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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Bertha Benz: the journey that changed everything
It is a woman without which the car industry would have looked totally different. Mercedes-Benz presents the story of the woman that wrote history. …
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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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