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 enters new territory by tapping capital market in China with issue of first bond of 500 million renminbi. The bond is issued with a one-year maturity. Daimler is the first foreign company to issue a bond with a volume of 500 million renminbi (equivalent to 60 million euros) and a maturity of one year.
Stuttgart â€“ Daimler AG (ticker symbol DAI) is to sell its 50-percent equity interest in the joint venture Rolls-Royce Power Systems Holding Ltd. (RRPSH) to its partner Rolls-Royce plc. Daimler is making use of a put option on its stake in RRPSH that was agreed upon with Rolls-Royce in 2011.
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.