Post Tagged with: "daimler"

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Daimler chairman wants sales chief as next CEO

Daimler chairman wants sales chief as next CEO

According to a German magazine, Daimler sales chief Ola Kaellenius could be the next company’s chief executive, but he will have to wait three more years. Daimler sales chief Ola Kaellenius could be in line to become the carmaker’s chief executive, but not for several years, as incumbent Dieter Zetsche […]

Daimler to build new diesel engine production line

Daimler to build new diesel engine production line

Daimler AG will invest 375 million dollars in a complex near Detroit to build diesel engines for medium duty trucks. The announcement was made by the head of Daimler AG’s commercial truck operation, as being part of a plan of increasing its engines output, and accordingly selling more trucks. The […]

Daimler to implement new leadership model

Daimler to implement new leadership model

Daimler intends to fight his way up the luxury automotive ladder by enforcing a new leadership model. In an increasingly inter-connected world, in which Apple Inc. and Google expressed a clear intention to tackle the automotive industry, well-established and traditional automakers must improve their performance and become more flexible. Under […]

Is the Daimler – Renault Nissan partnership a possible target for alliance hungry FCA?

Is the Daimler – Renault Nissan partnership a possible target for alliance hungry FCA?

Fiat Chrysler Automobiles chief executive officer Sergio Marchionne might one day grow tired of waiting patiently for General Motors to come to the negotiations table and look for a merger elsewhere. Marchionne has been very adamant and outspoken about the need for the automotive industry to further consolidate – much […]

BAIC in talks with Daimler for stake purchase

BAIC in talks with Daimler for stake purchase

The Chinese automaker BAIC Motor is in talks with the German luxury carmaker Daimler AG for a stake into the company, as two sources for Reuters stated. Daimler already has 10% stake in BAIC, Hong Kong’s listed unit of China’s Beijing Automotive Group and discussions on BAIC’s investment in Daimler […]

Daimler would welcome new Chinese investor

Daimler would welcome new Chinese investor

Carmaker Daimler AG expressed its openness to welcome new long-term Chinese shareholders after a media report announced that Chinese automaker BAIC Motor was interested in purchasing a stake from the German automotive company. After the Beijing car manufacturer stated it was looking into investing in a major stake at Daimler, […]