Mercedes Streamlines Sales Network

Daimler wants to sell more than 25 stores and workshops. Three European branches could soon be sold.

The automaker Daimler is considering selling its branches in Great Britain, Spain and Belgium. So the company could make up to a billion.

According to a newspaper report, Daimler shares are planning to specifically, the Mercedes manufacturer intends to sell the car branches in    Great Britain, Spain and Belgium. The automaker currently owns more than 25 stores, showrooms and workshops there, in which around 2,800 people work, the “Handelsblatt” reported on Monday. Daimler confirmed the paper to consider a sale.

Citing industry circles, it was said that the company could earn up to one billion euros through sales to independent dealer groups or investors – 30 to 40 million euros per location.

The company told the newspaper that a sale does not mean the branch will be closed. “In the possible discussions with interested parties, the long-term business success and the continuation of the Mercedes-Benz activities there at the locations will have the highest priority.” Most of the Daimler branches are already managed by external dealers.