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German car production declined to its lowest in nearly a quarter of a century as Europe’s largest economy continues to have a hard time from the fallout of a worldwide
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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,
Nokia, 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
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,
BMW’s Chief Executive Harald Krueger stated that there are no plans for the automaker to take a stake in German automaker Daimler as the two automakers continue talks on how
The European Commission’s support for a wifi-based standard for vehicles backed by Volkswagen took a big step forward on Wednesday after EU lawmakers supported wifi over 5G technology promoted by
Daimler plans to release an electric compact sport utility vehicle in 2021 that will be called the Mercedes EQB, the German automaker’s CEO stated on Tuesday. Dieter Zetsche made the
Daimler has complained to EU antitrust regulators about Nokia patents important to car communications, a move underlining the tensions between tech firms and the auto industry on the use of
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.
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