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Mercedes spinning off trucks and getting lean
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Under the move, automaker Daimler will return car production to its original brand Mercedes-Benz. It is also preparing a separate listing for Daimler Truck.
PHOTO: REUTERS
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BERLIN - German premium carmaker Daimler, often criticised in the past for adapting too slowly to new challenges, has changed to a higher gear in its aim to become a lean and more flexible company.
It announced last week a separation of the car segment from its truck and bus business, in news which sent Daimler AG shares up by 10 per cent.
