Daimler AG

In 1937, the government of Germany was under the control of Adolf Hilter from the national Socialist (Nazi) party. The government forms a stated-owned automobile company, known as Volkswagenwerk, or “The People’s Car Company.” Hitler's goals were to develop and mass produce an affordable car. At that time, Hitler's hired an Austrian automotive engineer Ferdinand Porsche. In 1939, it was the first time the vehicle was showed to the public at Berlin Motor Show. Not long after the Berlin Motor Show…

technologies for cars as well. The company also owns their own service centers and supercharges stations. In addition to electric car manufacturing, the organization has designed and developed electric components for other car manufacturers. For example, Daimler AG, also known as Mercedes Benz, purchased electric methodologies for its sub-compact model the “Smart Car.” Tesla also develops charging technologies for home application. The company currently has two models in production, the Tesla…

Europe is now facing an unprecedented refugee crisis with nearly 60 millions refugees from Afghanistan, Iraq, Syria, Libya and other Middle East and North Africa districts demanding places of asylum. However, different countries in Europe hold different attitudes toward whether they should shelter more refugees. The intention for sheltering refugees or not is not only about the humanitarian spirit between the countries, but also about political and religious considerations. Many refugees flee…

With product representation in South Africa from the early 1960s, MAN Truck & Bus (S.A) (Pty) Ltd is a wholly-owned subsidiary of MAN Truck & Bus AG in Germany and today has its headquarters in Isando and an assembly plant in Pinetown. With refrigerated transport in mind, the new MAN TGL and new MAN TGM is the route to go. With maximum payload ratios and loading capacity, these monsters have great…

Since then twenty new accounting standards were issued by the Ministry of Finance of the Russian Federation aiming to align accounting practices with IFRS. Despite these efforts essential differences between national accounting standards and IFRS remain. Since 2004 all commercial banks have been obliged to prepare financial statements in accordance with both national accounting standards and IFRS. Full transition to IFRS is delayed and is expected to take place from 2011. Singapore: In…

Fortune Global 500 list. TATA Motors had initially started off as a manufacturer of locomotives. Founded in 1945 under the name of TELCO (TATA Engineering and Locomotive Company), TATA entered the commercial sector in 1954, in collabouration with Daimler-Benz AG. After establishing its foothold in this sector and then dominating it for the next four decades, TATA Motors launched its first passenger vehicle, the TATA Sierra. Since then, TATA motors has a launched a series of successful and iconic…