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German Car Industry

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German Car Industry
Auto German Automotive Industry Overview Makers – BMW, Audi, VW Markets – EU and non-EU – overview Stats

The largest shareholder of Audi AG is Volkswagen AG, which holds over 99 percent of the share capital. Volkswagen AG includes the consolidated accounts of Audi AG in its own consolidated financial statements. In recent years, the possibility of Audi being spun off or otherwise divested by Volkswagen has been mooted

Daimler AG , geramn car corp Daimler AG is a German manufacturer of automobiles, motor vehicles, and engines, which dates back more than a century. Mercedes-Benz (German pronunciation: [mɛʁˈtseːdəs ˈbɛnts]) is a German manufacturer of automobiles, buses, coaches, and trucks. Mercedes-Benz is a division of its parent company, Daimler AG It is the thirteenth-largest car manufacturer and second-largest truck manufacturer in the world. In addition to automobiles, Daimler manufactures buses and provides financial services through its Daimler Financial Services arm. The company also owns major stakes in aerospace group EADS, high-technology and parent company of the Vodafone McLaren Mercedes racing team McLaren Group (which currently is in the process of becoming a fully independent stand-alone corporate entity[2]), and Japanese truck maker Mitsubishi Fuso Truck and Bus Corporation produces cars and trucks under the brands of Mercedes-Benz, Maybach, Smart, Freightliner and many others.
In 1998 Daimler-Benz AG "merged" with the American automobile manufacturer Chrysler Corporation, and formed Daimler Chrysler AG. In 2007, when the Chrysler group was sold off to Cerberus Capital Management, the name[note 1] of the parent company was changed to simply "Daimler AG".
Biofuel research
Daimler AG is involved in a joint project with Archer Daniels Midland Company and Bayer CropScience to develop jatropha as a biofuel.[25]
[edit] Transport electrification
Carmaker Daimler AG and the utility company RWE AG are going to begin a joint electric car and

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