Aston Martin and Daimler are holding talks to extend their cooperation to building an SUV as the UK carmaker seeks to broaden its lineup, people familiar with the matter said.
Monthly Archives: April 2014
As Erich Klemm retires, Daimler eyes smoother cost cuts
The retirement from Daimler’s supervisory board of combative trade union veteran Erich Klemm may smooth management-labor relations as the German carmaker tries to cut costs and close a wide profitability gap with its rivals.
Daimler will double Mercedes production in China
Daimler and joint-venture partner Beijing Automotive Group will spend 1 billion euros ($1.37 billion) to more than double Mercedes-Benz production capacity at their Beijing plant to keep pace with rising demand.
Chrysler will remain a U.S. legal entity
Chrysler Group LLC will remain a United States legal entity also after the completion of the Fiat Chrysler merger later this year, Fiat and Chrysler CEO Sergio Marchionne said.
Fiat Chrysler can make 6 mln cars a year, Marchionne says
Fiat and Chrysler CEO Sergio Marchionne said Monday that the automakers will have the capacity to produce 6 million cars a year once they combine their forces.
