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May 25, 2020
https://auto.hindustantimes.com
Mercedes-Benz has been looking to accelerate restructuring efforts in the wake of the pandemic, which closed factories and showrooms around the world..Daimler AG is pushing ahead with plans to produce an all-electric version of its flagship Mercedes S-Class sedan from next year.
March 16, 2020
WebWire
After weighing all aspects, especially the health of all participants and after the order of the responsible health department, Daimler AG has decided not to hold the company's Annual Shareholders' Meeting as scheduled on April 1, 2020, but to postpone it to a later date in 2020. This will inevitably lead to a corresponding postponement of the resolution on the allocation of profit and of the dividend payment. Depending on the further course of the wave of infections, Daimler AG aims to h...
Reuters Editorial
February 20, 2020
U.S.
German cars and trucks maker Daimler said it would revamp the management of its finance, production and development portfolios to remove duplicate layers between Mercedes-Benz and Daimler AG.
Press Trust of India
February 14, 2020
@bsindia
Making the adjustments to the busbar and the electrical wiring will take about 1 hour per car
February 5, 2020
WebWire
Daimler AG announced today that Max Warburton is joining the company as Advisor to the Management Board and Head of Special Projects. He will report directly to Ola Källenius, Chairman of the Board of Management of Daimler AG and Head of Mercedes-Benz Cars. The appointment is effective March 2, 2020. Warburton joins from Alliance Bernstein, the US asset management and research firm. "Max has a wealth of automotive expertise. As well as his strategic and financial perspectives he brings an...
February 3, 2020
WebWire
According to this, Daimler AG as one of the world's leading vehicle manufacturers, already plans to offer a CO2 -neutral new vehicle fleet for the various sales markets in the coming 20 years. According to the strategic concept, half of this car fleet is to operate on the roads of the world as plug-in hybrids or all-electric cars. CO2 neutrality is set to be achieved in the European plants in 2022. At the EXPO DAY Daimler will show how cooperation with startups can help the Group to come...
David Shepardson
December 18, 2019
U.S.
BMW AG and Daimler AG said Wednesday they plan to exit the North American car-sharing market, with the joint venture partners halting operations in Montreal, New York, Seattle, Washington, D.C., and Vancouver, as they focus on the European market.
Steve O'Hear
December 18, 2019
TechCrunch
Blaming the "volatile state of the global mobility landscape" and rising infrastructure costs, Share Now, the car sharing service owned by Daimler and BMW, has announced that it is pulling out of North America as of February 29, 2020. On the same date -- citing "low adoption rates" -- Share Now will also cease operating [...]
December 2, 2019
WebWire
Daimler and the General Works Council have agreed on key points in order to streamline the Group structure and thus increase efficiency and flexibility. Therefore, measures to reduce costs and employment in a socially responsible manner have jointly been agreed upon. Daimler will, among other things, use natural fluctuation to reduce jobs. In addition, the possibilities for part-time retirement will be expanded and a severance program will be offered in Germany in order to reduce jobs in t...
September 24, 2019
WebWire
, , , , • Negligent violation of supervisory duties results in fine in the amount of EUR 870 million , , • Daimler AG refrains from taking legal remedy , , • Earnings forecast of Company remains unchanged , , , , , , The Stuttgart public prosecutor issued a fine notice against Daimler AG pursuant to Sections 30 para. 1, 130 para. 1 of the Administrative Offenses Act based on a negligent violation of supervisory duties in the area of vehicle certification in connection with deviations from regulator...
Reuters Editorial
September 24, 2019
U.S.
German luxury carmaker Daimler will pay a fine of 870 million euros in relation to the certification of diesel vehicles that did not meet regulatory requirements, prosecutors in the southern city of Stuttgart said on Tuesday.
Jason Cartwright
September 19, 2019
techAU
Delivering the best of technology news from Australia and around the globe since 2006.
Allison Matyus
September 19, 2019
Digital Trends
Tesla CEO Elon Musk praised German automaker Daimler over Twitter for its choice to end the development of combustion engines to focus on electric vehicles. Musk congratulated his rival and welcomed them to the EV revolution.
Ingrid Lunden
September 9, 2019
TechCrunch
The promise of flying cars has become an idea more synonymous with the tech world's shortcomings than its exciting potential, but today one of the startups that has been focused on actually trying to make small, airborne vehicles a reality is announcing a fundraise and says it's on track for a commercial launch in two to [...]
Theo Leggett
September 9, 2019
BBC News
Porsche is set to lead the charge at the Frankfurt Motor Show with its new electric sports car.
Saritha Rai
Invalid Date
DealStreetAsia
Lightspeed Venture Partners, Silver Lake Waterman, and Sapphire Ventures participated in the funding round.
Reuters Editorial
August 20, 2019
U.S.
Daimler is reviewing the product portfolio at its vans division, where sales have been hit hard by doubts about the cleanliness of diesel engined vehicles, Mercedes-Benz executive Marcus Breitschwerdt said on Tuesday.
Reuters Editorial
August 9, 2019
U.S.
Prosecutors in Stuttgart, Germany are set to fine Mercedes-Benz parent Daimler between 800 million euros ($895 million) and 1 billion euros for diesel-related violations, German magazine Der Spiegel said in its online edition on Friday.
By Keith Bradsher
July 23, 2019
www.nytimes.com
The deal will tighten the German automaker's ties to China, which has become an important market but where overall sales are falling.
Edward Taylor
July 23, 2019
U.S.
China's Beijing Automotive Group Co Ltd (BAIC) has bought a 5% stake in Daimler , cementing their long-standing alliance after China's Geely emerged as a potential rival by also taking a stake in the German automaker.
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Daimler AG
Investor
CompanyCompany attributes
Industry
Automotive industryLocation
StuttgartLegal name
Daimler AG
Chrysler
Mitsubishi Fuso Truck and Bus Corporation
Mercedes-AMG
Mercedes-Benz U.S. International
American LaFranceCrunchbase
Founded date
November 17, 1998
Other attributes
Country
GermanyFormer CEO
Dieter Zetsche
Ola KälleniusHeadquarters
New York Stock Exchange
Frankfurt Stock Exchange
Borsa ItalianaStock symbol
DAI
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