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Daimler AG and BMW AG are pouring more than 1 billion euros into their joint car-sharing and ride-hailing businesses to take on the likes of Uber Technologies Inc. and Lyft Inc.

Prospective buyers planning to splurge on a luxury car may want to reconsider. Mass-market brands now are more reliable than premium models.

DETROIT — Subaru, Tesla, BMW, Volkswagen, Daimler Vans, Mercedes and Ferrari are recalling about 1.7 million vehicles to replace potentially deadly air bag inflators made by Takata Corp. of Japan.

Elon Musk’s praise for Daimler AG’s Mercedes-Benz Sprinter van triggered talks between the German manufacturer and Tesla Inc. over potential cooperation on an electric version.

Daimler AG, citing regulatory and trade headwinds, reported a decline in net income for the fourth quarter and full 2018 while revenue inched up in both periods amid an all-time record for global truck sales.

Four years ago, Daimler AG dazzled with a self-driving luxury lounge in Las Vegas. This year the Mercedes-Benz maker is back at the annual Consumer Electronics Show, though with a more utilitarian slant: a bubble-like autonomous shuttle designed to reliably ferry people and goods around town at limited speeds.

Mercedes-Benz parent company Daimler and auto supplier Bosch plan to launch a self-driving car pilot for the public in San Jose, Calif., in the second half of 2019.

Daimler AG on Oct. 19 cut its earnings outlook this year for the Mercedes-Benz Cars and Daimler Buses divisions and for the Daimler Group.

Daimler AG Chief Financial Officer Bodo Uebber’s decision to leave the maker of Mercedes-Benz luxury cars marks the first top-level departure after the German manufacturer picked Ola Kallenius as CEO starting next year.

Daimler AG and the Renault-Nissan-Mitsubishi alliance see opportunities to collaborate on mobility offerings as well as connected and self-driving cars, a move that would push their partnership into new territory.