Mercedes 2012 Annual Report Download - page 13

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10
Joint venture starts truck production in China. The first truck
produced by the joint venture between Daimler Trucks and
Chinese truck manufacturer Foton rolls off the assembly line
in Beijing. In the future, all trucks under the Auman brand
will be produced by the joint venture BFDA.
Major order for Daimler Buses from Singapore. Daimler is to
deliver a total of 450 Mercedes-Benz Citaro city buses to
Singapore between autumn 2012 and 2015. The customer is the
public transport company SBS Transit, which operates more
than 250 bus lines in the metropolis of five million inhabitants.
Expansion of production capacities for the A-Class. Due to
the excellent response to the new Mercedes-Benz A-Class,
Daimler agrees with Finnish supplier Valmet Automotive that
Valmet will assemble more than 100,000 units of the car
for Daimler from 2013 until 2016.
Foundation stone laid for production of compact cars in China.
The foundation stone is laid at Beijing Benz Automotive Co.,
Ltd. for a new section of the plant where models of the new
generation of Mercedes-Benz compact cars will be produced
as of 2014.
Start of leasing business in China. As the first automotive
provider of financial services in the premium segment, Daimler
Financial Services now offers leasing contracts for car and
commercial vehicle customers in China.
Daimler and Renault-Nissan expand their cooperation. In a
new engine project, Daimler and Renault-Nissan are to jointly
develop a new generation of four-cylinder engines. And in
a transmission project, Nissan is to receive a license to produce
automatic transmissions for Nissan and Infiniti cars starting
in 2016.
“Trucks For The World” in Hanover. At IAA Commercial
Vehicles, Daimler for the first time presents its entire global
range of trucks in one place. Visitors to the trade fair
also experience a burst of new models, with world premieres
of the Mercedes-Benz Antos truck range and the Setra
ComfortClass 500 coach. And the new generation of the Fuso
Canter Eco Hybrid is presented for the frst time in Europe.
Daimler earnings again at a high level. Considering the signifi-
cantly more difficult market environment, Daimler achieves
good earnings in the third quarter. Group EBIT amounts to €1.9
billion. Earnings forecasts for the full year have to be adjusted,
however.
Q 3 .12