Germany’s Daimler is examining the joint production of small luxury vehicles with Japan’s Nissan at a Nissan plant in Mexico, and expects a decision by the end of the year, a group board member told a German newspaper.
“This would be an option, if our compact cars business in North America performs well,” Andreas Renschler, who is also head of production for Mercedes, was quoted as saying in an interview with Frankfurter Allgemeine Zeitung published on Saturday.
Mercedes-Benz S-Class line-up is growing fast. Here we have a video teaser for the S-Class Coupe, which will be shown to the press live streaming 10 September @ 10:45 am CEST at the Frankfurt Motor Show.
According to Reuters, MG Rover’s accountancy company, Deloitte, has been fined £14m by the Financial Reporting Council (FRC) over not being able to succeed in manage conflicts of interest in its advice to MG Rover Group in the run-up to its falling into administration in 2005.
Deloitte and partner Maghsoud Einollahi had acted as corporate finance advisers to firms involved with MG Rover and the Phoenix Four, including giving tax advice while Deloitte audited MG Rover.
