By Matthew MurgatroydThe carmakers are starting to see the light.
The Volkswagen Group, the parent company of Mercedes- Benz and BMW, is set to buy German auto giant Mercedes-Daimler for $3.4 billion in a deal valued at about $4.8 billion.
The deal would give the automaker a global presence and would make it the largest automaker by market share and market value, according to Bloomberg.
The sale is a big one for the automakers because of their combined global footprint and their strong global presence in the automobile industry.
It also marks a significant milestone in Mercedes- Daimler’s transition from an assembly plant in the city of Nürnberg to a global logistics and warehousing company, with the two companies now jointly headquartered in Hamburg, Germany.
Mercedes-Daehring is Germany’s largest auto manufacturer, producing some 250,000 vehicles a year and employing about 200,000 people worldwide.
The acquisition is the latest in a series of moves to reshape the auto industry, as the carmakers shift toward a digital future where mobility and logistics are increasingly important.
It’s also a sign that the car companies will be able to make money from their global operations in a way that other companies can’t.
The car makers have been struggling to make profits as demand for vehicles and parts drops in China.
The global car industry has been struggling for decades to adapt to changing technology and changing customer demands, and it’s not clear how the car industry will recover from the current economic climate.
For example, the auto market in China is a growing, if volatile, market, said Daniel Nadeau, managing director of the consulting firm Kelley Blue Book.
Mercedes-America, Mercedes-Chrysler and BMW are among the most prominent automakers in China, and all three have been hit hard by the economic slowdown.
In the United States, the car makers are in a unique position to be able help the auto sector recover from its downturn and is expected to help the companies make more money from the new markets that they are opening.
Merkel-Dodge is a pioneer in the German luxury car market.
It has a massive, long-lasting factory in Munich that produces a wide variety of luxury cars, including some that have been used by celebrities.
Merck and AstraZeneca are two of the world’s largest drugmakers, and their merger with Pfizer in the United Kingdom would bring them to the United State, where the two firms produce pharmaceuticals.
The merger will make them the largest pharmaceutical company in the world, with Pfiz.
Merica will remain in Germany for the time being, as it will remain a division of Volkswagen Group.
The automaker is also looking to acquire more companies in Europe and Asia, including a global manufacturing and logistics company, and a financial services company, according a Bloomberg report.