Car that was powered by an internal combustion engine fueled by gasoline. This was the first true automobile. Benz went on to found his own car company, which still exists today as Daimler. While others had experimented with self-propelled vehicles prior, Benz's car worked similarly to how cars operate today and is seen as the first modern automobile.