Daimler - updates

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More pain for German car industry as Daimler axes 10,000 jobs

Nov 29, 2019 - 8:46 PM

Daimler, which employs 304,000 people globally, says the job cuts would be achieved through natural turnover, early retirement schemes and severance packages

DAIMLER JOB CUTS. The company logo of German carmaker Daimler and Mercedes-Benz is pictured before the annual shareholders meeting in Berlin on March 29, 2017. File photo by Tobias Schwarz/AFP

Daimler and Geely to develop next generation Smart car

Mar 28, 2019 - 5:18 PM

Under the agreement, expected to be finalized by the end of 2019, the new vehicle will go on global sale in 2022, Daimler and Geely say in a joint statement

DAIMLER AND GEELY TEAM-UP. An Conghui (Geely Holding President), Liu Jinliang (President of Geely Group Company), Jörg Lamparter (Head of Mobility Services at Daimler Financial Services AG) and Klaus Entenmann (CEO Daimler Financial Services AG). File photo from Daimler.com

Daimler manipulated emissions in one million cars – report

Jul 13, 2017 - 4:17 PM

UPDATED Investigators suspect that the world s largest luxury carmaker used a similar so called defeat device to Volkswagen

The company logo of German carmaker Daimler and Mercedes-Benz is pictured before the annual shareholders meeting in Berlin on March 29, 2017. Tobias Schwarz/AFP

Mytaxi, Hailo to merge in Europe-wide taxi hailing app

Jul 27, 2016 - 1:55 PM

The two will form Europe s biggest app based taxi service with 100 000 drivers in 9 countries

epa04382230 AÂ smartphone with the opened app MyTaxi is held next to a taxi sign at the airport in Hamburg, Germany, 03 September 2014. Daimler unit Moovel takes over Intelligent Apps company in Hamburg, who operate the MyTaxi app, it was announced 03 September 2014. EPA/DANIEL REINHARDT

EU slaps record $3.2B fine on truck cartel

Jul 19, 2016 - 10:15 PM

UPDATED Daimler DAF Iveco MAN and Volvo Renault – which account for 9 out of every 10 trucks sold in Europe – are accused of price fixing

epa05431747 EU Commissioner for Competition, Danish, Margrethe Vestager gives a press conference on a case of anticompetitive practices, in Brussels, Belgium, 19 July 2016. The European Commission said it found MAN, Volvo/Renault, Daimler, Iveco, and DAF responsible of breaking EU antitrust rules. According to the Commission, the five truck makers have been fixing prices of trucks over 14 years on truck pricing. The Commission imposed a record fine of almost 3 billion euro on the truck makers except for MAN which had revealed the cartel's existence. EPA/LAURENT DUBRULE

Germany's BMW celebrates 100th anniversary

Mar 07, 2016 - 4:30 PM

The century old carmaker now has more than 116 000 employees and 88 billion in annual sales

epa05097864 The BMW M2 Coupe at the North American International Auto Show at Cobo Center in Detroit, Michigan, USA, 11 January 2016. Auto manufacturers from around the globe come to show off their latest models and concepts. EPA/LARRY W. SMITH

Nvidia delves into self-driving cars with the Drive PX2

Jan 05, 2016 - 4:48 PM

According to Nvidia the Drive PX 2 supports processing power equivalent to 150 Macbook Pros

DRIVE PX 2. Nvidia's Drive PX 2 packs a whallop meant to advance autonomous car development