Cars
Looks like Daimler quickly zapped out from the break up with the Chrysler Group and is now in search for a new bride. Fiat Group’s CEO, Sergio Marchionne surprised reporters yesterday (Nov.6, 2007) by announcing that the Italian carmaker is in talks with the Daimler Group (aka Mercedes-Benz) about a full partnership. "We're not just talking with Daimler about engines, we're talking about everything," Marchionne told reporters on the margins of a conference. Though Marchionne declined to give out any details about the discussion with Daimler, what we’re seeing here is top level talks between Fiat and Mercedes-Benz about a possible alliance. -Continued after the jump
- Daimler In Talks With Renault To Build Large Van Together
Following the Renault Kangoo – Mercedes-Benz Citan joint project, Daimler and Renault are now holding talks to build a large van together, expanding their existing partnership. “We’re in early talks with Renault,†Daimler spokeswoman...
- Donations For Japan Continue, Fiat Offers €100,000, Mercedes-benz Gives €2 Million
The donations for Japan keep coming in, with Mercedes-Benz’s parent company Daimler announcing today that it will provide €2 million (about US$2.8 million at today’s exchange rates) as immediate aid for the victims of the earthquake...
- Report: Fiat Group May Raise Its Chrysler Stake From 20% To 51%
Italian carmaker Fiat may increase its stake in the Chrysler LLC group from 20 per cent it owns today to 51 per cent before an initial public offering (IPO) by the U.S. automaker, the firm's chief executive officer, Sergio Marchionne, told reporters...
- Mercedes' Parent Company Daimler Acquires 10% Stake In Tesla Motors
Turns out that the yesterday's rumors were spot on as Mercedes-Benz' parent company, Daimler AG, announced today in a press conference in Stuttgart that the German firm has acquired an equity stake of nearly 10 percent of Tesla Motors. The two...
- Daimler Agrees To Give Up Its 19.9% Stake In Chrysler
Mercedes-Benz's parent company Daimler has reached an agreement with Cerberus to let go of its remaining 19.9% stake in Chrysler LLC and write off a $1.5 billion loan that went to the American automaker in 2007. The new agreement will help Chrysler...
Cars
Fiat In Talks With Mercedes-Benz About Full Partnership
Looks like Daimler quickly zapped out from the break up with the Chrysler Group and is now in search for a new bride. Fiat Group’s CEO, Sergio Marchionne surprised reporters yesterday (Nov.6, 2007) by announcing that the Italian carmaker is in talks with the Daimler Group (aka Mercedes-Benz) about a full partnership. "We're not just talking with Daimler about engines, we're talking about everything," Marchionne told reporters on the margins of a conference. Though Marchionne declined to give out any details about the discussion with Daimler, what we’re seeing here is top level talks between Fiat and Mercedes-Benz about a possible alliance. -Continued after the jumpCould this flirt lead to a new marriage? We can’t say for sure, but we’re more than certain that we’ll be hearing a lot of speculations and rumors over the next few months.
Via: Reuters , Image: Carscoop
- Daimler In Talks With Renault To Build Large Van Together
Following the Renault Kangoo – Mercedes-Benz Citan joint project, Daimler and Renault are now holding talks to build a large van together, expanding their existing partnership. “We’re in early talks with Renault,†Daimler spokeswoman...
- Donations For Japan Continue, Fiat Offers €100,000, Mercedes-benz Gives €2 Million
The donations for Japan keep coming in, with Mercedes-Benz’s parent company Daimler announcing today that it will provide €2 million (about US$2.8 million at today’s exchange rates) as immediate aid for the victims of the earthquake...
- Report: Fiat Group May Raise Its Chrysler Stake From 20% To 51%
Italian carmaker Fiat may increase its stake in the Chrysler LLC group from 20 per cent it owns today to 51 per cent before an initial public offering (IPO) by the U.S. automaker, the firm's chief executive officer, Sergio Marchionne, told reporters...
- Mercedes' Parent Company Daimler Acquires 10% Stake In Tesla Motors
Turns out that the yesterday's rumors were spot on as Mercedes-Benz' parent company, Daimler AG, announced today in a press conference in Stuttgart that the German firm has acquired an equity stake of nearly 10 percent of Tesla Motors. The two...
- Daimler Agrees To Give Up Its 19.9% Stake In Chrysler
Mercedes-Benz's parent company Daimler has reached an agreement with Cerberus to let go of its remaining 19.9% stake in Chrysler LLC and write off a $1.5 billion loan that went to the American automaker in 2007. The new agreement will help Chrysler...