German Mercedes sales company set up

Deutsche Mercedes-Verkaufsgesellschaft GmbH is established in Frankfurt am Main to handle the increasingly important domestic sales sector. Flinsch & Co. in Frankfurt am Main, previously the German general distributor, Mercédès Société Francaise d'Automobiles, Paris, and Continental Caoutchouc & Gutta-Percha-Compagnie in Hanoer all hold equal stakes in the new company. At the end of 1907, Daimler-Motoren-Gesellschaft takes over shares held by Flinsch and Continental.