Germany: Daimler and Rolls-Royce eye Tognum bid

Daimler is in talks with Rolls-Royce Group about the possibility of teaming up to acquire a majority stake in German engine manufacturer Tognum, which specialises in engines and powertrains for off-highway applications. Under the proposal, Daimler and Rolls-Royce would each hold an equal share in the supplier. Daimler has said Subscribe to Automotive World to … Continued

• By Webmaster
• March 8, 2011