1942

Event12

Supervisory Board approves capital increase

Supervisory Board approves capital increase

January 1942
With the consent of the Supervisory Board, the Board of Management of Daimler-Benz AG decides to increase the share capi...

Daimler-Benz floats bond

Daimler-Benz floats bond

March 1942
Daimler-Benz floats a 25-year four-percent bond for the nominal amount of RM 40 million.

Construction of a major repair facility for military vehicles

April 1942
In the Belarusian city of Minsk, construction work begins on a major repair facility for military vehicles. Daimler-Ben...

Next capital increase

30 June 1942
The Annual Shareholders' Meeting authorises the Board of Management of Daimler-Benz AG to increase the share capital by...

Daimler-Benz develops aeroengines

Daimler-Benz develops aeroengines

June 1942
The Reich Ministry of Aviation commissions Daimler-Benz to develop and manufacture aeroengines. In November a new plant...

Production changeover at Daimler-Benz

2 July 1942
In an official notice the Daimler-Benz Board of Management orders rapid implementation of the production changeover dec...

Kissel dies: Haspel takes over as Board of Management chairman

Kissel dies: Haspel takes over as Board of Management chairman

18 July 1942
Chairman of the Board of Management Dr Wilhelm Kissel dies unexpectedly. His successor on 23 August is Dr Wilhelm Haspe...

Daimler-Benz makes Opel "Blitz" under license

Daimler-Benz makes Opel "Blitz" under license

August 1942
On the instructions of Speer, the Minister for Armaments and war Production, Daimler-Benz AG signs a licensing agreemen...

Untertürkheim plant ceases series production of the 170 V and 320 passenger car models

Untertürkheim plant ceases series production of the 170 V and 320 passenger car models

November 1942
The Untertürkheim plant ceases production of the 170 V and 320 passenger car models. This marks the end of series produc...

Daimler-Benz hands over a tail unit for the A 4 missile

November 1942
In Peenemünde Daimler-Benz hands over a tail unit produced in Sindelfingen for the A 4 missile developed by Wernher von...

Change on Supervisory Board: Rummel folllows von Stauss

Change on Supervisory Board: Rummel folllows von Stauss

11 December 1942
Death of the long-serving Chairman of the Supervisory Board, Dr Emil Georg von Stauß. He is succeeded by Hans Rummel of...

Spare parts production and vehicle and component repair

31 December 1942
With a share of 32 %, spare parts production and vehicle and component repairs become the most important business segme...