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German prosecutors have started an investigation into Daimler for allegedly failing to avoid diesel emissions cheating, possibly resulting in a fine for the automaker, as its legal woes mount up
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Daimler slashed its dividend on Wednesday after fourth-quarter operating profit plunged by 22 percent, due to trade wars, increasing costs for developing electric cars and an industry downturn that has
Daimler Chief Executive Dieter Zetsche on Wednesday stated the automaker is in talks about expanding its cooperation with China’s Geely, even as German politicians draw up ways to safeguard the
A federal judge allowed majority of claims against Daimler AG to move forward in a 2016 lawsuit by vehicle owners that claims the automaker’s Mercedes diesel vehicles utilized illegal software
Judge Jose L. Linares in the U.S. District Court for the District of New Jersey today denied motions to dismiss filed by defendants Daimler, Mercedes-Benz, and Bosch in In Re Mercedes-Benz
German companies BMW and Daimler are going to name their combined ride-hailing and car-sharing company “Jurbey”, a source knowledgeable about the matter stated on Tuesday. Daimler and BMW refused to
German luxury automaker Daimler will invest 500 million euros ($573 million) in near future to develop highly autonomous trucks, it stated on Monday, a move that will generate over 200
Daimler stated a proposed deal to combine its mobility services company with that of competitor BMW will not close in 2018, forcing the automaker to reduce the outlook for its
President Donald Trump pressed senior executives of top German automakers to boost their investments in the United States as the White House thinks about imposing new tariffs on European-made vehicles.
Daimler AG has boosted the prospect of increasing its stake in a joint venture with Chinese partner BAIC Motor, Bloomberg reported on Tuesday, mentioning people knowledgeable with the matter. Daimler
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