Daimler CEO Dieter Zetsche believes the all-new Smart ForFour minicar will be commercially successful and should help the money-losing brand make its first profit.
Tag Archives: Dieter Zetsche
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 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
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.
Daimler reaches deal on 9 billion euro credit line with bank consortium
Daimler reaches an agreement with a consortium of banks for a 9 billion euro ($12 billion) credit line for the next five years.
