German automaker Daimler reported a drop of almost 70% in first-quarter operating profit on Thursday because of the coronavirus pandemic and warned that the cash flow it utilizes to pay …
Daimler
- DaimlerVolvo
Daimler partners with Volvo for $1.3 billion Hydrogen fuel-cell joint venture
by David Bondby David BondGerman automaker Daimler has announced on Tuesday that it is collaborating with Swedish auto giant Volvo to establish a $1.3 billion joint venture to make Hydrogen fuel-cell for trucks. Both …
- DaimlerMercedes-Benz
Daimler provides 99 Mercedes-Benz Citaro buses to UAE
by David Bondby David BondDaimler Buses on Friday has said that it has provided 99 Mercedes-Benz Citaro buses to the Abu Dhabi Department of Transport (ADDT) of the United Arab Emirates. The ADDT is aiming to significantly expand and modernize …
New electric models are going to encourage BMW and Daimler cut emissions from the vehicles they sell by an average of 20% this year, the German automakers predicts, as they …
- Daimler
Daimler says production in China stable, early to evaluate coronavirus impact
by David Bondby David BondDaimler’s car production in China is stable and the supply chains are secure however it is too early to forecast the impact of the coronavirus outbreak on the automaker’s sales, …
German automaker Daimler on Friday cautioned of dangers for the economy and its own business because of the outbreak of coronavirus that is spreading in China and elsewhere in the …
Daimler will not give up the profitability of next-generation electric vehicles, CEO Ola Kaellenius stated on Tuesday, as the automaker is having a somewhat hard time to meet more strict …
Investors have taken legal action against Daimler for 896 million euros ($1 billion) in a regional court in Stuttgart, alleging the automaker of concealing its use of emissions cheating software, …
- BMWDaimler
Daimler, BMW leaving North American car-sharing market, cutting in Europe
by David Bondby David BondBMW and Daimler stated Wednesday they plan to leave the North American car-sharing market, with the joint venture partners stopping operations in Montreal, New York, Seattle, Washington, D.C., and Vancouver, …
- Daimler
Nokia, Daimler, others agreed to mediation to resolve a licensing dispute
by David Bondby David BondNokia, Daimler, and several auto parts suppliers have agreed to independent mediation to find a solution for their technology licensing dispute, the Finnish telecoms equipment maker stated on Thursday. The …

