Mercedes becomes brand name

Emil Jellinek and DMG reach an agreement in Nice on the sale of Daimler automobiles and engines, setting out retail prices and sales terms. The two parties also reach a decision that "a new engine should be developed which bears the Daimler-Mercedes name”. This marks the first use of Jellinek’s pseudonym "Mercédès”, the name of his daughter from his first marriage, as a brand name. Later that month, Jellinek orders 36 vehicles at a total price of 550,000 Marks from DMG in Cannstatt.