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Big 5 German Automakers Implicated In Price-Fixing Scandal; VW Exec Plans To Cop Plea In Emissions Probe
Wednesday, July 26, 2017 - 9:32am | 366The 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...
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Daimler Declines On Weak Outlook
Thursday, February 4, 2016 - 10:28am | 321German automaker Daimler AG (OTC: DDAIF) saw its shares tumble 5 percent on Thursday morning as investors remained wary of the company following a lackluster earnings report. While the firm confirmed that 2015 was a strong year, a warning that earnings and sales growth in the coming year are likely...
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Daimler CEO On Apple And Google's Progress In Auto Space: 'These Companies Can Do More And Know More Than We Had Previously Assumed'
Monday, January 25, 2016 - 9:40am | 238Apple Inc. (NASDAQ: AAPL) and Alphabet Inc (NASDAQ: GOOG)'s progress in the automotive space is said to be so advanced, it is surprising to industry veterans. According to Reuters, Daimler's Chief Executive Dieter Zetsche is among the industry veterans that failed to accurately predict...
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Mercedes Aims For Uber
Tuesday, September 15, 2015 - 1:34pm | 347This week, Daimler AG (OTC: DDAIF) Chief Executive Dieter Zetsche told Reuters that the luxury carmaker was aiming to take on Uber with a fleet of autonomous vehicles. Zetsche said the firm would target customers who are not interested in buying their own car, but still value premium transport...
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Eight States Join Forces to Support Electric Cars
Friday, October 25, 2013 - 2:43pm | 495This Thursday, governors of eight states made a pledge to take ‘specific actions’ to add 3.3 million emission-free cars on the road by 2025. The coalition comprised of California, Massachusetts, Connecticut, Oregon, Maryland, Rhode Island, New York and Vermont already cover 23 percent of...
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Mercedes And Consumers Can Still Ask Dr. Z
Monday, October 18, 2010 - 9:22am | 323According to Barron's,Daimler (PINK: DDAIF) is back in the fast lane despite a harsh dose of reality from Dr. Zetsche. Barron's reports that back in 2006 when Chrysler and Mercedes were still in a committed relationship, the "Ask Dr. Z" commercials began to appear on television as an ad campaign...