Renault to sell $1.4 billion Daimler stake to reduce debt

Renault to sell $1.4 billion Daimler stake to reduce debt

By Anna Domanska - Mar 12, 2021

Proceeds from the sale of stake in Daimler will allow Renault to “accelerate the financial de-leveraging of its automotive activity,” the company said.

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Mercedes-Benz introduces Tesla-like Home Power Storage System

Mercedes-Benz introduces Tesla-like Home Power Storage System

By Christy Gren - Jun 10, 2015

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

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Daimler names Troska to oversee China’s market

Daimler names Troska to oversee China’s market

By Aubrey Chang - Dec 12, 2012

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

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China To Levy Additional Duties On U.S. Car Imports

China To Levy Additional Duties On U.S. Car Imports

By Dhwani Shah - Dec 15, 2011

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

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