Too many Mercedes-Benz on 5th Avenue: Just a year ago, Donald Trump threatened German car manufacturers with import duties. However, BMW and Daimler are now benefiting from the tax reform of the US president. Cars from Mercedes-Benz Friday, 22.12.2017 20:59 clock The carmaker Daimler and BMW Expect billions of extra profits for the tax reform… Continue reading US tax reform brings Daimler and BMW billions
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Daimler makes more profit – despite the diesel crisis
Diesel crisis and cartel allegations could not harm Daimler: The Stuttgart-based group sold more cars in 2017 and made big profits. Employees can look forward to high premiums. Getty Images Daimler headquarters in Sindelfingen Thursday, 01.02.2018 15:01 clock The Stuttgart-based carmaker Daimler sold significantly more cars in 2017 and posted record sales and earnings. Despite… Continue reading Daimler makes more profit – despite the diesel crisis
Daimler Group to be divided into three
The Daimler Board of Management has decided to take the first steps in a major redesign plan: In the future, the car company will consist of three independent divisions. The Stuttgart hopes that more clout against new rivals such as Tesla or Apple. Daimler headquarters in Stuttgart Monday, 16.10.2017 15:27 clock Daimler CEO Dieter Zetsche… Continue reading Daimler Group to be divided into three
Daimler puts a billion dollars in US location
Daimler wants to expand the electromobility and is investing in a US location. This puts the group in the ranks of competitors, which also put millions in the US market. Thursday, 21.09.2017 21:19 clock Daimler invests a billion dollars for his electric carPlans in the Mercedes location Tuscaloosa in the US state of Alabama. “A… Continue reading Daimler puts a billion dollars in US location
Daimler breaks in and extinguishes Dalai Lama quote
Daimler advertised in China with a quote from the Dalai Lama, then came complaints. Now the car maker has given in, human rights activists consider that a “shameful kowtowing”. Dalai Lama Wednesday, 07.02.2018 10:47 Daimler has with a quote of Dalai Lama caused a controversy in China and Germany. In the People’s Republic of the… Continue reading Daimler breaks in and extinguishes Dalai Lama quote
Geely entry makes investors uncertain
The entry of the Chinese Geely owner Li Shufu has caused uncertainty among Daimler shareholders. The government assesses the transaction more relaxed – with small restrictions. Getty Images Mercedes plant in Sindelfingen Monday, 26/02/2018 12:38 clock The uncertainty about the new major shareholder from China on Monday has the shareholders of Daimler vexed. The shares… Continue reading Geely entry makes investors uncertain
Faurecia Announces New Toledo Facility, Creation of More Than 100 Jobs
TOLEDO, Ohio, July 12, 2018 /PRNewswire/ — Faurecia Interiors, a global manufacturer of automotive interior systems with North American headquarters based in Auburn Hills, Michigan, announced plans today to open a new production facility in Toledo, Ohio. The new facility will create more than 100 new jobs and officially begin production activity in April 2019,… Continue reading Faurecia Announces New Toledo Facility, Creation of More Than 100 Jobs
Mobike-Ofo Merger Unlikely As Alibaba, Tencent Battle For Bike Sharing Dominance
To merge or not to merge? This is a question now beyond the control of the two companies most expected to combine in China at the moment: bike sharing unicorns Mobike and ofo. That is because their respective ultimate backers, Tencent Holdings Ltd. and Alibaba Group, both want to dominate the industry believed to shape… Continue reading Mobike-Ofo Merger Unlikely As Alibaba, Tencent Battle For Bike Sharing Dominance
Aptiv Opens Boston Technology Center
BOSTON, Dec. 12, 2017 /PRNewswire/ — Aptiv PLC (NYSE: APTV), a global technology company focused on the development and commercialization of advanced mobility solutions, today announced that it has opened a new technology center in Boston’s Seaport district, expanding the Company’s U.S. engineering footprint and further establishing itself as a leader in the future of mobility.… Continue reading Aptiv Opens Boston Technology Center
Aptiv Announces Dividend
GILLINGHAM, England, Dec. 7, 2017 /PRNewswire/ — Aptiv PLC (NYSE: APTV), a technology company that develops safer, greener and more connected solutions for its global customers, today announced that its Board of Directors declared a quarterly cash dividend of $0.22 per ordinary share, or $0.88 per ordinary share annualized. The dividend is payable on February 14, 2018, to… Continue reading Aptiv Announces Dividend