Exclusive: Daimler to make Mercedes Benz-branded heavy trucks in China - sources

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China's BAIC Group is seeking to buy a stake of up to 5 percent in Daimler as a way to secure its investment in Chinese Mercedes-Benz manufacturing company Beijing Benz Automotive, three sources familiar with the matter told Reuters......»»

Zhejiang Geely Holding Group Co Ltd and Mercedes-Benz on Wednesday said they would each invest 2.7 billion yuan ($388.77 million) in a China-based venture to build "premium and intelligent electrified" vehicles under the smart brand......»»

China's BAIC Group is seeking to buy a stake of up to 5 percent in Daimler as a way to secure its investment in Chinese Mercedes-Benz manufacturing company Beijing Benz Automotive, three sources familiar with the matter told Reuters......»»

Daimler said its first-quarter operating profit fell 16 percent, weighed down by a 4 percent drop in sales of Mercedes-Benz cars, higher raw material costs and investments into its Trucks division......»»

Daimler AG froze a plan to make Mercedes Benz trucks in Iran (Bloomberg) — U.S. President Donald Trump’s desire to isolate the Iranian economy .....»»

Daimler said it expected the operating profit of its Mercedes-Benz Cars & Vans division to be above the prior-year level, even as the corona pandemic forced the Stuttgart-based car and trucks maker to abandon its outlook earlier this month......»»

Mercedes-Benz maker Daimler has seen business stabilise in China after the country ended coronavirus lockdowns, a senior manager at the German carmaker told a newspaper on Sunday......»»

Daimler's car production in China is stable and the supply chains are secure but it is too early to forecast the impact of the coronavirus outbreak on the German carmaker's sales, Mercedes-Benz's sales chief said on Monday......»»

German cars and trucks maker Daimler said it would revamp the management of its finance, production and development portfolios to remove duplicate layers between Mercedes-Benz and Daimler AG......»»

Mercedes-Benz has re-started production of luxury passenger cars in Beijing this week, Ola Kaellenius, Chief Executive of parent company Daimler , said on Tuesday......»»

Daimler AG’s (OTC:.....»»

Daimler is seeking to buy a majority stake in its Chinese operations, three people familiar with the matter told Reuters, after initial efforts to raise its stake failed and as Chinese investors tighten their grip on the German carmaker......»»

Daimler's main China joint venture partner BAIC Group has set in motion a plan to double its stake to around 10% and win a board seat in the German luxury car maker, as it aims to upstage rival Geely, two sources told Reuters......»»

Daimler on Thursday announced cost cuts as it reduced its revenue outlook for Mercedes-Benz trucks unit and reported a slight rise in third-quarter operating profit......»»

Daimler on Thursday announced cost cuts as it reduced its revenue outlook for Mercedes-Benz trucks unit and reported an 8% drop in third-quarter operating profit......»»

Daimler's first-quarter operating profit fell 16 percent on Friday as a 718 million euro ($800 million) one-off gain failed to offset raw material costs, technology investments and production delays at three Mercedes-Benz factories......»»

Daimler's first-quarter operating profit fell 16 percent on Friday as a 718 million euro ($800 million) one-off gain failed to offset costs from a production delay for its Mercedes-Benz GLE and higher raw material costs......»»

Daimler's first-quarter operating profit fell 16 percent despite a 718 million euros one-off gain, it said on Friday, as a 4 percent drop in sales of Mercedes-Benz cars, higher raw material costs and investments weighed on earnings......»»

Daimler is seeking 6 billion euros ($6.75 billion) in cost savings and efficiency gains by 2021 at Mercedes-Benz passenger cars and a further 2 billion euros at Daimler Trucks division, Manager Magazin said on Thursday......»»