Tag Archives: Daimler

Daimler adds third shift in Hungary to meet compact-car demand

Mercedes-Benz is adding a third shift at a plant in Hungary to keep up with demand for its compact cars.

The extra shift at the factory in Kecskemet will start in May, parent company Daimler said on Tuesday in a statement. The plant, which makes the B class and CLA models, will continue to produce on selected Saturdays in 2014 after adding work on the weekend last year.

Aston Martin and Daimler sign technical partnership agreements

Aston Martin and Daimler sign technical partnership agreements

Daimler and Aston Martin have signed an agreement for a significant technical partnership between Daimler and Aston Martin.

Zetsche says Daimler would ‘welcome’ Chinese investor

Zetsche says Daimler would 'welcome' Chinese investor

Zetsche said Daimler benefits if China is “interested in our fate.” Daimler would welcome a Chinese investor after taking a stake in Beijing Automotive Group, though it has had no sign that this will happen, CEO Dieter Zetsche said.

Daimler takes 12% stake in Beijing Auto

Daimler takes 12% stake in Beijing Auto

Daimler today completed its purchase of a 12 percent stake in BAIC Motor. The German company paid 625 million euros ($845 million) for a share in the passenger-car unit of its Chinese joint-venture partner, Beijing Automotive Group Co.

Berlin prosecutors target Daimler in Merkel aide probe

Berlin prosecutors target Daimler in Merkel aide probe

Daimler says CEO Dieter Zetsche and its executives acted correctly in the appointment of a new lobbyist. Daimler executives are under investigation for suspicion of “granting undue advantage” to German Chancellor Angela Merkel’s former aide, Eckart von Klaeden, who has joined the carmaker as a lobbyist.