Chinese automotive group Zhejiang Geely Holding has purchased almost 10% of Daimler, just weeks after becoming the largest shareholder in truck manufacturer AB Volvo. This latest move is part of a strategy by the Chinese firm to compete with technology companies such as Tesla, Google and Uber in the development of electric vehicles. Announcing the deal, Li Shufu, Geely’s founder and main owner, said: “No current car industry player is likely to win this battle against the invaders from outside […]
West Yorkshire international haulier Brian Yeardley Continental (BYC) said the tide is turning for UK hauliers trying to compete on the continent, after a number of customers it lost several years ago returned to the company.
Mercedes-Benz Trucks and Mercedes-Benz Vans have welcomed the latest member to their shared dealer network – the newly merged and rebranded Motus Truck & Van.