Tag Archives: Daimler

Daimler applies to open a car plant in Russia

-st-petersburg-russia-Daimler applies to open a car plant in Russia

Daimler has applied to the Russian city of St. Petersburg to set up a factory there, Interfax news agency reported, citing local officials.

Daimler will expand Deutsche ACCUmotive battery output on EV demand

Daimler will expand Deutsche ACCUmotive battery output on EV demand

Daimler will spend about  €100 million ($125 million) in coming years to increase production of lithium ion batteries in eastern Germany.

Daimler to cease Li-ion battery cell production at Li-Tec

Daimler subsidiary Li-Tec will cease production of Li-ion battery cells in December 2015. As quoted in Der Spiegel Daimler-manager Harald Kröger said that “Our cells are very good, but at current production figures far too expensive. We have realized that a car manufacturer does not have to produce the cells themselves.

Daimler has no ambition to run Aston Martin, says CEO Dieter Zetsche

Daimler has no ambition to run Aston Martin, says CEO Dieter Zetsche

Daimler has no plans to increase its Aston Martin stake or become involved in operational matters at the UK sports car maker, Daimler CEO Dieter Zetsche said.

Daimler opens China r&d center to help Mercedes close sales gap with Audi, BMW

Daimler has opened a research and development center in Beijing tasked with further tuning its Mercedes-Benz brand to wealthy Chinese tastes and closing the sales gap with Audi and BMW brand.

Mercedes’s China sales rose 30.5 percent to 203,485 in the first nine months, trailing BMW, which sold 335,863, a rise of 18 percent. Sales of luxury market leader Audi rose 16 percent to 415,704 in the same period.