Daimler AG and Nokia Oyj settled their dispute over the licensing of wireless technology patents in cars, ending a legal battle that has been watched beyond the auto industry and initially threatened sales of the iconic Mercedes brand in its home country.
June 1, 2021Business, Technology, Equipment
Daimler, Nokia Settle Mobile Tech War That Threatened Car Sales
Business
Daimler Reports Significantly Higher Q1 Net Income
Daimler Group reported higher net income and improved revenue in the first quarter as total vehicle sales climbed 13% compared with a year earlier.
April 23, 2021Business, Technology, Equipment, Fuel
Daimler Restructuring ‘Dream Come True,’ Martin Daum Says
The head of Daimler’s global truck operation believes the upcoming restructuring into a separate company positions it to accelerate growth in terms of both innovation and financial opportunity.
February 8, 2021Business, Technology, Equipment
Volvo, Daimler Sign Binding Agreement for Fuel Cell Joint Venture
The Volvo Group and Daimler Truck AG announced they have signed a binding agreement covering a previously announced joint venture to develop, produce and commercialize fuel cell systems primarily for heavy-duty trucks as well as other applications.
November 3, 2020Business, Technology, Fuel
Daimler Trucks Touts Global Plan for Vehicle Electrification
Daimler Trucks announced hydrogen fuel cell heavy-duty trucks with a range of 621 miles (1,000 kilometers) on a single tank will be a key element of its global electrification strategy aligned with the goals of the Paris Climate Protection Convention.
September 16, 2020Government, Business, Fuel
Daimler to Pay $2.2 Billion to Settle US Diesel Issues
Daimler AG will pay about $2.2 billion to settle U.S. diesel-emissions issues in the latest fallout from years of closer regulatory scrutiny on vehicle pollution.
August 13, 2020Business, Technology, Safety, Autonomous
BMW, Daimler’s Self-Driving Venture May Attract Fiat Chrysler
BMW AG and Daimler AG’s self-driving car venture may attract more partners, with Fiat Chrysler Automobiles NV a front-runner to get on board at a time when the German automakers are working to select suppliers by the end of the year.
January 14, 2020Business, Technology, Logistics
BMW-Daimler Ride-Hailing Venture Steps Up Uber Challenge
FreeNow, the ride-hailing venture owned by Daimler AG and BMW AG, expects to double revenue this year and next in a fresh challenge to Uber Inc. in Europe and Latin America.
December 16, 2019Business, Technology, Equipment
Daimler AG to Cut Thousands of Jobs by 2022
Daimler AG, the parent company of Mercedes-Benz and Daimler Trucks, announced it will eliminate thousands of jobs worldwide by the end of 2022 amid weakening car sales in China and the costly push to develop electric vehicles.
December 2, 2019Government, Business, Technology, Safety, Autonomous
Daimler Rolls Back Autonomous Taxi Plan, Focuses on Trucks
Daimler chairman Ola Kaellenius recently announced that the company was taking a “reality check” on autonomous taxis and focusing on self-driving longhaul trucks instead.
November 18, 2019