Renault to sell $1.4 billion Daimler stake to reduce debt
Proceeds from the sale of stake in Daimler will allow Renault to “accelerate the financial de-leveraging of its automotive activity,” the company said.
Mercedes-Benz introduces Tesla-like Home Power Storage System
After Tesla Motors, and Ford, now it’s the German Automobile manufacturer – Mercedes-Benz, which introduced its sleek and portable home power storage unit, on Tuesday. The
Daimler names Troska to oversee China’s market
On the 12th of December, Germany’s Daimler AG informed that it appointed Hubertus Troska as a new member of the board. Hubertus Troska as the new member will be responsible for r
China To Levy Additional Duties On U.S. Car Imports
China plans to impose additional duties on U.S. auto imports. China’s commerce ministry believes that vehicles were being dumped in the Chinese market, substantially hampering Ch
