Topic

#mercedez benz

Every story tagged #mercedez benz on RetailNews Asia: reporting, analysis and market signals from across Asian retail and e-commerce.

2 stories in this topic

Automotive

Feb 28, 20184 min read

Geely makes US$9b Daimler bet against tech ‘invaders’

Chinese carmaker Geely has built up an almost 10% stake in Daimler in a US$9 billion (RM35 billion) bet by its chairman that he can access the Mercedes-Benz owner’s technology in the growing battle for the future of automotives. The purchase by Li Shufu,…

Automotive

Feb 20, 20182 min read

Mercedez’s owner warns of supply chain risk from switch to electric cars

Daimler AG, owner of the Mercedes-Benz brand, warned that a fall in demand for diesel cars and a switch to electric vehicles could force it to prop up its supplier base. Carmakers face increased legal and regulatory scrutiny over pollution levels produced by…