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Donnerstag, 3.November 2011Daimler AG and its Chinese partner Beijing Automotive Group Co., Ltd. (BAIC) today signed a Letter of Intent in Stuttgart, which will further deepen the comprehensive strategic partnership between these two companies.
The Letter of Intent was signed by Xu Heyi, Chairman of BAIC, Han Yonggui, President of BAIC, Prof. Dr. Thomas Weber, Head of Group [...]
Daimler remains on course: very successful third quarter, Group EBIT from ongoing business of €2,110 million
Donnerstag, 27.Oktober 2011Daimler AG (stock-exchange symbol DAI) continued its successful course in the third quarter of 2011. Group EBIT amounted to €1,968 million (Q3 2010: €2,418 million). Adjusted for special factors, however, EBIT from the ongoing business of €2,110 million was higher than in the prior-year period (Q3 2010: €2,022 million).
Net profit for the period was €1,360 [...]
Twelfth place among the ‘Best Global Brands 2011’: Mercedes-Benz is the world’s most valuable premium automotive brand
Freitag, 7.Oktober 2011Mercedes-Benz continues to be regarded as the world’s most valuable premium automotive brand. In the latest ranking by respected brand consultancy Interbrand Zintzmeyer & Lux, ‘Best Global Brands 2011’.
The three-pointed star brand again took twelfth place – as it did last year – and is therefore the most valuable European brand. Its brand equity [...]
Final Approval issued by Chinese Authorities: Way clear for Daimler’s Truck Joint Venture with Foton
Montag, 26.September 2011‘Beijing Foton Daimler Automotive Co., Ltd.’ (BFDA) has received its final approval from the Chinese Ministry of Commerce (MOFCOM). “This is an important step for the global growth strategy of Daimler, as well as the local expansion of our portfolio,” says Dr. Dieter Zetsche, Chairman of the Board of Management of Daimler and Head of [...]
Preliminary Investigations against Board of Management of Daimler AG discontinued
Mittwoch, 21.September 2011The District Attorney’s Office in Osnabrück has issued the following notice: “On Monday, September 19, 2011, the Office of the District Attorney of Osnabrück discontinued the preliminary investigations concerning alleged gross negligence resulting in death against Dr. Dieter Zetsche as representative of the Daimler Board of Management.“
“The investigation was initiated on the basis of allegations [...]
Mercedes-Benz, 60 years in Argentina
Samstag, 17.September 2011The company celebrated 60 years of its arrival in the country with an event to which more than 700 people attended and where it introduced the new Sprinter utility vehicle and announced the production of engine OM651.
Buenos Aires, September 6th, 2011. It was the 60th anniversary of the arrival of Mercedes-Benz in Argentina, proud to [...]
Daimler research team nominated for the “Deutscher Zukunftspreis” awarded by the Federal President
Dienstag, 30.August 2011The “Deutscher Zukunftspreis”, or German Future Prize, is the Federal President’s prize for technology and innovation and is acknowledged as the country’s most prestigious award for technical and scientific innovations.
In the anniversary year of the automobile, a team from Daimler is again among the three teams of researchers nominated for the prize by Federal [...]
Daimler and Rolls-Royce obtain final approval for acquisition of Tognum
Montag, 29.August 2011Daimler AG and Rolls-Royce Holdings plc have obtained the approval of all the relevant regulatory authorities for the acquisition of Tognum AG. This step paves the way for Daimler and Rolls-Royce to conclude the takeover of the Friedrichshafen-based engine and drive system specialist Tognum through their joint venture, Engine Holding GmbH.
The settlement will be [...]
Daimler and Rolls Royce joint venture secures 95 percent of Tognum’s shares
Donnerstag, 11.August 2011Daimler AG and Rolls-Royce Group plc have acquired additional shares in Tognum AG equivalent to 0.83 percent of its equity.
Upon completion of the public tender offer, the two companies will have acquired at least 95 percent of Tognum’s shares through their joint venture, Engine Holding GmbH. Reaching the 95-percent threshold represents another milestone for [...]
“Best of Best”: the Mercedes-Benz design team is “Team of the year”
Montag, 8.August 2011It’s official: Mercedes-Benz design is outstanding. As confirmed by three first places in the Automotive Brand Contest 2011. The competition’s top-flight expert jury voted the Mercedes-Benz design team “Team of the year”.
They additionally awarded the ultimate “Best of Best” plaudit to the Mercedes-Benz CLS in the Exterior category. The Concept A-Class interior was also [...]
Daimler’s earnings at a record level: EBIT of €2,581 million in second quarter of 2011
Mittwoch, 27.Juli 2011Daimler AG achieved earnings in the second quarter of 2011 that were among the best in a quarter in the Group’s entire history: Group EBIT amounted to €2,581 million (Q2 2010: €2,104 million).
Net profit increased to €1,704 million, which was also a record level (Q2 2010: €1,312 million), and earnings per share amounted to €1.51 [...]
Daimler Supervisory Board extends contract of service of Wilfried Porth
Mittwoch, 27.Juli 2011In its meeting today, the Supervisory Board of Daimler AG extended the contract of service of Wilfried Porth, Daimler’s Board of Management Member for Human Resources and Director of Labor Relations, until April 30, 2017.
Wilfried Porth has been a member of the Board of Management of Daimler AG since April 8, 2009 and is responsible [...]
Grand Opening of Daimler’s Mercedes-Benz Advanced Design Center in Beijing
Freitag, 22.Juli 2011With the growing importance of the Chinese auto market as it increasingly influences changing needs and trends, today in Beijing saw the grand opening of Daimler’s fifth Mercedes-Benz advanced design studio worldwide.
Covering almost 1,000 square meters, this latest studio will contribute to the future design of Mercedes-Benz automobiles, the four other studios being located [...]
Daimler AG Invests more than 2 Billion USD into the Mercedes-Benz U.S. Plant in Tuscaloosa, Alabama
Donnerstag, 21.Juli 2011On the occasion of the production of the first new Mercedes-Benz M-Class customer vehicle at the Mercedes-Benz Tuscaloosa plant, Daimler AG announced significant investments for its North American passenger cars plant.
A total amount of more than 2 billion US dollars is invested for the production of the new M-Class, the successor generations of the [...]
Daimler Financial Services embarks on ambitious growth path in India
Mittwoch, 20.Juli 2011Daimler AG today announced the official launch of its Financial Services unit in India. Headquartered in Chennai, Daimler Financial Services India is a 100% subsidiary of Daimler AG.
“Two out of five Mercedes-Benz cars and every fourth commercial vehicle of the Daimler group worldwide is financed or leased by Daimler Financial Services. We intend to replicate [...]
Mercedes-Benz inaugurates new climatic wind tunnels: Weather at the touch of a button
Montag, 18.Juli 2011Mercedes-Benz has inaugurated two new climatic wind tunnels at its Sindelfingen site, designed to bring extreme weather conditions indoors. Temperatures ranging from minus 40 to plus 60 degrees Celsius, hurricanes with wind speeds of up to 265 km/h, tropical rainfall and heavy snowstorms are all part of the standard repertoire available here to the test [...]
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