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Daimler sells 15 German Mercedes dealerships to Chinese investor

June 19, 2015 05:00 AM

FRANKFURT (Bloomberg) -- Daimler is selling 15 Mercedes-Benz dealerships in eastern Germany to a unit of China's Lei Shing Hong Group in a bid to lift profitability.

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Stellantis
New Stellantis CEO Antonio Filosa faces series of hurdles

Filosa’s ability to honestly assess where Stellantis has erred in recent years could prove vital as he works to repair relationships with dealers, suppliers and employees.

VB
By:
Vince Bond Jr.
New Stellantis CEO Antonio Filosa faces series of hurdles
Manufacturing
Trump to double steel tariffs to 50% to aid Nippon-U.S. Steel deal
BN
By:
Bloomberg News
Trump to double steel tariffs to 50% to aid Nippon-U.S. Steel deal
China
Automakers warn shortage of rare-earth magnets from China threatens U.S. light-vehicle output
RN
By:
Reuters News
Automakers warn shortage of rare-earth magnets from China threatens U.S. light-vehicle output
Finance Insurance
FTC seeks to drop one count against Asbury after Trump executive order on disparate impact
JH
By:
John Huetter
FTC seeks to drop one count against Asbury after Trump executive order on disparate impact

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