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Page 3 - Daimler

Nokia, Daimler, others agree to mediation to resolve licensing dispute

Nokia's usual practice is to license its technologies at the car level, whereas Daimler says component makers should also be able to apply for them.

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Updated On : 12 Dec 2019 | 10:01 PM IST

Daimler to cut 'thousands' of jobs by 2022 to fund electric vehicle shift

"Daimler aims to cut thousands of jobs worldwide by the end of 2022," the Mercedes-Benz maker said in a statement, adding that it intended to save 1.4 billion euros ($1.5 billion) in staff costs

Daimler to cut 'thousands' of jobs by 2022 to fund electric vehicle shift
Updated On : 29 Nov 2019 | 5:41 PM IST

China's BAIC signaled willingness to increase its stake in Daimler: Report

Officials at BAIC's listed company BAIC Motor Corp Ltd said at investor conferences in mid-October "both sides are willing to increase stake in the other"

China's BAIC signaled willingness to increase its stake in Daimler: Report
Updated On : 25 Nov 2019 | 8:06 PM IST

Germany dodges recession but 80,000 industrial job cuts add to govt's pain

The deteriorating prospects for employment could turn into a headache for the German government

Germany dodges recession but 80,000 industrial job cuts add to govt's pain
Updated On : 15 Nov 2019 | 1:57 PM IST

Daimler seeks to save over $1.1 bn with job cuts at Mercedes-Benz business

Earlier this year, Daimler had said it hoped to achieve a return on sales of 3% to 5% at Mercedes-Benz Cars

Daimler seeks to save over $1.1 bn with job cuts at Mercedes-Benz business
Updated On : 15 Nov 2019 | 1:36 AM IST

Daimler to trim 10% management worldwide to cut cost: Sueddeutsche Zeitung

Daimler's new Chief Executive is due to give a strategy update, which could include cost measures, on Nov. 14.

Daimler to trim 10% management worldwide to cut cost: Sueddeutsche Zeitung
Updated On : 08 Nov 2019 | 6:45 PM IST

Daimler recalls hundreds of thousands of Mercedes-Benz diesel vehicles

Daimler said a "medium six figure" number of vehicles would be affected by the recall, including 260,000 Sprinter vans

Daimler recalls hundreds of thousands of Mercedes-Benz diesel vehicles
Updated On : 12 Oct 2019 | 8:04 PM IST

China's BAIC buys 5% stake in German automaker Daimler to cement alliance

Daimler, which produces the luxury brand Mercedes-Benz, has long worked with BAIC in China and has previously said it was possible that BAIC could purchase a stake in its capital

China's BAIC buys 5% stake in German automaker Daimler to cement alliance
Updated On : 23 Jul 2019 | 3:51 PM IST

Daimler cuts 2019 profit outlook on diesel issues; shares slump 3% in Q2

hat sent peers Volkswagen, Bayerische Motoren Werke and Porsche Automobil Holding down about 1%

Daimler cuts 2019 profit outlook on diesel issues; shares slump 3% in Q2
Updated On : 24 Jun 2019 | 11:47 PM IST

Daimler and Chinese auto giant Geely to develop next generation smart cars

The new Smart cars will be styled by the Mercedes-Benz Design network with engineering provided by Geely

Daimler and Chinese auto giant Geely to develop next generation smart cars
Updated On : 28 Mar 2019 | 2:02 PM IST

Daimler, BMW to invest more than 1 billion euros in mobility services

Daimler, BMW to invest more than 1 billion euros in mobility services

Daimler, BMW to invest more than 1 billion euros in mobility services
Updated On : 23 Feb 2019 | 3:00 AM IST

Daimler to invest $573 million to develop highly autonomous trucks

The move that will create more than 200 jobs

Daimler to invest $573 million to develop highly autonomous trucks
Updated On : 08 Jan 2019 | 12:04 AM IST

Daimler unveils two new electric trucks in a major challenge to Tesla

Daimler, as the world's largest truck maker, has much to lose as competition for electrified trucks intensifies

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Updated On : 07 Jun 2018 | 12:10 PM IST

Daimler flags possible China co-operation with biggest holder Li Shufu

Daimler's plans announced last year to grant its individual units more independence revived speculation about a spinoff of its trucks division

Daimler flags possible China co-operation with biggest holder Li Shufu
Updated On : 05 Apr 2018 | 9:19 PM IST

Daimler in $2 billion China investment with BAIC as Geely swoops

The two will invest more than $1.88 billion in modernising a plant to build premium Mercedes-Benz cars including electric vehicles, said BAIC

Daimler in $2 billion China investment with BAIC as Geely swoops
Updated On : 26 Feb 2018 | 12:01 AM IST

Geely to buy up to 10% stake in Daimler for $9 bn

Buying a stake in the parent of Mercedes-Benz furthers Hangzhou-based Geely's foray into the European premium automotive market

Geely to buy up to 10% stake in Daimler for $9 bn
Updated On : 24 Feb 2018 | 1:31 AM IST

Daimler turns down Geely offer to buy stake

Carmakers in China have embarked on a flurry of dealmaking, as they scramble to boost production of electric and plug-in hybrid vehicles ahead of tough new quotas to be imposed by Beijing

Daimler turns down Geely offer to buy stake
Updated On : 30 Nov 2017 | 2:24 AM IST

Recalls over 1 million vehicles worldwide for air bag fix

As part of the fix, it said dealers would add new grounding to the steering components

Recalls over 1 million vehicles worldwide for air bag fix
Updated On : 17 Oct 2017 | 2:32 AM IST

Daimler moves to separate car, truck biz

Daimler shares rose as much as 1.5% to £68.94 and were up 0.4% at 1:24 pm in Frankfurt

Daimler moves to separate car, truck biz
Updated On : 17 Oct 2017 | 2:23 AM IST

Daimler delivers first electric trucks

The company will expand its electric truck production at lower cost

Daimler delivers first electric trucks
Updated On : 16 Sep 2017 | 2:02 AM IST