Nokia has suspended legal action against Daimler in the hope that mediation will fix their dispute over technology licensing fees. The decision drew a positive response from the German automaker,
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Daimler’s workforce in Germany will bear the worst hit of 1.4 billion euros ($1.5 billion) in cost cuts prepared by the end of 2022, the head of the automaker’s works
German automaker Daimler could deal with more recalls associated with manipulated diesel engines in some of its compact car models, weekly magazine Der Spiegel reported on Friday, without mentioning sources.
Daimler stated on Friday it will slash at least 10,000 jobs globally during the next three years, after others in the industry as they cut expenses to spend in electric
Germany’s cartel authority stated on Thursday it was fining the three major automakers of the nation – BMW, Volkswagen and Daimler – a total of 100 million euros for forming
Stricter emissions rules are going to hit Daimler’s profits in 2020 and 2021, prompting the German automaker to seek over 1 billion euros ($1.1 billion) in savings from slashing staff
Daimler has no strategies to spin off its trucks division or to pursue a merger with BMW as a means to increase the company’s share price, Chief Executive Ola Kaellenius
Daimler, the maker of armored limousines used by North Korean leader Kim Jong Un, states it has no idea where the leader got them and has no business dealings with
The tiny, two-person Smart cars once thought as the next big thing in urban mobility will be discontinued in the United States and Canada by the end of the current
Daimler’s new boss Ola Källenius won’t officially start until May 22, but is already reportedly looking to decrease the company’s footprint with a reported cutting up to 10,000 jobs, according
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