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Monday, October 21, 2019

Tag: Daimler

Daimler asked to recall hundreds of thousands of diesel vehicles

Daimler will cooperate with the authorities.

Amazon, Swatch, Daimler and the risks of a global recession

Five global companies may stand to lose more than others as investors brace for a significant downturn in the world economy.

Daimler recalls more cars over emissions cheating

This is the second recall the German Federal Motor Transport Authority has ordered Daimler to make, affecting its Mercedes-Benz GLK 220 CDI models.

China’s BAIC seeks to buy 5% Daimler stake

China BAIC's interest of a 5% stake in German carmaker Daimler is a way to secure its investment in Beijing Benz Automotive.

Daimler faces probe over ‘new cheating software’

Diesel investigations have been running in Germany since 2015, when automobile giant Volkswagen admitted to building defeat devices into 11 million cars worldwide.

‘BMW, Daimler, VW broke antitrust rules’

The EU said the three automotive giants had meetings to rig competition in emissions technology.

Mercedes-Maybach S560: Business class on wheels

In spite of all this finery, RM1.4 million is just too high an asking price for the Mercedes-Maybach S560.

Future Daimler CEO open to working with automakers to ease costs

He says Daimler is open to talk if there are concrete topics and it’s a win-win situation.

Daimler, Bosch cruise into robotaxi era with slow-moving shuttle

Sales of autonomous shuttles will reach about 1 million vehicles in 2020 and could reach more than double by 2025.

Daimler, BMW win green light for car-sharing merger

Car2Go and DriveNow combined have 20,000 cars in 30 cities worldwide used by more than four million customers.

Daimler to buy US$23 billion of battery cells for electric car...

Future Mercedes-Benz electric cars will contain batteries using 80% nickel and only 10% manganese and 10% cobalt.

Daimler seals ride-hailing deal with China’s Geely

The two companies will enter the hotly-contested ride-hailing market in China, where top provider Didi Chuxing is used by hundreds of millions of people and muscled out Silicon Valley-based Uber in 2016.

Daimler’s CEO stumbles on his victory lap

The announcement states Daimler’s shares to be their lowest since 2013.

Daimler cuts 2018 profit forecast on diesel woes

Daimler was forced to trim its outlook for the first time four months ago, blaming new tariffs on cars exported from the United States to China as part of President Donald Trump's festering trade spat with Beijing.

Daimler chief says company can’t be a ‘behemoth’

Facing tough new EU limits on CO2 emissions starting in 2020, Daimler has finally embraced electric vehicles in earnest, presenting in Paris its first SUV to be released late next year.

Daimler CEO Dieter Zetsche to leave in 2019

Zetsche will be followed in the chief executive's chair by Kallenius, a Swedish manager who joined Daimler in 1993 and has been head of research and development for Mercedes-Benz cars since 2017.

Mercedes is bringing 3 world premieres to the 2018 Paris motor...

Significant innovations continuously refined in the GLE SUV model is the driving assistance system, pointing to a trend that many brands at the show will be highlighting.

Volvo halts Iran truck assembly due to US sanctions

The sanctions against Iran, reimposed on Aug 6 by US President Donald Trump after his decision to pull out of a nuclear deal with Tehran, have forced companies across Europe to reconsider their investments there.

EU targets BMW, Daimler, VW in pollution cartel probe

Daimler and VW are widely reported to be putting themselves forward as whistle-blowers in the case, in order to win leniency with the EU authorities.

Electric Mercedes opens German assault on Tesla

The market for upscale electric cars is Tesla’s to lose, with sales of its entry-level Model 3 sedan expected to reach about 50,000 cars this year and almost double that in 2019.

German car market surges as manufacturers face emissions crunch

Industry observers point to the September introduction of the so-called "WLTP" emissions testing standard in the EU as a factor pushing carmakers to offer deep discounts or register vehicles to local sellers in August.

Dyson proceeds with US$2.6 billion e-car test center

Dyson is joining Volkswagen AG, the world’s biggest carmaker, Daimler AG and General Motors Co to offer a suite of electric vehicles.

007 carmaker Aston Martin announces stock market float

The century-old carmaker, based in Gaydon in central England, is controlled by Italian private equity fund Investindustrial and Kuwaiti investors.

GM, Ford jump as Trump’s Mexico deal averts tariff doomsday

Prior to Monday’s announcement, the Trump administration had been threatening tariffs of as much as 25% on vehicles imported from any country.