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Daimler will produce the first in-house electric motor at its oldest plant in Berlin, the carmaker said on Thursday, providing relief to workers worried that the diesel motor production site was on the brink of deep job cuts. Workers who feared for their…
Daimler will cut working hours for up to 18,500 employees and temporarily halt production at two plants in Germany due to a shortage of semiconductor chips that has hit global car production, it said on Wednesday. “Currently, there is a worldwide supply…
Daimler AG and Infosys announced a long-term strategic partnership for a technology-driven IT infrastructure transformation. After the receipt of all regulatory approvals, Daimler AG will transform its IT operating model and infrastructure landscape across…
German luxury carmaker Daimler on Thursday said it plans to double sales of its Maybach-branded Mercedes-Benz vehicles, after selling 12,000 vehicles last year. Daimler unveiled its new flagship vehicle, which is based on a Mercedes-Benz S-Class limousine,…
Recently few reports emerged which said that Mercedes was scaling back from developing autonomous driving technology which was quickly buried by the company’s head of digital transformation. Now Alphabet-owned Waymo and Daimler have officially announced a…
Daimler shares surged 4.5 percent on Friday after the luxury carmaker posted forecast-beating third-quarter results, buoyed by a better-than-expected rebound in sales of luxury cars in September. European car registrations rose slightly in September, the…
Daimler’s Chief Executive said China will remain Mercedes-Benz’s biggest growth market in the next decade and the German carmaker will adjust production locations to capture shifts in demand as global trade tensions continue to rise. The remarks by Ola…
Labour representatives at German carmaker Daimler said on Monday that discussions with management over cost cuts had become “rougher”, after a board member said over the weekend that more than 15,000 jobs were at risk. The auto industry has been hit hard by…
Mercedes-Benz maker Daimler has seen business stabilize in China after the country ended coronavirus lockdowns, a senior manager at the German carmaker told a newspaper on Sunday. Mercedes-Benz delivered a total of approximately 477,400 passenger cars…
Mercedes-Benz maker Daimler said Wednesday it plans to restart work at factories in Germany from April 20, after a weeks-long interruption due to the coronavirus pandemic. “In a few selected factories, we are implementing a coordinated restart of production,”…
New electric models will help BMW and Daimler cut emissions from the cars they sell by an average of 20% this year, the German automakers predicted on Tuesday, as they strive to meet tough new European pollution rules. In a live-streamed event, following the…
The Mercedes-Benz E-Class has been one of the most successful models from Mercedes, globally. And for 2021, the company is all set to reveal the latest E-Class model. It was supposed to happen at the 2020 Geneva Motor Show but as the show stands canceled,…
German cars and trucks maker Daimler said it would revamp the management of its finance, production and development portfolios to remove duplicate layers between Mercedes-Benz and Daimler AG. As a result, Daimler’s Chief Financial Officer Harald Wilhelm will…
Daimler reported its biggest drop in annual profit in a decade on Tuesday, a 64% fall reflecting more than 5 billion euros in charges as well as an investment as Mercedes-Benz pushes into electric and hybrid vehicles. Mercedes saw record sales to retain its…
Investors have sued Daimler for 896 million euros ($1 billion) in a regional court in Stuttgart, accusing the carmaker of concealing its use of emissions cheating software, German law firm TILP said on Tuesday. The suit was filed on behalf of institutional…
German automaker Daimler AG said on Saturday 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. The large recall covers more two dozen…
