Merc set sights on expansion
|
[01/31/2008] Frankfurt - German car and truck maker Daimler sees opportunities for growth through acquisitions, especially in the field of commercial vehicles, its chief executive was quoted on Sunday as saying.
|
Frankfurt - German car and truck maker Daimler sees opportunities for growth through acquisitions, especially in the field of commercial vehicles, its chief executive was quoted on Sunday as saying.
Dieter Zetsche, in an interview with the German financial weekly Euro am Sonntag, did not identify any potential takeover targets.
"We see possibilities to achieve growth to some extent through acquisitions, less so in private cars but certainly in commercial vehicles," Zetsche said.
Daimler, maker of Mercedes-Benz premium cars, has a market value of ˆ53bn, according to Reuters data, and production in 17 countries, according to the group's Internet web site.
The group's truck unit, Daimler Trucks, is the world market leader. It sold 467 000 heavy, medium and light-duty vehicles in 2007, Daimler said on Jan. 23.
Dieter Zetsche, in an interview with the German financial weekly Euro am Sonntag, did not identify any potential takeover targets.
"We see possibilities to achieve growth to some extent through acquisitions, less so in private cars but certainly in commercial vehicles," Zetsche said.
Daimler, maker of Mercedes-Benz premium cars, has a market value of ˆ53bn, according to Reuters data, and production in 17 countries, according to the group's Internet web site.
The group's truck unit, Daimler Trucks, is the world market leader. It sold 467 000 heavy, medium and light-duty vehicles in 2007, Daimler said on Jan. 23.
[Sourse]
celebrity gallery | travel photo | motorcycle gallery | Dine in the USA
| Share You car picture |
| Website Contents © All Rights Reserved |
Conception by Universal Studio
|