How old is this company

Company history.

"But not the idea, good execution is the main factor."

Gottlieb Daimler was born on March 17, 1834 in Schorndorf. After training as a gunsmith and a stay in France, he attended the Polytechnic School in Stuttgart from 1857 to 1859. After various technical activities in France and England, he took up a position as a draftsman in Geislingen in 1862. At the end of 1863 he became a workshop inspector in a machine factory in Reutlingen, where he met Wilhelm Maybach in 1865. In 1872 he became technical director of the Deutz gas engine factory, where he got to know Otto's four-stroke principle. After differences with the management, he left the company in 1882. Daimler sets up a test workshop in the greenhouse of his Cannstatter villa and decides to develop engines based on the four-stroke principle that run exclusively on petrol as fuel. In 1884, together with Wilhelm Maybach, he succeeded in constructing an internal combustion engine known today as the “grandfather clock”. With this construction, which was geared towards weight saving and compact construction, both had created the basis for installation in a vehicle. The expenses for the trial soon drained Daimler's entire fortune, so that he had to look for business partners. Together with Max Duttenhofer and his partner Wilhelm Lorenz, he founded the "Daimler-Motoren-Gesellschaft" on November 28, 1890. But while Duttenhofer wanted to produce stationary engines, Daimler cared about vehicle production and a dispute broke out.