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Daimler - Major Order Knettenbrech + Gurdulic Receive First Vehicles
Rheinmetall Supplies Daimler Truck Fuel Cell
Daimler: 2020 Mercedes-Benz Brand Sales At 2.5 Mln Vehicles
Daimler AG (Daimler) is a Germany-based automotive engineering company. The Company engages in the development, production and distribution of cars, trucks and vans in Germany, and the management of the Daimler Group. Its segments include Mercedes-Benz Cars, Daimler Trucks, Mercedes-Benz Vans, Daimler Buses and Daimler Financial Services. The Mercedes-Benz Cars segment includes vehicles of the Mercedes-Benz brand, including the brands, Mercedes-AMG and Mercedes-Maybach, and small cars under the smart brand, as well as the Mercedes me brand. The Daimler Trucks segment develops and produces vehicles under the brands, including Mercedes-Benz, Freightliner, Western Star, FUSO and BharatBenz. The Mercedes-Benz Vans sells vans under the brand name Mercedes-Benz and the Freightliner brand. The Daimler Buses segment sells completely built-up buses under brand names, including Mercedes-Benz and Setra. The Daimler Financial Services segment supports the sales of its automotive brands worldwide.
Auto & Truck Manufacturers
Independent Chairman of the Supervisory Board
Chairman of the Management Board, Head of Mercedes-Benz Cars, Chief Executive Officer
Independent Vice Chairman of the Supervisory Board, Employee Representative
Member of the Management Board, Head of Finance, Controlling and the Daimler Financial Services Division
Renata Jungo Bruengger
Member of the Management Board, Head of Integrity and Legal Affairs
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China's Zhejiang Geely Holding Group, which owns Volvo Cars and holds 9.7% of Daimler, said on Tuesday it has signed an agreement with Tencent Holdings Ltd to develop smart vehicle cockpit and autonomous driving.
Daimler will cut production and reduce working hours at a second factory, the latest automaker to suffer from a global shortage of semiconductors, the Handelsblatt daily reported on Thursday, citing unnamed company sources.
Daimler is starting the year with optimism after a strong finish to 2020, Chief Executive Ola Kaellenius said on Thursday, adding that sales in the fourth quarter had continued the strong trend seen in the preceding three months.
Daimler AG's North American truck unit on Thursday agreed to a $30 million U.S. civil penalty to resolve an investigation of delayed recalls, the second time since late 2019 the German automaker has agreed to settle a probe by U.S. auto safety regulators.
Daimler AG's North American truck unit has agreed to a $30 million U.S. civil penalty to resolve an investigation that found it failed to recall vehicles in a timely fashion and comply with reporting requirements.
German luxury carmaker Daimler is preparing a stock market listing of its trucks division, business paper Handelsblatt reported, citing company sources.
Petrochemicals giant Ineos will acquire a one-third share of the Mercedes Formula One team with parent company Daimler AG cutting back its stake, the F1 champions announced on Friday.
Billionaire Jim Ratcliffe's Ineos will manufacture its first car in France after a deal to take over a site run by Germany's Daimler, ditching plans to build a factory in Britain as COVID-19 disrupts the automotive industry.
Billionaire Jim Ratcliffe's Ineos will build its first car in France after buying a site from Daimler, ditching plans to build a factory in Wales to manufacture an off-roader which will rival Jaguar Land Rover's Defender, it said on Tuesday.
Aston Martin said on Friday its shareholders approved a plan to inject 125 million pounds ($168.09 million) in new capital as the luxury carmaker tries to turnaround its loss-making business.
Aston Martin said on Friday its shareholders approved the luxury car maker's plans to inject 125 million pounds in new capital, in an effort to turnaround its loss-making business.
German carmaker Daimler on Thursday said it would propose that Bernd Pischetsrieder be elected chairman of the car and trucks maker, after former Chief Executive Dieter Zetsche withdrew his candidacy for the job.
Germany's Daimler AG and its China commercial vehicle partner Beiqi Foton Motor Co Ltd will invest 3.8 billion yuan ($579.21 million) to make Mercedes Benz-branded heavy duty trucks in Beijing, the companies said on Wednesday.
German carmaker Daimler on Tuesday said it will pay German employees a 1,000 euros "corona bonus" to help compensate for personal and economic burdens such as having to wear a mask and working from home.
A German court on Thursday referred a patent licensing dispute between Finnish telecoms equipment maker Nokia and German carmaker Daimler to the European Court of Justice to clarify the law as it applies to supply chains.
Daimler AG <DAIGn.DE> and Geely Holding on Friday said China could emerge as a manufacturing and export hub for hybrid powertrains jointly developed for Volvo and Mercedes-Benz cars.
The European Commission plans to step into the patent dispute between tech companies and carmakers and may set up a system to check whether some patents are essential to a technology standard as claimed, according to a Commission document.
German luxury carmaker Daimler <DAIGn.DE> on Thursday said it plans to double sales of its Maybach-branded Mercedes-Benz vehicles, after selling 12,000 vehicles last year.
German car maker Daimler <DAIGn.DE> said on Tuesday it will cooperate with China's Geely [GEELY.UL] to build next-generation combustion engines for use in hybrid vehicles.
German carmaker Daimler's plan to cooperate with China's Geely to build a next-generation combustion engine does not mean the end of cooperation between Daimler and Renault, a source at the French company told Reuters on Tuesday.
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