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Daimler AG

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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 …

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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 reviving sales of the Mercedes-Benz brand in China The world’s third-largest maker of luxury cars decided to take this step as it saw a slump in it sales in the world’s biggest auto market. As it was underlined by Daimler AG, China is strategically important for the group, therefore the company chose to create a new position on its management board.

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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 China’s domestic market. Shen Danyang, Ministry of Commerce spokesman, believes that this move is fair and based on the law.

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