Despite the steady increase in pricing for already over-priced imported cars, the demand for luxury brands in China continues to accelerate it’s rate of growth, especially over the last few years.
Posts Tagged ‘Daimler Benz’
Daimler Benz-Nissan-Renault Deal Finalised |
Daimler AG,Renault SA and Nissan Motor Co. have agreed to a global share-swapping alliance that will have the German automaker and its French-Japanese partner cooperating on the development of small cars, commercial vehicles and future powertrains. Under the agreement, Daimler plans to take a 3.1 percent stake each in Nissan and Renault, while Nissan and [...]
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