Daimler shares boosted 4.5% on Friday after the German luxury automaker posted forecast-beating third-quarter results, rallied by a better-than-expected recovery in sales of luxury cars in September. European car registrations increased …
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Volvo trucks
- 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 …
- VideosVolvo
Volvo becomes first in the world with self-driving truck tested in underground mine
by SpeedLuxby SpeedLuxVolvo‘s totally autonomous truck is the first ever to be tested in operations deep underground in the Kristineberg Mine. The self-driving truck belongs to a development task targeted at enhancing …

