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Daimler AG’s Mercedes Benz has agreed to pay as much as $20 million in penalties for violations of how it operated its vehicle recall program.

Daimler AG said this week it will shed 10% of management positions at its Mercedes unit, lifting the tally of job cuts announced this year across Germany’s manufacturing sector to more than 80,000.

Daimler AG is quitting development of natural-gas powered trucks to pool resources for electric and hydrogen rigs that can advance its goal of offering a CO2-neutral fleet in its main markets by 2039.

Daimler AG reported higher net income and revenue as sales of cars and vans rose, while truck sales globally fell 8% in the third quarter.

German prosecutors fined Daimler AG 870 million euros for “negligent violation” in a probe into selling rigged diesel cars.

Daimler Trucks announced an agreement with battery manufacturer Contemporary Amperex Technology Co. to supply lithium-ion battery cell modules for its electric trucks, including the Mercedes-Benz eActros, Freightliner eCascadia and Freightliner eM2.

Daimler Trucks has begun testing highly automated heavy-duty trucks on Virginia highways in partnership with its subsidiary, ���ϳԹ���, the companies said.

Daimler AG’s head of sales, facing off with environmentalists at a heated meeting in Berlin, said the company is investing billions of euros to transform its product range to reach emissions targets.

When China responded to President Donald Trump’s trade war with an extra 25% tariff on U.S.-made cars in mid-2018, the move cut the number of vehicles exported from America by half.

Daimler AG outlined a series of moves to return to profitability after posting a net loss in the second quarter, particularly at its largest division, Mercedes-Benz cars.