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Geely Daimler Latest News

  • Volocopter, which says it is building the world's first manned, electric and vertical takeoff air taxis, said in a statement on Monday that the other investors in the new funding round include German luxury car maker Daimler, which it had previously raised money from.
    Geely To Bring Air Taxis To China In Tie-up With DaimlerBacked Volocopter
  • The 9.7 percent holding makes Li, Daimler's biggest shareholder and gives him a leg up to the negotiating table after the Mercedes-Benz owner knocked back a request from Geely late last year to issue new shares so it could buy a stake.
    Geely Covets Daimler Tech With $9 Billion Stake, Shares Surge

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  • Aston Martin on Tuesday announced plans for a luxury crossover SUV that may draw more heavily on its partnership with Daimler, as the British sports car maker confirmed moves to raise more capital and expand into new vehicle categories.
    Aston Martin Crossover May Deepen Daimler Partnership
  • Daimler India Commercial Vehicles Pvt. Ltd. crossed the milestone of the 20,000th locally produced trucks from its plant at Oragadam. This feat was achieved only two and a half years after start of production.
    Daimler India Commercial Vehicles rolls out 20000th truck
  • Daimler, Mercedes-Benz's parent company, is aiming to introduce a self-driving truck in the market by 2025. The company unveiled recently the Mercedes-Benz Future Truck 2025, which kick starts a new age in the world of transportation.
    Daimler to Introduce Autonomous Trucks by 2025
  • Daimler and Renault-Nissan have announced plans to establish a joint venture to build a new plant in Aguascalientes, Mexico. The plant will employ approximately 5,700 people and begin building Infiniti vehicles in 2017.
    Renault-Nissan Alliance and Daimler to Setup New Plant in Mexico
  • Daimler India Commercial Vehicles Pvt. LTD (DICV) with Mitsubishi Fuso Truck and Bus Corporation, Japan (MFTBC), launched Daimler's made-in-India truck in Zimbabwe.
    Daimler Launches Made-in-India FUSO Trucks in Zimbabwe