Ola Kaellenius

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 …

Volkswagen and Daimler on Wednesday prompted the German government to help increase demand for cars as the coronavirus pandemic damaged first-quarter profits and forced both automakers to drop their forecasts …

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 …

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 …

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’s finance chief Bodo Uebber won’t look forward to renew his contract once it expires in December 2019, the automaker stated late on Sunday. The announcement marks the recent senior …

Daimler’s has decided to appoint company veteran Ola Kaellenius as chief executive from next year. This signals a cultural shift by the world’s oldest automaker as it takes on new …

Daimler‘s trucks chief Wolfgang Bernhard, once viewed as a candidate to succeed CEO Dieter Zetsche, has stepped down one year before his contract would end, the automaker stated. Bernhard’s restructuring …