Peter & Moritz

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Autowerke Peter & Moritz AG
legal form Corporation
founding March 25, 1919 (as Automobilwerke Peter & Moritz oHG )
resolution 1925
Reason for dissolution insolvency
Seat Eisenberg (Thuringia) (until 1922/1923) and Naumburg (Saale) , Germany
management Wilhelm Gehring, Paul Peter (Board of Directors)
Number of employees up to 300 workers
Branch Motor vehicle manufacturer

The car works Peter & Moritz AG was a German company for the production of automobiles , which was founded in 1919, headquartered 1922/1923 of Eisenberg (Thuringia) to Naumburg (Saale) moved and there in 1925 went bankrupt.

history

The Eisenberger Kaufmann Paul Peter and the engineer Karl Moritz from Berlin founded on 25 March 1919, the company car plants Peter & Moritz in the form of a general partnership , as corporate purpose were in the commercial register sales, construction, operation and repair of motor vehicles registered. In November 1919, the company was converted into a stock corporation. The engineer Wilhelm Gehring (also Willi Gehring ) acted as operations manager . On June 23, 1920, Peter, Moritz and Gehring registered a motor vehicle as a utility model with the Reich Patent Office, with which a successful 600 km test drive took place shortly afterwards. This vehicle cost 10,000 marks . To enable further expansion, the share capital was increased in several steps up to 15.1 million marks by the end of 1922. They moved to a site in Naumburg and produced with up to 300 workers.

The inflation of the early 1920s caused a flight to real assets, which also spurred sales of automobiles. After the end of the currency reform in autumn 1923, the class of small car buyers was consistently impoverished and sales collapsed. In the face of competition from a large number of small and very small automobile manufacturers, the company found itself more and more in financial difficulties. In March 1925, ownership of the machines was formally assigned to the creditors as part of a security transfer . Other payment obligations were covered by the assignment of unfinished automobiles. When the city of Naumburg finally no longer wanted to defer the accumulated rental debts for the factory buildings, bankruptcy had to be declared in December 1925 .

Willi Gehring, who had formed the company's board of directors with Paul Peter until the end, acquired a number of machines from the bankruptcy estate in 1926, with which he initially opened a repair shop, which later became the Gehring machine factory in Naumburg an der Saale.

Quantities

Around 100 vehicles were built by the winter of 1922/23. In the Naumburg plant, 250 workers could have produced 60 to 80 vehicles a month. However, the factory was underutilized. In total, an estimated 500 to 800 vehicles are said to have been manufactured.

vehicles

A touring car with a 5/15 hp engine and a sports car with a 5/20 hp engine were built under the Peter & Moritz brand .

literature

Web links

Individual evidence

  1. ↑ http://www.gehring.de/standorte/naumburg/
  2. ↑ a b Harald H. Linz, Halwart Schrader : The International Automobile Encyclopedia . United Soft Media Verlag, Munich 2008, ISBN 978-3-8032-9876-8 , chapter Peter & Moritz.
  3. ^ A b Andres Busch: The history of the Thuringian automobile industry. 1894-1945 . Rockstuhl Verlag, Bad Langensalza 2001, ISBN 3-934748-10-4 , pp. 61-64.