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