Thousands of Daimler employees
have agreed to cut their hours and give up bonuses this year to save jobs amid the coronavirus crisis, the German carmaker said Tuesday.
German car giants Volkswagen, BMW and Daimler have posted strong sales growth in the face of a contracting global market in 2019, shifting massive numbers of SUVs ahead of a pivotal year for electric mobility.
German luxury automaker Daimler on
Friday said it would slash at least 10,000 jobs worldwide in a major cost-cutting drive to help finance the switch to electric cars.
Daimler said Thursday it planned to cut jobs to save more than €1 billion by the end of 2022, as it grapples with an expensive switch to greener vehicles.
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 vehicles.
The European Union warned German car giants BMW, Daimler and Volkswagen on Friday that a preliminary inquiry has concluded they colluded to avoid competing on emission control technology.
German high-end car giants BMW and Mercedes-Benz maker Daimler said Thursday they would work together to develop
automated driving and driver assistance systems, the latest cooperation for
the historically fierce rivals.
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
The EU opened an in-depth probe into alleged collusion by major German carmakers over anti-pollution technology Tuesday, a fresh blow to the scandal-hit industry three years after the notorious "dieselgate."
A law firm said on Saturday it had lodged the first investor complaint in Germany demanding compensation from car manufacturer Daimler over the "dieselgate" scandal.
The German government on Monday gave Mercedes manufacturer Daimler two weeks to come up with a full explanation after authorities said some of its diesel vehicles were equipped with illegal pollution cheating devices.
German carmakers Daimler and BMW said Wednesday they would merge their car-sharing services Car2Go and DriveNow, creating a European giant with around four million users to take on challengers like Uber.
Germany's massive car industry is the biggest investor worldwide in electric vehicles, a study published Monday found, as it scrambles under increasing pressure to adopt low-emissions technology.
Chinese billionaire Li Shufu has bought a near 10-percent stake in Mercedes-Benz maker Daimler, making him the German group's largest single shareholder, a stock market filing showed Friday.
German transport authorities will
next week recall thousands more Daimler and Volkswagen vehicles, Der Spiegel magazine reported on Friday, as the massive emissions cheating scandal that has engulfed the sector for more than two years shows no sign of going away.
German auto giant Daimler has apologised to China again after sparking an outcry over an Instagram post by its luxury brand Mercedes-Benz quoting the Dalai Lama, seen by Beijing as a Tibetan separatist.
German carmaker Daimler on Thursday
delivered its first fully electric lorries to companies in Europe, as the global race to mass produce the first generation of "green trucks" heats up.
German car giants Volkswagen and Daimler said Monday they are under investigation by EU antitrust regulators, in a new blow to the country's beleaguered auto industry.
German carmaker Daimler is recalling more than a million vehicles, including Mercedes, due to a problem with the airbags, a company spokesman was quoted as saying on Monday.
German auto giants Volkswagen, BMW and Daimler were hit with lawsuits this week charging the companies colluded illegally to drive up the prices of their cars.
Daimler was the first firm among a suspected German carmakers' cartel to break ranks and report the collaboration to authorities, potentially sparing it billions in fines, German media reported Tuesday.
German luxury car maker Daimler, which is being investigated for alleged emissions cheating, announced Tuesday a voluntary recall of more than three million Mercedes-Benz diesel vehicles in Europe.
German luxury automaker Daimler manipulated the engines of around one million diesel vehicles to make them appear less polluting, local media reported on Thursday, raising echoes of competitor Volkswagen's 'dieselgate' scandal.
German police on Tuesday searched the offices of Daimler as part of their investigation into possible manipulation of emissions data by employees at the auto giant.
