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DCX Sells Stuggart HQ

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DCX Sells Stuggart HQ

We had always operated under the assumption that there's no quick way to make a buck in the auto business. Turns out we were wrong, as DaimlerChrysler has just sold its headquarters in Stuttgart for $308.8 million in cash to IXIS Capital Partners Ltd. Don't fret, the building's new owners won't be kicking DCX to the curb, as the automaker simultaneously signed a 15-year lease to stay on the premises.

Read "DCX makes quick buck by selling Stuttgart HQ" @ Autoblog

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