FRANKFURT, June 19 (Reuters) - Daimler, which is overhauling its Mercedes - Benz dealership operations, said on Friday it would sell sales outlets in eastern Germany to China's Lei Shing Hong Group (LSH), the world's largest Mercedes dealership.
FRANKFURT, June 18 (Reuters) - Daimler said it had hired Sajjad Khan, a senior BMW executive responsible for the Bavarian auto maker's Connected Drive programme, in a coup for the Stuttgart-based maker of Mercedes - Benz cars.
PUNE, India, June 11 (Reuters) - German automaker Mercedes - Benz plans to increase the number of cars it makes in India, hoping to trim retail prices to help grab a bigger share of a luxury car market where competition is intensifying from rivals Audi and BMW.
FRANKFURT, May 25 (Reuters) - German carmaker Daimler is to make software from web services company Baidu available in its Chinese Mercedes - Benz cars as part of a trend of deepening ties between carmakers and consumer technology companies.
SAO PAULO, May 19 (Reuters) - The Mercedes - Benz truck unit of Germany's Daimler AG said on Tuesday it had dismissed 500 workers at a Brazilian truck plant and is putting about 7,000 others on paid leave as it suspends production in the face of plunging sales.
No-moat-rated Daimler, which makes Mercedes - Benz cars, trucks (Freightliner in the U.S.), vans ..... vans, and buses, increased by 13%. We expect Mercedes - Benz cars to experience solid growth in the coming years
available at dealerships in 10 to 15 years. Google plans to roll out a few test cars this year. And BMW, Volvo, and Mercedes - Benz are gearing up to offer several autonomous features in the market this year (see table). “Thanks to cheaper, more flexible
of Omega watches; cruising in French Canal du Midi to Carcassonne ; deals on $100K European cars [ Audi, BMW, Mercedes - Benz , Porsche; Volvo ]; Honda ’s new light jet; art museum fund raising [ cover story ]; BNY Mellon Wealth Management
financial services) were 12.5%, marking an improvement of 80 basis points compared with the same period a year ago. Mercedes passenger car EBIT margins improved 100 basis points to 8.6% even though European volume was down 1.1%. Despite a 5.2% decline
world include the obvious international automobile makers, such as Japan’s Toyota Motor ( TM ) and Germany’s Mercedes - Benz , but also include even the omnipresent beer Bud Lite which is now owned by a Belgian company. They include a financial