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Daimler AG

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Daimler AG

German automotive manufacturer. Its roots are in the auto companies founded by Gottlieb Daimler and Karl Benz, which merged in 1926. The Mercedes-Benz luxury car, first produced by Daimler in 1901, is the basis of the company's financial success. In 1998 Daimler-Benz merged with U.S. automaker Chrysler Corp. to form DaimlerChrysler AG; the new firm manufactured passenger cars, trucks, and commercial vehicles under brands such as Mercedes, Dodge, Chrysler, and Jeep. In 2007 DaimlerChrysler sold a controlling interest in its Chrysler subsidiary to a U.S. private equity firm.
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The purchase follows the UAEAEs Aabar Investment acquisition in March of a 10 percent stake of Daimler AG, famed for its Mercedes-Benz brand, indicating continuing Gulf interest in the European automotive sector despite the economic downturn.
Qatar acquire 17% Porsche stake by Khaleej Times (Dubai, United Arab Emirates)
On May 19, Daimler AG acquired an equity interest of just under 10 per cent in Tesla.
Aabar buys stake in Tesla by Gulf News (United Arab Emirates)
Multz has held numerous after-sales management positions at Daimler AG in Germany as well as in other countries in Europe and Latin America.
Balkan Star Automotive by The Sofia Echo (Sofia, Bulgaria)
 
 
 
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