7. Daimler-Benz Was Founded In 1926 With The Help Of Deutsche Bank.

One of the two Mercedes Benz founder, Gottlieb Daimler

The First World War had ended, and a global economic crisis began all over the world. Daimler and Benz & Cie, Germany’s two oldest and largest automobile factories, were struggling economically, despite employing more than 15,000 people in total and selling 6000 cars worth 104 million marks yearly.

One of the two Mercedes Benz founder, Karl Benz

At the beginning of the 1920s, there were 121 automobile companies producing passenger cars in Germany. The competition was at the highest level.

Moreover, in the post-war period, many European countries imposed high import duties on German products. Entities prevented companies from participating in automobile fairs. DMG and Benz & Cie, exporting more than half of their cars, were affected by the loss of foreign customers.

In 1927, there were only 19 car manufacturers left in Germany.

one of the most valuable brands in the world: Mercedes-Benz!

The situation eventually led the two car companies, competing for three decades with different brands, to a merger, and they formed one of the most valuable brands in the world: Mercedes-Benz!

Mercedes-Benz logo consisted of Daimler-Benz Mercedes star and Benz's laurel wreath.

The brand’s combination logo consisted of Daimler’s Mercedes star and Benz’s laurel wreath.

Mercedes-Benz 170 (W 15) in 1931

The strengthened corporate structure secured its future and resulted in more compact and affordable vehicles, such as the innovative Mercedes-Benz 170 (W 15) in 1931. It is considered the early forerunner of the Mercedes-Benz C-Class tradition of Daimler-Benz.