The fallout: Daimler announces 28% lower profit for 2018
Daimler has achieved a substantially lower profit in 2018. This is partly due to higher costs for new models and innovation, rising raw material …
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Daimler to produce next generation gearbox for Mercedes-Benz in Romania
Daimler is set to begin the production of the next generation gearbox for Mercedes-Benz in Easter European country, Romania. The unit shall be manufactured …
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Daimler still strong, posts smaller quarterly revenue decrease than expected
Mercedes parent company Daimler has confidence in the future. The company more or less maintained its operational revenue in the third quarter. The decline …
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Daimler and Geely have just set up ride-hailing joint venture in China
Daimler and Geely have signed a partnership to develop a ride-hailing mobility services in China and are now making plans on a closer collaboration. …
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Daimler CEO Dieter Zetsche, leaving next year. Who will be the new boss?
Dieter Zetsche, the distinguished and highly successful CEO of Daimler AG and chief of the Mercedes-Benz brand is leaving the German car maker on …
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Daimler, Bosch and Nvidia are sending the first autonomous shuttles to California
Mercedes-Benz is starting the revolution of the fully autonomous transportation. In 2019, Daimler, Bosch and Nvidia are sending the first fully-automated driverless cars into …
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Official: Mercedes confirms recall for 774,000 cars in Dieselgate Reloaded scandal
It is official! Daimler, Mercedes-Benz parent company, is calling back 774,000 diesel cars in Europe due to possible inaccuracies with emissions data. The German …
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Daimler’s sales figures surge in the first quarter of 2018
Daimler has already sold 806,900 vehicles for the first three months of 2018, marking a 7% surge in unit sales, compared to same period …
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Once enemies, now friends. Daimler partners up with BMW
German premium car makers Daimler and BMW are planning on merging their car-sharing businesses in an attempt to win the race of mobility with …
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Daimler and BAIC will expand local production of Mercedes-Benz cars in China
Daimler and BAIC will invest 1.5 billion euros in an additional production location in China in which will be produced conventional Mercedes models “Made …
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2017, another successful year for Daimler Trucks: Deliveries rose by 12%
Daimler Trucks increased its worldwide deliveries in the first eleven months of 2017 by 12 percent year on year to 422,500 units, despite the …
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Chinese company Geely wants to buy 5% stake in Daimler
Daimler declined a bid which would have enabled Geely to buy 5 percent of the German group. The Chinese company doesn’t back down though …
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