Daimler and its Chinese partner BAIC plan to invest nearly $2 billion in a cutting edge factory in China, highlighting their relationship as competing Geely makes a surprise swoop on
Daimler and its Chinese partner BAIC plan to invest nearly $2 billion in a cutting edge factory in China, highlighting their relationship as competing Geely makes a surprise swoop on
Tens of thousands of German industrial workers downed tools on Tuesday in support demands of trade union IG Metall for a 6 percent pay increase and a right to the
German automaker Daimler stated on Friday the U.S. tax reform would lead to an income tax benefit of around 1.7 billion euros ($2.01 billion) in its 2017 results. Other problems
Daimler has declined an offer from China’s Geely to take a stake of approximately 5 percent by means of a discounted share placement, as the German automaker has long hesitated
Daimler plans to invest 5 billion yuan ($755 million) in China, with its Chinese joint-venture partner, for capability to produce electric cars and the batteries that power them – part
European Union and German antitrust authorities investigated the offices of Daimler and Volkswagen on Monday, expanding an inquiry into supposed collusion. The EU competition watchdog stated in July that it
Daimler is recalling over 1 million Mercedes-Benz cars and sport utility vehicles globally to address possible unintentional air bag deployments, the German automaker stated. The safety recall covers 495,000 vehicles
U.S. automakers are dealing with increasing pressure amid sluggish demand in the country, as Asian and European auto companies strongly increase vehicle production in North America, including a recent investment
German automakers Daimler and BMW could be in talks to integrate their car-sharing services Car2Go and DriveNow, the CEO of automobile rental company and DriveNow partner Sixt hinted. Daimler and
Volkswagen, Daimler and BMW are dealing with expenses of a minimum of 500 million euros ($593 million) to update the engine software of diesel automobiles in Germany to suppress emissions,





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