The greatness in great tales is often difficult to replicate, and remain for the most part, a once in a lifetime achievement. For Holtorf and his G-Class that story is his life story.
In reorganising cooperation with Tesla Motors, Daimler AG (DAI) has sold its stake of about 4% in Tesla. Cooperation between both partners on automotive projects is unaffected, and work on Mercedes-Benz B-Class Electric Drive is complete.
Paris: At the ongoing 2014 Paris Motor Show, Renault-Nissan Alliance and Daimler AG conformed its long-term commitment and shared future projects as being on track. Having begun operations together in 2010, the original collaboration was limited to 3 projects within Europe.
Renault-Nissan Alliance and Daimler AG have now announced joint development of premium compact vehicles and joint production in Mexico in expanding their cooperation. Renault-Nissan CEO Carlos Ghosn and Daimler CEO Dieter Zetsche announced the 50:50 JV earlier today.
Daimler AG and Rolls-Royce plc today announceed their agreement to the valuation of Daimlerâ€™s 50% equity interest in the Rolls-Royce Power Systems Holding Ltd JV. The fair market value of Daimlerâ€™s shares due to be acquired by Rolls-Royce are valued at EUR 2.43 billion. With a transaction expected this year, the matter is subject to usual regulatory approvals and Daimler will recognize the financial impact at the time of closing.
Daimler and Volvo are anticipated to lead in use of V2V communication systems across Europe: Frost & Sullivan
Vehicle-to-vehicle (V2V) and vehicle-to-infrastructure (V2I) communication systems are seeing a rise in demand due to its ability to improve traffic efficiency, mobility, safety, driving conditions, and avert potentially dangerous situations. New analysis from Frost & Sullivan. It’s expected 40% of vehicles will use V2V communication technologies by 2030.
2013 has been difficult for the Indian truck market with almost 30% sales decline until November end. Despite an economic downturn, Indian Daimler Trucks brand, BharatBenz, which has only just set shop has climbed to 4th spot in India’s medium-duty and heavy-duty truck segment.
With greater emphasis on Information Technology, a new Global Service Center for SAP and non SAP systems has been established by Daimler at Bangalore, India. This new Center will offer employment to a total of 800 employees by the year 2015.