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Geely rules out buying more Daimler shares 'for the time being'

Geely rules out buying more Daimler shares 'for the time being'

autherAutocar Professional Bureau     calendar26 Feb 2018

Chinese car giant previously offered to acquire shares at a reduced rate and was rejected by Daimler.

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Daimler to expand local Mercedes-Benz production with BAIC in China
Daimler to expand local Mercedes-Benz production with BAIC in China

autherAutocar Professional Bureau calendar26 Feb 2018

German carmaker to invest over 1.5 billion euros to prepare BBAC to capitalise on further growth opportunities in the ...

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Mercedes-Benz India launches first BS VI-compliant, locally produced S-Class at Rs 1.33 crore
Mercedes-Benz India launches first BS VI-compliant, locally produced S-Class at Rs 1.33 crore

autherAutocar Professional Bureau calendar26 Feb 2018

The new S-Class, which features a raft of changes, both externally and internally, meets BS VI emission norms two year...

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Nissan reveals new Terra SUV, first launch in China, followed by select Asian markets
Nissan reveals new Terra SUV, first launch in China, followed by select Asian markets

autherAutocar Professional Bureau calendar26 Feb 2018

The Terra frame-based SUV will be the first vehicle from Nissan's frame and LCV division to launch under the company's...

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Bonanza for scooter industry: women in Tamil Nadu to get 50% state subsidy on scooters
Bonanza for scooter industry: women in Tamil Nadu to get 50% state subsidy on scooters

autherAutocar Professional Bureau calendar25 Feb 2018

Under the Amma Two-Wheeler Scheme, women in the state of Tamil Nadu get a 50 percent subsidy to buy a scooter.

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Jaguar Land Rover expands India dealer network, opens new 3S facility in Surat
Jaguar Land Rover expands India dealer network, opens new 3S facility in Surat

autherAutocar Professional Bureau calendar24 Feb 2018

Navjivan Luxury Cars’ state-of-the-art 3S facility, with 8-car display and 12 service bays, is JLR India’s 27th dealer...

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Li Shufu-owned Geely Group becomes largest shareholder in Daimler AG
Li Shufu-owned Geely Group becomes largest shareholder in Daimler AG

autherAutocar Professional Bureau calendar24 Feb 2018

Neither the Geely Group nor any other company in the Zheijang Geely Holding Group intend to acquire additional shares....

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Ficosa bags five contracts for battery management systems for Chinese market
Ficosa bags five contracts for battery management systems for Chinese market

autherAutocar Professional Bureau calendar24 Feb 2018

These orders, from two Tier-1 automobile manufacturers, are valued at over 200 million euros (Rs 1,530 crore) and will...

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Hero Motocorp inaugurates new outlet in Gurgaon
Hero Motocorp inaugurates new outlet in Gurgaon

autherAutocar Professional Bureau calendar23 Feb 2018

Hero Motocorp is steadily expanding its footprint across the country. The company already has over 6,500 dealerships a...

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Continental sees big potential in vehicle cybersecurity
Continental sees big potential in vehicle cybersecurity

autherAutocar Professional Bureau calendar23 Feb 2018

Continental along with its own expertise is also looking at acquisitions for improving cybersecurity services for work...

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POLL OF THE MONTH

Can GST Cuts Give Long-term Boost to Auto Sales?

Can GST Cuts Give Long-term Boost to Auto Sales?

Yes

 

64.19%

No

 

35.81%

Total Votes : 754