Daimler

Daimler’s Mercedes-Benz sees 5% sales drop in 2021

Daimler's Mercedes-Benz sold 2.05 million vehicles in 2021, the company said on Friday, losing its crown for the first time in five years as the premium carmaker with the most…

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Daimler Truck predicts engine job losses in transition to ‘green’ trucks

The transition to zero-emission fuel cell trucks will slash about half the jobs at Europe’s truck engine plants in the next 15 years, Daimler Truck Chief Executive Martin Daum said,…

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Daimler to hit the gas on electric shift after strong start to 2021

Mercedes-Benz maker Daimler said on Wednesday it will accelerate its shift to electric cars as it builds on a strong start to 2021 despite a global semiconductor chip shortage, but…

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Daimler to cut 15,000 jobs

German luxury carmaker Daimler is intensifying existing cost-cutting measures and plans to cut up to 15,000 jobs, Handelsblatt newspaper reported, citing company sources. The group in had said in November…

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Daimler chief outlines plan to cut up to 1,100 jobs

The new chief executive of Daimler has outlined plans to cut 10 per cent of managers in Germany and up to 1,100 in total worldwide, according to a letter circulated…

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Daimler issues mass van recall over emission violations

The German Federal Motor Transport Authority (KBA) has ordered auto giant Daimler to recall several hundred thousand vehicles for breaking diesel emissions regulations, the car manufacturer said Friday. Daimler, which…

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Midday Corporate Dispatch – Financial and Corporate News

These are the salient financial and corporate news. Provisional figures for Malta’s external transactions show that during January-March 2019, the current account balance recorded a surplus of €48.9 million as…

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Daimler recalls 60,000 Mercedes diesel cars in Germany over distorted emissions tests

Daimler must recall 60,000 Mercedes diesel cars in Germany after regulators found that they were fitted with software aimed at distorting emissions tests, the Transportation Ministry said on Saturday. Via…

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Daimler in the spotlight again for cheating

Daimler confirmed 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…

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BMW, Daimler and VW (Volkswagen, Audi, Porsche) investigated for collusion in breach of EU antitrust rules

The European Commission has opened an in-depth investigation to assess whether BMW, Daimler and VW (Volkswagen, Audi, Porsche) colluded, in breach of EU antitrust rules, to avoid competition on…

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