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Daimler Strategic Overhaul Latest News

  • Daimler may split parts of its business into separate legal entities in an overhaul, its Chief Executive Dieter Zetsche said, although the car and truck maker ruled out major divestments for now. Separating Daimler's divisions could unlock value, with trucks and buses on their own worth 31 billion euros ($36 billion), analysts at Evercore ISI said in a note.
    Daimler Considers Legal Split In Strategic Overhaul

Reviews

  • Aston Martin on Tuesday announced plans for a luxury crossover SUV that may draw more heavily on its partnership with Daimler, as the British sports car maker confirmed moves to raise more capital and expand into new vehicle categories.
    Aston Martin Crossover May Deepen Daimler Partnership
  • Daimler India Commercial Vehicles Pvt. Ltd. crossed the milestone of the 20,000th locally produced trucks from its plant at Oragadam. This feat was achieved only two and a half years after start of production.
    Daimler India Commercial Vehicles rolls out 20000th truck
  • Daimler, Mercedes-Benz's parent company, is aiming to introduce a self-driving truck in the market by 2025. The company unveiled recently the Mercedes-Benz Future Truck 2025, which kick starts a new age in the world of transportation.
    Daimler to Introduce Autonomous Trucks by 2025
  • Daimler and Renault-Nissan have announced plans to establish a joint venture to build a new plant in Aguascalientes, Mexico. The plant will employ approximately 5,700 people and begin building Infiniti vehicles in 2017.
    Renault-Nissan Alliance and Daimler to Setup New Plant in Mexico
  • Daimler India Commercial Vehicles Pvt. LTD (DICV) with Mitsubishi Fuso Truck and Bus Corporation, Japan (MFTBC), launched Daimler's made-in-India truck in Zimbabwe.
    Daimler Launches Made-in-India FUSO Trucks in Zimbabwe