The Chinese from BAIC want to increase their stake in Daimler
The Chinese from BAIC want to increase the number of Daimler shares, according to sources close to the situation. In July 2019, BAIC bought …
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Daimler sued in Germany: Investors demand 900 million euros
Investors from Germany claim that Daimler has hidden information regarding the use of the emission management software and sued the company for 900 million …
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Save for electrification: Daimler cuts thousands of jobs till 2022
After Audi, Daimler announces in turn a huge wave of cost cuts, scrapping thousands of jobs until the end of 2022. The group wants …
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What is Daimler trying to achieve through job cuts?
Daimler has just confirmed the massive job cuts. Approximately 1,100 executive positions will be slashed in the upcoming months in a bid to reduce …
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Daimler stops development of combustion engines. Meeting European targets for CO2 emissions, a challenge
Mercedes-Benz has announced that it will stop developing combustion engines. At least for the time being, as meeting the European targets for CO2 emissions …
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Daimlergate: Daimler, forced to recall 60,000 Mercedes-Benz GLK units
Daimlergate continues, as German authorities are forcing Daimler to recall in service 60,000 Mercedes-Benz GLK units produced between 2012-2015 because they were equipped with …
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Daimler has a new boss. This is the 5 point recovery plan of Ola Källenius
Daimler will have a new CEO in the person of Ola Källenius, starting May 22, 2019, so Dieter Zetsche’s strategy will end, together with …
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Ola Källenius, the new Daimler CEO, prepares a 20% cut in administrative costs
Daimler’s new CEO, Ola Källenius, is preparing a 20% reduction in the administrative costs the group has, according to German press reports. Källenius will …
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Chinese giant BAIC wants to buy a 5% stake in Daimler
Chinese group BAIC wants to acquire a 5% stake in Daimler, the deal being estimated at about 3 billion euros, according to sources inside …
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New boss, new strategy: Daimler seeks new partners under Ola Kaellenius
Daimler will move through a series of radical changes after Dieter Zetsche will give up its CEO seat on May 22 in favor of …
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Shock: Daimler set to abandon its partnership with the Renault-Nissan Alliance
Daimler intends to abandon its partnership with the Renault-Nissan Alliance, after the completion of ongoing projects. According to information revealed by the German press, …
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Is smart dead? The future of the brand to be decided by the end of 2019
German manufacturer Daimler will decide by the end of this year what it will be the fate of the Smart subsidiary. “The new CEO will …
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