Mercedes-Benz has signed a supply agreement with Rock Tech Lithium Inc to receive on average 10,000 tons of battery-grade lithium hydroxide annually, the German automaker said on Thursday. The deal …
Mercedes-Benz
Articles related to German automaker Mercedes Benz.
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Mercedes-Benz is not currently looking at acquisitions as a means to proceed with its strategy of repositioning the automaker as a luxury firm, CEO Ola Kaellenius said on Friday. “There …
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Mercedes-Benz plans aims to halve its CO2 emissions by 2030, the automaker said on Monday, providing a halfway goal to its present target of becoming CO2 neutral by 2039. The …
- DaimlerMercedes-Benz
Daimler recalls 1.29 million U.S. vehicles over software issue
by SpeedLuxby SpeedLuxGerman automaker Daimler AG’s U.S. unit Mercedes-Benz USA said Saturday it is recalling 1.29 million vehicles sold since 2016 as the software may fail to communicate correct vehicle location in …
- DaimlerMercedes-Benz
Daimler to spin-off truck unit, sharpen investor focus on Mercedes-Benz
by SpeedLuxby SpeedLuxGerman automaker Daimler said on Wednesday it prepares to spin off Daimler Truck, the world’s largest truck and bus maker, as it seeks to boost its investor appeal as a …
- Aston MartinMercedes-Benz
Mercedes to lift Aston Martin stake to up to 20 percent by 2023
by SpeedLuxby SpeedLuxDaimler owned Mercedes-Benz is to lift its stake in the luxury automaker, Aston Martin, to up to 20% by 2023, making it one of the automaker’s largest shareholders, Aston Martin …
- 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 …
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German automakers such as Volkswagen and Mercedes-Benz will restart production at some German plants next week after the country eased restrictions designed to stop the spread of the coronavirus. Chancellor …
- GeelyMercedes-Benz
Geely, Mercedes-Benz launch $780 million JV for electric cars
by SpeedLuxby SpeedLuxZhejiang Geely Holding Group and Mercedes-Benz on Wednesday stated they would each spend 2.7 billion yuan ($388.77 million) in a China-based venture to construct “premium and intelligent electrified” vehicles under …
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19-year-old man is facing multiple felony charges consisting of identity theft, and 20 others have been charged with misdemeanors after an alleged fraud against a car rental company targeted by …
