Daimler to Become Mercedes-Benz, Spin Off Truck Unit

Daimler plans to split up into the world’s largest makers of luxury cars and commercial vehicles, renaming itself Mercedes-Benz and separately listing its truck unit by year end, according to a report by Automotive News. The plan to distribute a majority of Daimler Truck to shareholders is the most significant shakeup CEO Ola Kallenius has […]

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