List of articles tagged: Daimler

Daimler AG and Robert Bosch GmbH plan to expand their long-standing partnership and cooperate in the development and production of electric motors for all-electric vehicles in Europe. The companies have signed a letter of intent and begun negotiations to establish a 50:50 joint venture, which is likely to be concluded in the first half of 2011.

Parveen Travels (P) Ltd. became the first owners of the Mercedes-Benz multi-axle buses in India. Mr.Md.A.Afzal, Managing Director, Parveen Travels was handed over the keys to the first multi-axle buses by Dr. Wilfried Aulbur, Managing Director and CEO of Mercedes-Benz India.

Daimler India Commercial Vehicle Pvt Ltd, the 100 percent Indian subsidiary of German automobile giant Daimler AG, said that it is setting up a plant in Oragadam, TamilNadu (near Chennai) to roll out 36,000 trucks by 2012.

Tata Sons and Citigroup's Mauritius investment arm, emerged as the top buyers in the 5.34% stake sold by Daimler in Tata Motors.

Mercedes-Benz India has launched the E350 CDI BlueEFFICIENCY, the diesel variant of the new E-Class, at a price of Rs 48.08 lakh, ex-showroom, Delhi. The E350 CDI sports a 2987cc six-cylinder twin-turbocharged engine that produces 228bhp and 540Nm of torque, and will be available initially in Avantgarde trim.

Mercedes-Benz India announced the national launch of its new, third-generation Mercedes-Benz Actros 4841K.  The New Actros 4841K takes these aspects to an even higher level thus setting new standards in the heavy duty truck segment in India.

Daimler has bought about a stake of 10 percent in Tesla which an electric firm in the US. Daimler’s new upcoming electric Smart will use the Tesla batteries and charging systems.