GST, HVGT, could resurface as part of Budget 2025 alongside RON95 rationalisation, says RHB analyst. Are we ready?
Home News Auto News Mercedes-Benz and Daimler To Split? Mercedes-Benz and Daimler To Split? Auto News Adam Aubrey | February 05, 2021 04:44 pm The talks for Daimler to be split into two separate companies has begun. It looks like there is a big shakeup going on at Mercedes-Benz's parent company, Daimler as they have decided to split their business into two separate companies, one for passenger vehicles and the other for Daimler trucks and busses. Although Daimler is still in talks with its board members about this separation, it does seem likely that in the future, Daimler trucks and busses will be under the Daimler Truck moniker while the passenger vehicles will be under Mercedes-Benz. According to reports, Daimler is moving towards this direction to differentiate itself better in the future. Mercedes-Benz would handle electric cars and associated technologies as well as vehicle software while Daimler Truck, would pursue zero-emissions solutions for heavy-duty trucks and busses. Ola Källenius, Chairman of the Board for Management of Daimler and Mercedes-Benz, said, "This is a historic moment for Daimler. It represents the start of a profound reshaping of the company. Mercedes-Benz Cars & Vans and Daimler Trucks & Buses are different businesses with specific customer groups, technology paths, and capital needs. Mercedes-Benz is the world's most valuable luxury car brand, offering the most desirable cars to discerning customers. Daimler Truck supplies industry-leading transportation solutions and services to customers. Both companies operate in industries that are facing major technological and structural changes. Given this context, we believe they will be able to operate most effectively as independent entities, equipped with strong net liquidity and free from the constraints of a conglomerate structure." From what we can understand the split will allow both companies to operate faster and more efficiently, as well as allow the companies to make better decisions regarding individual growth, future technologies, and most importantly, be more competitive. The idea of the split will be presented further during an upcoming shareholder meeting to obtain their thoughts as well as the mandatory approvals. ✕ Let's Connect on Whatsapp We protect your personal information in compliance with the PDPA I agree with Carlist.my Terms of Use and Privacy Policy. I agree to receive personalised communication from Carlist.my and its car sellers, business affiliates and partners. Check out the best car deals in town! Prev Next Special offer - call now! days hours Avg. mkt. Why no price is listed? Sometime dealer wants you to contact for the best price. I Why no price is listed? Sometime dealer wants you to contact for the best price. Related Tags Daimler AG Mercedes-Benz Print Adam Aubrey Content Producer Wants to live the simple life, especially when it comes to cars and bikes. That's what tech is for he reckons, to make motoring simpler Related News Aston Martin Could Make Surprise Return To F1 With Red Bull Racing Auto News Jim Kem | July 06, 2015 You don’t really think of Aston Martin when Formula One comes to mind. It only competed in the 1959 and 1960 seasons. But with their new ties to ... 2023 smart #1 Revealed - Geely EV Hatch, Sold By Proton Edar Auto News Jim Kem | April 12, 2022 Meet the smart #1, a fresh joint venture between parent company Daimler AG and Geely, to be sold by Proton Edar in Malaysia. The smart #1, in ... Mercedes-Benz Experimenting With X-ray Technology In Crash Tests Auto News Arvind | April 28, 2017 The Vehicle Safety unit at Daimler AG, together with the Fraunhofer Institute for High-Speed Dynamics and Ernst-Mach-Institut (EMI) are testing the ... Man Throws Brick At Mercedes-Benz, Receives Instant Karma To The Face Auto News Gerard | March 04, 2015 Talk about instant karma. In this YouTube video, we see a man attempting to break the windows of a parked Mercedes-Benz by throwing stones at it. ... Comments
Mercedes-Benz and Daimler To Split? Auto News Adam Aubrey | February 05, 2021 04:44 pm The talks for Daimler to be split into two separate companies has begun. It looks like there is a big shakeup going on at Mercedes-Benz's parent company, Daimler as they have decided to split their business into two separate companies, one for passenger vehicles and the other for Daimler trucks and busses. Although Daimler is still in talks with its board members about this separation, it does seem likely that in the future, Daimler trucks and busses will be under the Daimler Truck moniker while the passenger vehicles will be under Mercedes-Benz. According to reports, Daimler is moving towards this direction to differentiate itself better in the future. Mercedes-Benz would handle electric cars and associated technologies as well as vehicle software while Daimler Truck, would pursue zero-emissions solutions for heavy-duty trucks and busses. Ola Källenius, Chairman of the Board for Management of Daimler and Mercedes-Benz, said, "This is a historic moment for Daimler. It represents the start of a profound reshaping of the company. Mercedes-Benz Cars & Vans and Daimler Trucks & Buses are different businesses with specific customer groups, technology paths, and capital needs. Mercedes-Benz is the world's most valuable luxury car brand, offering the most desirable cars to discerning customers. Daimler Truck supplies industry-leading transportation solutions and services to customers. Both companies operate in industries that are facing major technological and structural changes. Given this context, we believe they will be able to operate most effectively as independent entities, equipped with strong net liquidity and free from the constraints of a conglomerate structure." From what we can understand the split will allow both companies to operate faster and more efficiently, as well as allow the companies to make better decisions regarding individual growth, future technologies, and most importantly, be more competitive. The idea of the split will be presented further during an upcoming shareholder meeting to obtain their thoughts as well as the mandatory approvals. ✕ Let's Connect on Whatsapp We protect your personal information in compliance with the PDPA I agree with Carlist.my Terms of Use and Privacy Policy. I agree to receive personalised communication from Carlist.my and its car sellers, business affiliates and partners. Check out the best car deals in town! Prev Next Special offer - call now! days hours Avg. mkt. Why no price is listed? Sometime dealer wants you to contact for the best price. I Why no price is listed? Sometime dealer wants you to contact for the best price. Related Tags Daimler AG Mercedes-Benz
Special offer - call now! days hours Avg. mkt. Why no price is listed? Sometime dealer wants you to contact for the best price. I Why no price is listed? Sometime dealer wants you to contact for the best price.
Aston Martin Could Make Surprise Return To F1 With Red Bull Racing Auto News Jim Kem | July 06, 2015 You don’t really think of Aston Martin when Formula One comes to mind. It only competed in the 1959 and 1960 seasons. But with their new ties to ...
2023 smart #1 Revealed - Geely EV Hatch, Sold By Proton Edar Auto News Jim Kem | April 12, 2022 Meet the smart #1, a fresh joint venture between parent company Daimler AG and Geely, to be sold by Proton Edar in Malaysia. The smart #1, in ...
Mercedes-Benz Experimenting With X-ray Technology In Crash Tests Auto News Arvind | April 28, 2017 The Vehicle Safety unit at Daimler AG, together with the Fraunhofer Institute for High-Speed Dynamics and Ernst-Mach-Institut (EMI) are testing the ...
Man Throws Brick At Mercedes-Benz, Receives Instant Karma To The Face Auto News Gerard | March 04, 2015 Talk about instant karma. In this YouTube video, we see a man attempting to break the windows of a parked Mercedes-Benz by throwing stones at it. ...