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...Rivian has halted a deal to make electric vans with Mercedes-Benz in Europe as the start-up seeks to preserve cash reserves by focusing on existing production in North America in deteriorating economic conditions...
...The project “can move quicker if we do it together” said Mercedes-Benz Van chief executive Mathias Geisen....
...The head of Chinese electric carmaker Nio has warned that Europe’s energy crisis is slowing its expansion in a region where it is aiming to take on dominant players such as Mercedes-Benz and BMW....
...BMW shares rose 2.6 per cent during the day and Mercedes-Benz owner Daimler’s shares gained 1.5 per cent. JLR owner Tata Motors saw its shares rise 4 per cent....
...The brand will also continue to create high-performance models for Volvo, similar to the relationship between the AMG sub-brand and Mercedes-Benz....
...Mercedes-Benz and BMW have expanded their Thai plug-in hybrid line-ups over the past two years....
...BMW offers DriveNow, its car-sharing scheme which is available in London and Europe as well as the US, while Mercedes-Benz owner Daimler has its car2go service....
...——————————————- www.porsche-design.com/international/en www.ford.com www.courreges.com www.hermes.com www.mercedes-benz.com www.puma.com www.rolls-roycemotorcars.com www.carven.com www.chrysler.com...
...Notable buyers include Facebook, which bought fb.co.uk, the Chartered Institute of Personnel and Development, snapping up hr.co.uk, H&M buying hm.co.uk and Mercedes-Benz purchasing mb.co.uk....
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