Alliances

GABE NELSON

BLOG: Three factors in Daimler's $780M sale of Tesla stock

8:39 pm U.S. ET | Oct. 22, 2014

When Mercedes-Benz parent Daimler disclosed it had sold its 4 percent stake in Tesla Motors for a handsome $780 million, people naturally rushed for a simple explanation....
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Daimler earns $780 million windfall from sale of Tesla stake

Oct. 21, 2014 23:42 CET

Daimler said it would book a $780 million windfall from selling its 4 percent stake in electric car maker Tesla. The company said it will continue sourcing powertrain for the Mercedes B-Class Electric Drive from Tesla...
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Daimler sees $780 million windfall from sale of Tesla stake

5:18 pm U.S. ET | Oct. 21, 2014

Daimler AG said it will book a $780 million windfall from selling its 4 percent stake in rival electric car maker Tesla Motors....
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Daimler, Renault-Nissan extend manufacturing alliance

Oct. 3, 2014 12:11 CET

Daimler and Renault-Nissan are extending their alliance to include engines and transmissions. Renault will supply Daimler with a 1.6-liter diesel for the Mercedes C class. Mercedes will supply its 2.0-liter gasoline engine to Infiniti....
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PSA in engine supply talks as BMW, Ford end partnerships

Oct. 2, 2014 20:22 CET

PSA is talking to potential new clients for its engine as it foresees a surplus in supply after BMW and Ford stop using units jointly developed with the French carmaker....
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Fiat will source a midsize truck from Mitsubishi

Sept. 19, 2014 08:44 CET

Fiat Chrysler will source a pickup for Europe and Latin America from Mitsubishi starting in 2016. The automakers today signed an interim agreement to develop and manufacture a midsize truck based on the next Mitsubishi L200....
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Mahindra in alliance talks with PSA, Saab maker, report says

Sept. 8, 2014 10:52 CET

Indian automaker Mahindra & Mahindra is exploring alliance opportunities with PSA/Peugeot-Citroen and the maker of Saab cars, NEVS, according to a newspaper report....
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PSA denies partnership talks with India's Mahindra

Aug. 6, 2014 14:18 CET

PSA/Peugeot-Citroen denied an Indian newspaper report of partnership talks with India's Mahindra & Mahindra to share technology and production facilities....
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Daimler will raise its Aston Martin stake to 5% as it deepens ties with UK sports-car maker

Aug. 4, 2014 15:39 CET

Daimler will raise its stake in Aston Martin to 5% and supply the U.K. sports-car producer with electric and electronic parts to deepen an alliance that started last year....
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