German auto giant Daimler, maker of Mercedes-Benz, on Friday slashed its 2019 profit forecast for the second time in a few weeks, after booking a 1.6-billion-euro ($1.8-billion) operating loss in the second quarter.
Automotive
Jul 12, 2019
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German auto giant Daimler has been ordered to recall a further 60,000 diesel cars believed to have been equipped with emissions-cheating software, the mass-circulation daily Bild reported on Saturday.
Automotive
Jun 22, 2019
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Flamboyant Daimler boss Dieter Zetsche was set bow out after 13 years on Wednesday, leaving successor Ola Kallenius to tackle problems brewing under the bonnet of the Mercedes-Benz maker.
Automotive
May 22, 2019
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Daimler confirmed Sunday it was facing a regulatory probe after a report said German authorities have uncovered a previously unknown type of pollution trickery software allegedly installed by the car giant in some of its ...
Automotive
Apr 14, 2019
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Mercedes-Benz maker Daimler and Chinese auto giant Geely announced plans Thursday to develop the next generation of electric Smart cars to be made in China in a joint venture.
Automotive
Mar 28, 2019
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German high-end car giants BMW and Mercedes-Benz maker Daimler are banding together to catch up with American and Chinese competitors, with new cooperation on multiple fronts including electric cars and self-driving technology.
Automotive
Feb 28, 2019
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Mercedes-Benz parent company Daimler could be set for a massive fine in Germany over diesel trickery, as prosecutors confirmed Wednesday they had opened a probe similar to one that cost Volkswagen one billion euros ($1.1 ...
Automotive
Feb 20, 2019
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German luxury automaker Daimler has chosen Harald Wilhelm as its next financial director, it said Wednesday, hiring him as he leaves the European aerospace group Airbus.
Business
Feb 13, 2019
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Daimler on Wednesday reported its worst year since 2015 as trade tensions and costly investments drove a slump in profits, months before chief executive Dieter Zetsche relinquishes the wheel at the Mercedes-Benz maker.
Automotive
Feb 6, 2019
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A German court said Friday it had opened the way for shareholders to join a collective legal action against Mercedes-Benz parent Daimler for diesel cheating that mirrors one already brought against VW.
Business
Jan 4, 2019
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