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Fri, Jul 1 2016

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Daimler boosts fleet management business with Rabobank deal

FRANKFURT/AMSTERDAM Daimler , the German maker of Mercedes cars, has struck a deal to buy Rabobank's Athlon car leasing arm for 1.1 billion euros ($1.2 billion) to more than triple the size of its fleet management business.

UPDATE 1-Daimler boosts fleet management business with Rabobank deal

* Daimler boosts multi-brand fleet by 250,000 to 340,000 vehicles

Rabobank to sell Athlon car leasing business to Daimler

AMSTERDAM, July 1 Rabobank said on Friday it had agreed to sell its Athlon car leasing business to Daimler Financial for 1.1 billion euros ($1.22 billion).

Daimler's pension fund gets 1.8-billion-euro Renault Nissan stake

FRANKFURT Carmaker Daimler on Wednesday topped up its German pension scheme by transferring a stake in Renault SA and Nissan Motor Co worth about 1.8 billion euros ($2 billion) to the fund.

UPDATE 1-Daimler's pension fund gets 1.8 bln euro Renault Nissan stake

* Daimler had been concerned over French intervention at Renault (Adds background on Renault Nissan ownership changes)

Daimler transfers 3.1 pct Renault Nissan stake to own pension fund

FRANKFURT, June 29 German carmaker Daimler topped up its underfunded pension assets by transferring a 3.1 percent stake in Renault SA and Nissan Motor Co worth 1.8 billion euros ($2 billion), to its pension fund, the company said on Wednesday.

Daimler eyes first Russian car plant: spokeswoman

BERLIN Germany's Daimler is considering building its first passenger-car plant in Russia, a spokeswoman said, counting on the country's troubled economy to rebound in coming years.

Daimler eyes first Russian car plant -spokeswoman

BERLIN, June 15 Germany's Daimler is considering building its first passenger-car plant in Russia, a spokeswoman said, counting on the country's troubled economy to rebound in coming years.

Daimler to unveil long-distance electric car in October

FRANKFURT Germany's Daimler will lift the curtain on its much-anticipated long-distance electric car at the Paris Motor Show in October, as the automaker gears up to compete with Tesla Motors Inc's Model X sport-utility vehicle (SUV).

Daimler to unveil long-distance electric car in October

FRANKFURT, June 11 Germany's Daimler will lift the curtain on its much-anticipated long-distance electric car at the Paris Motor Show in October, as the automaker gears up to compete with Tesla Motors Inc's Model X sport-utility vehicle (SUV).

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