By Edward Taylor
Daimler AG will buy 25 percent 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.
Tag Archives: Daimler
Daimler doesn’t share investors’ love affair with Tesla
If you ask Daimler, “Are Tesla shares overvalued?” The answer you given is investors have gotten ahead of themselves with their exuberant love for Elon Musk’s California-based manufacturer of sporty electric cars. On Tuesday,
Daimler to shift some Sprinter production to North America from Germany
Daimler said it will build the next-generation Mercedes Sprinter van in North America, shifting some production from Germany to improve competitiveness.
Daimler considers stake in motorcycle maker MV Agusta, report says
Daimler is in advanced talks to take a minority stake in Italian motorcycle manufacturer MV Agusta, a source in Italy familiar with the situation said today.
Daimler third-quarter earnings surprises investors
Daimler today reported a 29 percent jump in quarterly core earnings at Mercedes-Benz Cars, surprising investors wary of an economic slowdown.
Earnings before interest and tax (EBIT) from ongoing business at Mercedes-Benz Cars, which includes the Smart brand, rose to €1.61 billion ($2.04 billion) in the third quarter from €1.25 billion in the year-earlier period, Daimler said in an ad-hoc statement.
