Daimler CEO has offers to sell MTU Friedrichshafen


FRANKFURT, July 28 (Reuters) - DaimlerChrysler has been given bids for it to sell its 88 percent stake in its heavy diesel engine unit MTU Friedrichshafen, the company said on Thursday. "We have received so far several non-binding offers. Currently we and obviously the family shareholders of MTU Friedrichshafen are evaluating and discussing the further progress," Chief Executive Juergen Schrempp told a conference call. "We assume a firm value of MTU Friedrichshafen as I have defined it ...

Premium Content (PAID Subscription Required)

"Daimler CEO has offers to sell MTU Friedrichshafen" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:

  All of WardsAuto's reliable, in-depth industry reporting and analysis
  Hundreds of downloadable data tables including:
  •   Global sales and production data by country
  •   U.S. model-line inventory data
  •   Engine and equipment installation rates
  •   WardsAuto's North America Plant by Platform forecast
  •   Product Cycle chart
  •   Interrelationships among major OEMs
  •   Medium- and heavy-duty truck volumes
   •  Historical data and much more!

For WardsAuto.com pricing and subscription information please contact
Lisa Williamson by email: lwilliamson@wardsauto.com or phone: (248) 799-2642

Current subscribers, please login or CLICK for support information.

Already registered? here.

Dec 6, 2016

2017 Wards 10 Best Engines: Falling in Love With 6-Cyl. Turbos

BMW and Ford each have two stout turbo-6s in the hunt this year, while Infiniti has one. All five are smooth, extremely refined, reasonably fuel-efficient and dishing up loads of horsepower and torque....More


Diesels Power Profit Gains by VW's Lending Unit  

Volkswagen Financial Services cites increased demand for diesel cars in upgrading its projected 2016 profit from €1.92 billion to a record €2.1 billion....More


Follow Us

Sponsored Introduction Continue on to (or wait seconds) ×