Daimler's trucks, luxury cars to go their separate ways

Daimler's trucks, luxury cars to go their separate ways

3 years ago
Anonymous $WHrWmjSJBZ

https://apnews.com/9c0945d2d866c784d88811eca7f83465

FRANKFURT, Germany (AP) — Shareholders in Daimler AG, maker of Mercedes-Benz luxury cars, on Friday approved the spinoff of the truck division as a separate company.

The move is intended to give the division, including U.S.-based Freightliner, the freedom to react quickly to changing markets and focus on the new technologies that are transforming the automotive industry.

Daimler's trucks, luxury cars to go their separate ways

Oct 1, 2021, 3:20pm UTC
https://apnews.com/9c0945d2d866c784d88811eca7f83465 > FRANKFURT, Germany (AP) — Shareholders in Daimler AG, maker of Mercedes-Benz luxury cars, on Friday approved the spinoff of the truck division as a separate company. > The move is intended to give the division, including U.S.-based Freightliner, the freedom to react quickly to changing markets and focus on the new technologies that are transforming the automotive industry.