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Nissan and Daimler Might Shake Hands on a Mexican Joint Venture


The Japanese automaker Nissan and Germany's Daimler shook hands to create a 50-50 joint venture in Mexico. Nissan's and Daimler's joint manufacturing venture will build small, upmarket cars for the automakers' Mercedes-Benz and Infiniti brands. The two car makers signed last month a memorandum of understanding regarding this plan, according to an anonymous source. This is another example of how more and ...
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More dieter zetsche articles

Daimler to extend Renault Nissan cooperation with Fuso vans
The German automaker and the French-Japanese group are expanding their global cooperation to include commercial vans made in Japan as the manufacturers continue to identify new projects together. The manufacturers have ...
Report – Daimler CEO says Mercedes will build compact cars in Brazil
According to German newspaper Stuttgarter Zeitung, CEO Dieter Zetsche said Mercedes-Benz would choose this year between two or three locations it had shortlisted for a plant in Brazil. Daimler’s decision to ...
AMG Head will run Mercedes Benz sales
Mercedes-Benz, the world’s third-biggest maker of luxury vehicles, appointed the head of the AMG high-performance business, Ola Kaellenius, to oversee sales as the company reorganizes how it deals with customers. Kaellenius, ...
Daimler CEO Believed Mercedes Will Lose Race to BMW This Year
Daimler CEO Dieter Zetsche does not expect Mercedes-Benz to win the luxury auto sales race in the US this year. “I don’t think we’ll be No. 1 at the end of ...
Mercedes gets 12,000 orders for its new S-Class
Daimler AG, the maker of Mercedes-Benz luxury vehicles said it already received 12,000 orders for its new generation S-Class luxury sedan in the last four weeks. The German automaker counts on ...
Daimler Cuts Mercedes’ Spending to Boost Sales and Profit
Daimler will cut costs at Mercedes-Benz to avoid forced job cuts and to push forward its target of surpassing BWM in profit and sales. "We're looking everywhere to increase efficiency at ...
Daimler Reduced Managers Payments
Daimler cut CEO Dieter Zetsche’s pay by 5.8%, as all managers’ payments were reduced once the profit targets were scrapped. Zetsche’s compensation for last year totaled 8.15 million euro, from 8.65 ...
Daimler CEO to Increase Mercedes Sales in China With 50% by 2015
Daimler’s CEO Dieter Zetsche has promised to increase by 50% Mercedes’ sales in China by 2015. Zetsche announced that he will increase Mercedes-Benz’ sales in China by 50% to 300,000 vehicles ...
Daimler AG extends Dieter Zetsche’s contract by three years
The Supervisory Board of Daimler AG passed a unanimous resolution to extend the contract of Dr. Dieter Zetsche, Chairman of the Board of Management of Daimler AG and Head of ...

latest automotive news
Infiniti and Nissan might still produce the IDx, the BladeGlider and the Q50 Eau Rouge
Nissan and Infiniti hasn’t given up on creating some exciting niche models such as the IDx, the BladeGlader and the ...
Among metal price slump, aluminum keeps momentum due to automaker investments
While the global economy is worried that prices are falling for numerous commodities, among metals the aluminum is climbing as ...
Honda CR-Z gets axed in Australia
The Australian division of Honda has officially announced the discontinuing of the CR-Z from its local lineup. The Honda CR-Z, or ...
Next-gen Volkswagen Tiguan going to Frankfurt
Volkswagen will be officially presenting the next generation of the Tiguan during the 2015 Frankfurt Motor Show, his autumn. The Volkswagen ...
Aston Martin to receive much needed cash for investment strategy
British luxury sports car manufacturer Aston Martin has been pledged by its top financial supporter the needed cash for investments ...
China: Beijing is at the top of the vehicle ownership ranking
Beijing has had a sensible idea when the city’s officials decided to construct a 940-kilometer (580 miles) highway designed to ...
Renault expects a sales surge thanks to new Kadjar SUV
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US: Uber claims car-sharing services lower drunk driving cases
Uber Technologies, the most highly valued technology startup in the US, believes its ride-hailing services – and those offered by ...
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India: Maruti-Suzuki promises increased financial transparency
India’s largest automaker - Maruti Suzuki – has moved to pledge to its investors increased clarity on its investment strategies ...
US: Mercedes relegates R-Class production to make room for SUVs
Mercedes-Benz, the third largest premium automaker in the world and the second biggest luxury brand in the US, has announced ...
Lotus to test 2015 Mercedes engine at Jerez
Jan.28 (GMM/Inautonews.com) Lotus has hit back at reports it will not benefit from the 2015 specification of Mercedes' turbo ...
New Ferrari ‘better looking’ than 2014 car – Allison
Jan.28 (GMM/Inautonews.com) If aesthetics mean anything, Ferrari will have a better year in 2015. Last year, the F14-T - resembling ...
Todt backs Ferrari to bounce back
Jan.28 (GMM/Inautonews.com) FIA president Jean Todt has backed his former team, Ferrari, to bounce back in formula one. Now in ...
Vettel pondered F1 exit amid career crisis – Horner
Jan.28 (GMM/Inautonews.com) Before making the radical switch to Ferrari, Sebastian Vettel contemplated simply quitting formula one. That is the claim ...
Pirelli expecting ‘significant’ speed boost in 2015
Jan.28 (GMM/Inautonews.com) Pirelli boss Paul Hembery is expecting a much faster field of 2015. Last year, among the criticisms of ...
Berger tips Dennis to keep top McLaren job
Jan.28 (GMM/Inautonews.com) Gerhard Berger, once linked with the top job, has now backed Ron Dennis to keep running McLaren. For ...