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    BAIC to increase Daimler holding after 5 per cent stake buy

    26 Nov 2019

    Daimler’s main Chinese joint venture partner BAIC Group has signaled its intention to increase its stake in the German luxury car manufacturer, sources briefed on the matter said, after it built up a 5% Daimler holding in July.

    Daimler, Volvo Trucks in tie-up

    26 Apr 2020

    Daimler and Volvo Trucks have agreed to join forces to develop, produce and sell fuel cell systems for heavy-duty vehicles, in a sign that the coronavirus crisis is accelerating consolidation.

    Daimler recalls 744,000 Mercedes Benz vehicles for faulty sunroofs

    05 Jan 2020

    German automaker Daimler AG said on Sunday it will recall 744,000 Mercedes-Benz vehicles in the United States from the 2001 through 2011 model years because the sunroof glass panel could detach and pose a hazard.

    Daimler fears diesel emission issue may lead to drop in 2019 earnings

    23 Jan 2020

    German auto major Daimler warned that its 2019 earnings could fall short of expectations due to massive new charges over diesel emission, further clouding the outlook for the vital car sector.

    Bosch, Daimler reach a milestone on the way to automated driving

    29 Jul 2019

    Bosch and Daimler have reached a milestone on the way to automated driving: the two companies have now obtained approval from the relevant authorities in Baden-Württemberg for their automated parking system in the Mercedes-Benz

    Daimler to make Mercedes Benz brand heavy trucks at China plant

    25 Aug 2019

    German automaker Daimler plans to build Mercedes Benz branded heavy trucks in China by revamping truck plants owned by its local joint venture (JV), according to a document seen by Reuters and two sources familiar with the matter.

    Daimler to spin off truck unit

    06 Feb 2021

    German carmaker Daimler plans to spin off Daimler Truck, the world’s largest truck and bus maker, as it seeks to increase its investor appeal as a focused electric, luxury car business, sending its shares up nearly 9%.

    Daimler to keep 35% stake as trucks’ business goes solo

    30 Jul 2021

    Daimler will keep a 35% stake in the trucks division it plans to spin off this year, the luxury carmaker said on Friday, giving more details on a landmark corporate split it hopes will boost share values.

    Daimler may invest $47 billion in battery-driven electric vehicles

    22 Jul 2021

    Mercedes-Benz maker Daimler plans to invest more than 40 billion euros ($47 billion) between 2022 and 2030 to develop battery electric vehicles (EVs), and be ready for an all-electric car market by the end of that period.

    Volkswagen posts $10.7 billion profit

    26 Feb 2021

    Volkswagen said on Friday it made better than expected profit of 8.8 billion euros ($10.7 billion) after tax in 2020 despite the pandemic. The world’s No. 2 automaker said the rapid recovery of China,

    12 Results