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  After BAIC reported to increase its stake in Daimler, Daimler wants to increase its stake in Beijing Mercedes-Benz?

  Daimler is seeking to acquire a stake in Beijing Mercedes-Benz, including a plan to increase its 49 per cent stake in Beijing Mercedes-Benz to 75 per cent, Reuters reported, citing people familiar with the matter. Daimler's plan has met some opposition within BAIC because it wants to maintain control of its lucrative business, according to people familiar with the matter. Beijing Mercedes-Benz Motor Co., Ltd. benefited from strong sales of Mercedes-Benz cars and helped BAIC fund the expansion of other businesses. Some media verified the news to the Public Relations Department of BAIC Group. BAIC Public Relations Department said that there was "no official news" and Daimler Group did not make a statement.

  Beijing Mercedes Benz 2019-12-17
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  History changed its name for the third time! Daimler will change its name to Mercedes-Benz

  There may be no such name as "Daimler" after February this year. According to media reports, Daimler will officially change its name to "Mercedes-Benz Group" from February 1 this year. The change is due to the company's desire to unleash shareholder value and focus more on the electrification transformation of the automotive industry, and this will be the third time in its history that the company has changed its name. Ola Kallenius, Daimler's chief executive, is seeking a higher valuation for the luxury carmaker to cope with the electrification of the car industry, Reuters reported. European Automotive analyst at Royal Bank of Canada Capital Markets.

  Daimler 2022-01-29
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  The trouble of luxury brand champion, Daimler Mercedes-Benz halved its profit in 2019

  Daimler issued its third profit warning in 2019, and earnings before interest and tax in 2019 are expected to fall by 50 per cent to 5.6 billion euros (42.9 billion yuan) from 11.1 billion euros a year earlier.

  Daimler's profit halved 2020-01-24
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  Daimler was fined 1 billion euros for "diesel door" fraud, and 280000 Mercedes-Benz were forcibly recalled.

  Prosecutors in Stuttgart, Germany, fined Daimler between 800m and 1 billion euros for violating diesel vehicle emissions regulations, according to foreign media reports. It is understood that the German Automobile Administration found that Mercedes-Benz C-Class and E-Class cars were equipped with deceptive emission testing software, which involved passing the exhaust test by software fraud, so Germany ordered the company to recall a total of 280000 Mercedes-Benz cars. In response to this report, a spokesman for the German prosecutor's office in Stuttgart said that the investigation would not be lifted before the end of the year. Daimler also declined to comment in the face of the diesel gate incident. ...

  Daimler 2019-08-10
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  Daimler was fined $957 million for 684000 vehicles violating regulatory requirements for emissions fraud

  German prosecutors said on Tuesday that Daimler, the parent company of Mercedes-Benz, would be fined 870 million euros ($957 million) for violating regulatory requirements by selling about 684000 vehicles that did not comply with nitrogen oxide emissions. Prosecutors in Stuttgart, Germany, said the fine on Daimler had no impact on ongoing lawsuits involving individuals manipulating engine software used by some of Daimler's diesel cars. At the same time, Daimler said in a statement that the company will keep its profit forecast unchanged and will not take other legal action, a penalty that resolved Daimler Group in Germany.

  Daimler fined for emissions fraud 2019-09-25
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  The output of Mercedes-Benz EQC will be halved in 2020 due to insufficient battery supply. Daimler denies

  According to foreign media reports, due to the shortage of battery supplier LG Chemical, Mercedes-Benz EQC production halved from 60, 000 to 30, 000 in 2020. Daimler officially denied the media reports and said it would produce 50, 000 Mercedes-Benz EQC models by 2020. At present, Daimler has two factories around the world to produce Mercedes-Benz EQC, of which the overseas version of Mercedes-Benz EQC is produced by Bremen, Germany, and the domestic version is produced by Beijing Mercedes-Benz Shunyi factory. It is understood that Daimler originally planned to sell 25000 vehicles in 2019, due to the supply of LG chemical batteries.

  Mercedes-Benz EQC 2020-01-26
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  BAIC responded to the rumor of "increasing its stake in Daimler to 9.9%", saying it did not know about it.

  A few days ago, several media reported that BAIC plans to increase its 4.99% stake in Daimler Group by buying shares in the secondary market, when its total shareholding will reach 9.99%, surpassing Geely to become Daimler's largest shareholder. In response to this report, the person in charge of BAIC said in response to the Daily Economic News that "I don't know."

  Daimler 2020-09-10
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  BAIC and Daimler responded to the termination of the joint venture five years after the establishment of BAIC.

  Official: the change in BAIC Deben's shareholding structure will not affect the long-term partnership between BAIC and Daimler, nor will it affect the technical cooperation between BAIC and Beijing Automotive and Daimler.

  BAIC Deben Beijing Mercedes-Benz BAIC 2020-10-17
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  When the layoff plan is in progress! Daimler may lay off nearly 100 employees in China

  On February 25, media reported that Daimler may cut 4% of its workforce in China in the first and second half of this year, including nearly 100 foreign experts from Beijing Mercedes-Benz. The main reason for layoffs in China is that the cost of foreign workers is nearly 7-8 times higher than that of Chinese employees. It is understood that Mercedes-Benz spends more than 300000 euros (2.2878 million yuan) a year for a German employee in the Chinese market-including wages and a wide variety of subsidies, with an average annual cost of 300000 yuan for a Chinese employee. Public data show that at present, there are about 100 foreign employees of Beijing Mercedes-Benz.

  Daimler Mercedes 2020-02-25
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  Daimler: Mercedes-Benz will focus on female consumers. Chinese consumers are greatly influenced by women's opinions.

  In the Chinese market, the three German brands Mercedes-Benz, BMW and Audi are defined as first-tier luxury brands, among which the Mercedes-Benz brand is a symbol of luxury cars for many people, owning a Mercedes-Benz car and even being regarded as standard for successful men. But now Mercedes-Benz is paying more attention to female consumers. Tang Shikai, chairman of Daimler Greater China, said in a speech at the recent China Entrepreneur Forum: "We will focus not only on male consumers, but also on female consumers." Daimler found that in China, 80-90% of car purchases are influenced by women's opinions, and 50% of Chinese households receive.

  Daimler Mercedes 2019-02-17
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  Mercedes-Benz profit decline sounded the alarm, Daimler plans to stop production of Mercedes-Benz X-class pickup truck

  P.p1 p.p2 p.p3 p.p4 p.p5 p.p6 span.s1 span.s2 span.s3 span.s4 span.s5 Durham's profits fell 16 per cent month-on-month this year as rising material costs and additional investment in the truck division led to lower profit margins. The performance fell short of expectations, and Daimler's subsidiary Mercedes-Benz sounded the alarm in the face of declining profits, and Daimler is looking for ways to reduce costs and optimize its business profits. Mercedes-Benz is considering plans to stop production of X-class pick-up trucks. Run.

  Daimler Mercedes-Benz pickup 2019-07-17
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  Heavy! BAIC becomes the largest shareholder of Daimler

  On December 13, BAIC announced that in order to strengthen long-term strategic cooperation between the two sides, it had held a 9.98% stake in Daimler AG through continued investment in 2019. This shows that the two sides fully recognize the success of long-term cooperation in the past and attach importance to future development. At the same time, Daimler Group holds 9.55% of Beijing Automobile and 2.46% of BAIC Blue Valley, and cross-shareholdings will contribute to the high-quality development and long-term success of both sides in the Chinese market. BAIC has no plans to further increase its stake in Daimler under an agreement between the two sides. Beijing Automobile has a long history with Daimler since 20.

  Beijing Mercedes Benz 2021-12-13
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  Mercedes-Benz global president Zetsche retires with a pension of up to 4250 euros a day

  Dieter Zetsche, chairman of Daimler and global president of Mercedes-Benz, the world's largest luxury car group, announced his formal resignation in Germany, after which he will sit on the supervisory board and become chairman of the supervisory board in 2021. In addition, Zetsche will receive the highest pension ever paid to an employee at the chief executive level in Germany, with a daily pension of 4250 euros (32731.8 yuan) from 2020. The pension consists of an annual pension of 1.05 million euros and the principal of Daimler's current pension plan.

  Global Mercedes Benz president 2019-05-24
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  Here comes the German emission door again! Daimler Group has been ordered to recall 60,000 Mercedes-Benz diesel vehicles

  P.p1 p.p2 p.p3 p.p4 span.s1 span.s2 span.s3 according to foreign media reports, the German Federal Ministry of Transport recently said that after it was found that Mercedes-Benz diesel cars were equipped with software designed to deceive the emission test, these vehicles were involved in passing the exhaust test by software fraud. The Federal Motor vehicle driving Administration of Germany, a subsidiary of the Transport Bureau, has ordered Daimler to recall about 60,000 diesel Mercedes-Benz cars in Germany. The German Federal Transport Ministry found in an investigation that Daimler produced a diesel version of the Mercedes-Benz G between 2012 and 2015.

  Recall Daimler Mercedes-Benz emissions diesel emission doors 2019-06-24
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  It is exposed that BAIC's acquisition of Daimler shares will surpass Geely to become the largest shareholder.

  BAIC, a Daimler joint venture partner, has launched a plan to double its stake in Daimler to about 10 per cent, winning a seat on the board of directors of the German luxury carmaker to replace rival Geely as Daimler's largest single shareholder, Reuters reported, citing sources.

  Daimler Beijing Mercedes Benz 2019-12-16
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  BMW officially released a short film to pay tribute to retired Mercedes-Benz president Zetsche, which moved many people.

  Today, Mercedes-Benz President Zetsche officially retired, and BMW officially released a video to pay tribute to Zetsche, which moved many people. Ditte Dieter Zetsche, 66, who has been in charge of Daimler for 13 years, stepped down as chairman of Daimler's board and global president of Mercedes-Benz at its annual general meeting today. Separately, Daimler's supervisory board decided to appoint Ola Kllenius, 49-year-old research and development director and board member of the Daimler group, as the new president for a five-year term. To this end, as a long-term competitor BMW Group,.

  Release Mercedes-Benz BMW President official 2019-05-22
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  To cut costs, Daimler, parent company of Mercedes-Benz, will cut another 10,000 jobs.

  Daimler, the parent company of Mercedes-Benz, is embarking on a new round of cost-cutting plans due to a sharp drop in profits. Foreign media reported that Daimler plans to cut another 10,000 jobs by the end of 2025, after Daimler announced that it would cut at least 10,000 jobs worldwide by 2022. It is reported to be part of a new cost-cutting plan by Ola K llenius, CEO of Daimler. Daimler also plans to outsource IT services and cut jobs in research and development. Daimler's layoffs and cost-cutting programs were officially launched as early as last year. In November 2019, Daimler announced.

  Daimler Mercedes Benz 2020-06-22
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  Three profit warnings have been issued and Daimler has streamlined management to revive performance

  On February 20th, Daimler's website announced that it was streamlining the management of its finance, production and development departments to eliminate duplication of management positions between Mercedes-Benz and Daimler. The adjustments are as follows: Ola Kaellenius, Daimler's chief executive, will succeed Wilfried Porth in charge of Mercedes-Benz's light commercial vehicle business, while Boulter will continue as Daimler's director of human resources. Harald Wilhelm, chief financial officer, will take over from Merseyside on April 1.

  Daimler Mercedes-Benz 2020-02-21
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  Daimler lost money for the first time in a decade, seeking cooperation to alleviate the profit crisis

  Recently, Daimler Group released its second-quarter financial results, which showed that Daimler Group's revenue was 42.65 billion euros, up 5% from a year earlier, and a loss of 1.56 billion euros before interest and tax, compared with a profit of 2.6 billion euros in the same period last year. Daimler shares fell 2.85 per cent the following day, the first quarterly loss for Daimler Group since 2010. Daimler's second-quarter results came a day after Beijing Auto announced a stake in Daimler, with a 5% stake. Thirdly, the first and third largest shareholders of surrogate mothers come from Chinese companies, namely Geely Group, which holds 9.69% of the shares.

  Daimler losing money seeking 2019-07-31
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  Daimler issued a profit warning and expected a loss in the second quarter.

  According to foreign media reports, Daimler issued a profit warning and expects a loss in the second quarter, with a loss of 1.6 billion euros ($1.8 billion) before interest and tax. The company said that the increase in provision costs related to the Takata airbag recall is part of the reason, which will increase by about 1 billion euros. This is the third time that Daimler has cut its profit forecast since June. In June this year, the German Transport Ministry said Daimler was suspected of illegal emissions, installing illegal software in vehicles to manipulate emission tests. Germany has ordered Daimler to recall 60, 000 Mercedes-Benz diesel vehicles for the 2012-2015 Mercedes-Benz GLK22...

  Release Daimler 2019-07-15