Hints and tips:
...Premium-car manufacturers such as Volkswagen unit Audi, BMW, Daimler’s Mercedes-Benz and Jaguar Land Rover all operate joint venture factories in China with local partners....
...Daimler’s truck unit has also seen a slowdown in orders, including in the US, which had previously been a source of strength....
...As for Renault’s 21 per cent stake in the Volvo truck business, Daimler could again offer a helping hand given that the German group is the world’s largest truck maker....
...Worse, the company’s core truck market is facing growing competition from formidable new entrants such as Daimler, Volvo and MAN while domestic rival Ashok Leyland has teamed with Renault/ Nissan to target...
...He wants to triple the size of the company’s truck business to match market leaders Volvo and Daimler, which he said had set the “competitive” size for economies of scale....
...By contrast, Freightliner said that it still maintained that it was "not liable in any respect to MAN". "Freightliner intends to appeal the decision," it added....
...George Pipas, Ford's chief sales analyst, said May was “a pretty weak month”, adding that “there are plenty of new cars and trucks in people's garages”....
...Daimler shares outperformed the market on Monday rising as much as 2 per cent in morning trade to ?35.20....
International Edition