Cars
Daimler has just announced that it is giving up its four percent stake in Telsa Motors, for which it expects a return of $780 million. This, however, won’t affect the two companies continued cooperation, as the partnership has been deemed “very successful†by Daimler CEO Dieter Zetsche.
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- Toyota Also Dumps Some Of Its Tesla Shares
Only a few days after Daimler sold its remaining 4 percent stake in Tesla, Toyota is the next major stockholder to dispose some of its shares in the electric carmaker. Read more »...
- Daimler Rumored To Be Considering Full Takeover Of Aston Martin, Mv Agusta
The cooperation agreement between Daimler AG and Aston Martin is well-known, with the parent company of Mercedes-Benz recently increasing its stake in the British sports car manufacturer to 5 percent. Read more »...
- Mercedes-benz And Nissan Join Forces To Build 4-cylinder Engines In The Usa
Back in April of 2010, Daimler, Mercedes-Benz's parent company, and the Renault-Nissan Alliance announced a broad strategic cooperation in which the two companies exchanged a 3.1 percent stake with each other and made plans to collaborate on several...
- Daimler And Renault-nissan Alliance Tie The Knot: Infiniti Gets Mercedes-benz Engines
In the latest sign of auto industry marriages, Mercedes-Benz' parent company Daimler and the Renault-Nissan Alliance made their relationship official today at a news conference in Brussels, Belgium. The two groups announced a broad strategic cooperation...
- Daimler Sells 9.1% Stake To Abu Dhabi Firm As German Automaker Searches For Cash
In a move that many analysts see as a need to raise some much needed cash during a time of deepening global recession, Mercedes-Benz' parent company Daimler announced that it has sold a 9.1% stake worth €1.95 billion (US$2.65 billion) to Aabar...
Cars
Daimler to Sell Stake in Tesla but Continue Cooperation
Daimler has just announced that it is giving up its four percent stake in Telsa Motors, for which it expects a return of $780 million. This, however, won’t affect the two companies continued cooperation, as the partnership has been deemed “very successful†by Daimler CEO Dieter Zetsche.
Read more »
- Toyota Also Dumps Some Of Its Tesla Shares
Only a few days after Daimler sold its remaining 4 percent stake in Tesla, Toyota is the next major stockholder to dispose some of its shares in the electric carmaker. Read more »...
- Daimler Rumored To Be Considering Full Takeover Of Aston Martin, Mv Agusta
The cooperation agreement between Daimler AG and Aston Martin is well-known, with the parent company of Mercedes-Benz recently increasing its stake in the British sports car manufacturer to 5 percent. Read more »...
- Mercedes-benz And Nissan Join Forces To Build 4-cylinder Engines In The Usa
Back in April of 2010, Daimler, Mercedes-Benz's parent company, and the Renault-Nissan Alliance announced a broad strategic cooperation in which the two companies exchanged a 3.1 percent stake with each other and made plans to collaborate on several...
- Daimler And Renault-nissan Alliance Tie The Knot: Infiniti Gets Mercedes-benz Engines
In the latest sign of auto industry marriages, Mercedes-Benz' parent company Daimler and the Renault-Nissan Alliance made their relationship official today at a news conference in Brussels, Belgium. The two groups announced a broad strategic cooperation...
- Daimler Sells 9.1% Stake To Abu Dhabi Firm As German Automaker Searches For Cash
In a move that many analysts see as a need to raise some much needed cash during a time of deepening global recession, Mercedes-Benz' parent company Daimler announced that it has sold a 9.1% stake worth €1.95 billion (US$2.65 billion) to Aabar...