Tag Archive | "Company"
Daimler to start new share buyback program
For the further optimization of Daimler’s capital structure, Daimler’s Board of Management has decided to carry out a new share buyback program. The Supervisory Board of Daimler AG has also approved this decision. In decision was made during their Annual Meeting of April 9, 2008, which allows for the buyback of 10% or approximately 96.4 million [...]
Continue reading...Mercedes USA posts Record Sales in May
Tuesday, June 3, 2008
Mercedes-Benz USA today reported its highest May on record with sales of 21,785 new vehicles, a 0.1 % increase over last May. Sales for the month brought MBUSA’s year-to-date volume to 99,703 new vehicles, a 1.1 % increase compared to the first five months of 2007. Passenger car sales of 16,416 vehicles showed an increase [...]
Continue reading...Mercedes-Benz opens new advanced design studio in California
Friday, May 30, 2008
Mercedes-Benz is moving its Southern Californian advanced design studio from Irvine to a newly-acquired, spacious facility near Carlsbad, in order to strengthen its creative base in the U.S. At the new Carlsbad facility, the styling masterminds pondering the car of the future have almost three times more space in which to realize their creative ideas. [...]
Continue reading...Mercedes’ plans on Romanian plant
Tuesday, May 20, 2008
Mercedes-Benz currently has 17 production plants across the world and 18th one isn’t too far away. Eastern Europe looks is the next target for Mercedes-Benz as it is finalizes plans of setting up a plant in that region. Reports from Automotive News suggest that the western Romanian county of Timis is the shortlisted area where [...]
Continue reading...smart Delivers 100,000th Unit All-new fortwo
Tuesday, April 1, 2008
The smart fortwo continues its string of successes. Since the end of March 2007, the new model of the innovative two-seater has been purchased by a total of 100,000 customers, representing a sales increase of more than 80 percent. Yesterday afternoon, Ulrich Kowalewski, director of the Mercedes-Benz Center Munich handed over the 100,000th second-generation smart [...]
Continue reading...Daimler Financial Services launches bank in Russia
Thursday, November 1, 2007
With the establishment of its own bank, Daimler Financial Services, the financial services provider of Daimler AG, will be moving into the fast-growing vehicle and consumer credit markets in Russia. DaimlerChrysler Bank Rus, which will be renamed Mercedes-Benz Bank Rus upon approval by Russia’s central bank, will offer car loans for private and commercial customers [...]
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Tuesday, June 17, 2008
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