Wednesday 17 December 2014
 
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Daimler

Daimler buys stake in Italian motorcycle maker

Daimler AG has annoucned plans to buy 25 per cent of Italian motorcycle maker MV Agusta - the latest sign that motorbike and car technologies are converging, driven by a push to lower emissions and improve safety. Buying into Agusta giv

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Daimler, Nissan to pump $1.6bn into small cars JV

Daimler AG and Nissan Motor are jointly investing $1.36 billion to develop premium small cars and build a factory in Mexico, the companies said, in a step that deepens co-operation between the Mercedes-Benz and Infiniti brands. Th

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Rolls-Royce to buy key Daimler stake

British engineering company Rolls-Royce said it would fund the purchase of German carmaker Daimler's 50 per cent stake of a jointly owned power systems company using cash and some borrowing. Rolls-Royce said it had ample liqui

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Daimler sees more profit this year

Daimler forecast a significant increase in profit this year as strong sales of its new luxury Mercedes-Benz models, such as the S-Class limousine, help it shake off past earnings disappointments. Having dropped to third place in l

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Aabar voting rights in Daimler hits 6.77pc

Daimler on Monday said a Luxemburg-based company named Aabar Holdings S.a.r.l., had raised its voting rights in Daimler to 6.77 percent. Aabar Holdings, a subsidiary of Abu Dhabi-based Aabar Investments, had exceeded the ownership

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Daimler gets Aston Martin stake in engine supply deal

Germany's Daimler said it will receive up to a 5 per cent stake in luxury sports carmaker Aston Martin in exchange for supplying engines and electronic components to the 100-year-old British firm. Aston Martin will team up wit

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New sales director for Daimler Middle East

Dirk Fetzer will take the wheel as director sales and marketing at Daimler Middle East & Levant effective November 1. He succeeds Frank Bernthaler who has moved to the Austrian market. Fetzer will hit the road in his new ro

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Daimler to launch self-driving car by 2020

Germany's Daimler AG plans to start selling a self-driving car by 2020 as part of its campaign to regain the top spot among premium carmakers, its development chief said. Carmakers and suppliers across the world are working on

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GM, Daimler amp up US electric car price war

General Motors and Daimler AG on Tuesday amped up the electric-car price war, announcing significant price cuts aimed at boosting demand in a still-sluggish segment of the US auto market. GM slashed $5,000 from the price of its 20

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Daimler plans to build new Brazil plant

German carmaker Daimler plans to build a new plant in Brazil as rising taxes on foreign vehicles make it more difficult to sell imported cars in the Latin American country, a report said. Daimler's luxury brand Mercedes-Benz i

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