daimler

Daimler Trucks North America (OTC: DMLRY) is creating a customer experience organization that builds on annual Customer Experience Day exercises started two years ago. The unit of Stuttgart, Germany-based Daimler AG unit sells more heavy-duty trucks in North America than any competitor. Its market...

Daimler AG (OTC: DMLRY) reported its first quarterly loss in a decade on Wednesday (July 24) because of one-time charges related to Takata airbag inflators in Mercedes-Benz cars and legal risks for ongoing diesel emissions investigations in Germany. Sales and earnings for commercial trucks...

Daimler AG (OTCPK: DDAIF) ratcheted down second-quarter 2019 expectations for the second time in less than a month. The German automaker is now guiding to a second-quarter 2019 loss of 1.6 billion euros versus a profit of 2.6 billion euros in the same period of 2018. Second quarter 2019...

German original equipment manufacturers (OEMs) BMW Group and Daimler AG inked a partnership on July 4 for a long-term strategic cooperation in autonomous driving, focusing on jointly developing next-generation technologies for driver assistance systems, automated driving on highways, and self-...

Daimler AG (OTCPK: DDAIF) announced a "high-three digit million" hit to second quarter 2019 earnings related to ongoing expenses to remedy its diesel emissions woes surrounding its Mercedes-Benz diesel vehicles. Daimler warned, "Increase of provisions for various ongoing governmental proceedings...

Despite lower net income and revenue in the first quarter of 2019, Daimler AG reported on April 26 that it expects to see slight earnings and revenue growth for the year. Daimler, headquartered in Stuttgart, Germany, stated that its net profit for the period ending March 31 dropped to €$2.1...

Move over Nikola Motor Company. Daimler Trucks North America (DTNA) is taking the power back. Electric power to be precise. In a keynote speech delivered this morning at ACT Expo, CEO Roger Nielsen declared battery-electric vehicles as the solution to achieve emissions-free commercial...

  Daimler Trucks is buying a majority stake in Torc Robotics, another play in the company's efforts to expand its presence in the self-driving commercial vehicle market. Daimler Trucks is the world's largest truck manufacturer. Torc, a leader in self-driving technology, will remain a...

Daimler Trucks North America (DTNA) announced it has opened its proprietary Detroit Connect platform to third-party telematics service providers. Detroit Connect is a suite of connected vehicle services, and the platform is exclusive to the new Freightliner Cascadia model, according to DTNA, a...

German automakers BMW Group and Daimler AG have embarked on a joint partnership in the mobility segment, investing €1 billion in five different verticals within the market. In a meeting held in Berlin, Dieter Zetsche, the chairman of Daimler AG, and Harald Krüger, the CEO of BMW Group,...

In the midst of a burgeoning trade war, President Donald Trump has laid down a fast and furious ultimatum. “Based on the Tariffs and Trade Barriers long placed on the U.S. and it great companies and workers by the European Union, if these Tariffs and Barriers are not soon broken down and...

AutoGravity, a fintech platform for car shopping, has been nationally available for less than a year. The app’s been downloaded more than 750,000 times and processed more than $1 billion in financing requests. With the announcement last month that the Irvine, California-based startup has...

There’s a lot of intermarrying going on in the automotive space. Amid pressure to match pace with accelerating developments in autonomous driving and ride sharing, a few major players either confirmed or were rumored to be exploring partnerships this week. Finally In The Driver’s Seat...

The European Union and German antitrust regulators are investigating whether the five major German automakers colluded to fix the price of diesel emissions treatment systems, according to published reports. The claims against Volkswagen, Daimler, Audi, BMW and Porsche were first reported Friday in...