Daimler shares boosted 4.5% on Friday after the German luxury automaker posted forecast-beating third-quarter results, rallied by a better-than-expected recovery in sales of luxury cars in September. European car registrations increased …
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Daimler
Swiss Re and Daimler announced a joint automotive and mobility insurance venture on Monday, looking forward to tapping into a wealth of new data generated by highly automated vehicles to help insurers …
European lawmakers should promote electric car charging facilities as aggressively as they seek to reduce carbon dioxide emissions, Michael Brecht, works council chief at German automaker Daimler, informed Reuters. Automakers …
Japanese multinational corporation Sharp Corp said on Wednesday it has signed a licensing agreement with German automaker Daimler as it settled a patent infringement lawsuit against the automaker over in-vehicle …
- DaimlerMercedes-Benz
Daimler to cut fixed costs as part of broader overhalling
by SpeedLuxby SpeedLuxDaimler will cut fixed costs, capex, and R&D spending at Mercedes-Benz by over 20% by 2025 as part of a strategy overhaul to take the brand further upmarket. The move …
Daimler’s former CEO Dieter Zetsche will not seek to become chairman of the German automaker’s supervisory board, he informed Frankfurter Allgemeine Sonntagszeitung newspaper. Zetsche, 67, a former chief executive of …
- Daimler
Daimler to pay $2.2 billion in diesel emissions cheating settlements in the U.S.
by SpeedLuxby SpeedLuxGerman automaker Daimler AG will pay $2.2 billion to resolve a U.S. government diesel emissions cheating investigation and claims from 250,000 U.S. vehicle owners, according to court documents. The automaker …
Sharp Corp, a Japanese industrial electronics, said on Friday it has won a patent infringement lawsuit against German automaker Daimler in Germany, a ruling that could allow them to enforce a …
- DaimlerLuxuryMercedes-Benz
Daimler pins profit recovery on new Mercedes-Benz S-Class
by SpeedLuxby SpeedLuxDaimler was set on Wednesday to release the new model of its Mercedes-Benz S-Class luxury sedan, which it hopes will help the German automaker to get back to profitability next …
