1931 Timelines: Borgward-Geschichte

Borgward and Tecklenborg become sole shareholders of Hansa-Lloyd-Werke and merge the company with Goliath-Werke Borgward & Co. to form Hansa-Lloyd und Goliath-Werke Borgward & Tecklenborg oHG. Production of the three-wheeled Goliath Pionier outstrips that of all other cars in Germany in 1931/32.