Daimler AG (stock-exchange symbol: DAI) is continuing along its path of profitable growth. In the second quarter of 2014, the Group achieved new record levels of unit sales and revenue and significantly increased its operating profit from ...
Tags: Daimler AG, profitable, Auto Parts
German automaker Daimler is planning to produce Mercedes-Benz passenger cars in Russia, in a move aimed at expanding its global production network for Mercedes-Benz passenger cars. In a statement, Daimler said: "We have been looking at ...
Tags: Daimler, Mercedes-Benz, Passenger Cars
German automaker Daimler has commenced the production of its Mercedes-Benz V-Class MPVs at its plant in Vitoria, Spain. This move is a part of the company's growth strategy and strengthens the van plant in the division's global production ...
Tags: Daimler, Mercedes-Benz, V-Class Production
German automaker Daimler is set invest EUR190m in its Mercedes-Benz plant in Vitoria, Spain, for the production of medium-size vans. The production is expected to start in 2014. The company will primarily use the amount in the ...
Tags: invest, assembly units
German carmaker Mercedes-Benz has opened its Beijing Benz Automotive (BBAC) engine plant to produce passenger-car engines in Beijing on 18 November 2013. The company commenced the construction of this plant in 2011 with EUR400m ...
Tags: Mercedes-Benz, BBAC Engine
A major order is giving a further boost to Daimler AG’s van business in China. Daimler’s van joint venture Fujian Benz Automotive Co. (FBAC) has secured an order by the Dalian Wanda Group comprising 85 Mercedes-Benz Viano 3.0L ...
Tags: Wanda Group, Mercedes-Benz
Mercedes-Benz Vans and BASF have joined forces in the growth market of Russia. BASF is supplying all of the paints for the recently launched production of the Sprinter Classic van. Mercedes-Benz Vans manufactures the Sprinter Classic for ...
Tags: Mercedes-Benz, Vans, BASF
Mercedes-Benz Vans and BASF have joined forces in the growth market of Russia. BASF is supplying all of the paints for the recently launched production of the Sprinter Classic van. Mercedes-Benz Vans manufactures the Sprinter Classic for ...
Tags: Paints, Construction
In the third quarter of 2013, Daimler AG once again achieved significantly higher earnings than in the prior-year period. The Daimler Group's EBIT for the period of July through September amounted to €2,231 million (Q3 2012: 1,923 ...
Tags: Daimler AG, Mercedes-Benz Cars
German automobile manufacturer Daimler has commenced the production of the Mercedes-Benz A-Class vehicles at the Valmet Automotive's manufacturing plant at Uusikaupunki in Germany. The move is a part of the manufacturing agreement signed ...
Tags: Mercedes-Benz, A-Class Vehicles
In the second quarter of 2013, the Daimler Group sold 605,800 cars and commercial vehicles worldwide, surpassing the prior year total by 6%. Daimler Trucks’ second-quarter unit sales were slightly above the prior-year level at ...
Tags: Daimler, Commercial Vehicles
German automobile manufacturer Mercedes-Benz has secured a van supply contract from the car rental company Avis Budget Group in Southern Europe. Under the deal, the manufacturer will supply 620 vans including its Vito, Viano and Sprinter ...
Tags: Mercedes-Benz, Van
German manufacture, Daimler has started the trial production at its under construction engine manufacturing plant in China. The construction of the facility, which is a subsidiary of Beijing Benz Automobile (BBAC), a joint venture between ...
Tags: Daimler, BAIC Motor
German automaker Daimler is planning to invest about EUR 300m to expand the production capacity at its Romnian subsidiary Star Transmission, in a bid to support production as its Stuttgart-Hedelfingen transmission plant is operating at full ...
Mercedes-Benz will introduce five new driver assistance systems into commercial vehicles over the coming months, increasing van safety. Crosswind Assist, Collision Prevention Assist, Blind Spot Assist, Lane Keeping Assist, and Highbeam ...
Tags: Mercedes Benz, car, vehicles