Volkswagen in talks to form joint venture with Didi Chuxing

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Volkswagen is in talks to establish a joint venture with China’s Didi Chuxing to manage part of the ride-hailing company’s fleet of vehicles and assist with development of “purpose-built” vehicles for Didi’s services. As part of the deal between Volkswagen and China’s biggest ride-hailing service, anticipated to be signed early next month, the German automaker […]

Daimler-BMW joint mobility venture aims to be international player: Daimler CFO

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Daimler and BMW’s new joint mobility services division aims to become an international player through both organic growth and acquisitions, Daimler Chief Financial Officer Bodo Uebber stated. “We want to expand significantly and we are in a position to manage large acquisitions,” Uebber stated. The two leading German luxury automakers revealed strategies on Wednesday to […]

China’s Didi, competitor to Uber, looks to expand into Taiwan market

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China’s Didi Chuxing on Tuesday stated it was seeking to bring its ride-hailing service to Taiwan through a regional franchise partner, possibly marking its first growth throughout waters as it seeks to take on U.S. competing Uber Technologies Inc. Didi Chuxing stated it has authorized franchisee operator LEDI Technology to carry out market research and […]

Daimler in talks with Didi Chuxing and others for possible cooperation

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Daimler AG remains in talks with regional Chinese ride-hailing companies consisting of Didi Chuxing to go over possible cooperation deals, board member Hubertus Troska stated. “We are speaking to the leading players consisting of Didi about how we might establish something,” Troska, Daimler’s board member with responsibility for Greater China, informed reporters gathered at the […]