Tatra is a Czech manufacturer producing vehicles in Kopřivnice, it is owned by Tatra Trucks company, based in Ostrava. It is the third oldest company producing cars and has an unbroken history after Daimler and Peugeot.The company was founded in 1850 as Ignatz Schustala & Comp., later renamed Nesselsdorfer Wagenbau-Fabriksgesellschaft when it became a wagon and carriage manufacturer. In 1897, Tatra produced the first motor car in central Europe, the Präsident automobile. In 1921, it changed its name to Kopřivnická vozovka a.s., and in 1919 changed from the Nesselsdorfer marque to the Tatra badge, named after the nearby Tatra Mountains on the Polish-Czechoslovak border at the time (now this range is on the Polish-Slovak border).