Daimler is planning to spin off its truck and bus division to create two independent companies — the other being its passenger vehicles business known as Mercedes-Benz. “In the process, Daimler as we know it would disappear and emerge as Daimler Truck and Mercedes-Benz,” said CNET. “The latter’s always been a brand name, not an actual automaker, but Daimler the automaker wants to take on the ‘Mercedes-Benz’ name to better differentiate its future plans.” (Source: CNET) Read the original article.
