Daimler will keep a 35% stake in the trucks division it prepares to spin off this year, the automaker said on Friday, providing more information on a landmark corporate split …
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Daimler trucks
German luxury automaker Daimler is preparing a stock market listing of its trucks division, business newspaper Handelsblatt reported, by mentioning company sources. The unit could be floated at the end …
Germany’s Daimler AG and its China commercial vehicle partner Beiqi Foton Motor will spend 3.8 billion yuan ($580 million) for making Mercedes Benz-branded heavy-duty trucks in Beijing, the companies said …
Daimler will offer employees at its Mercedes-Benz trucks company voluntary redundancy as it looks to decrease annual expenses by 400 million euros ($424 million) through a mix of budget and …
