Daimler AG News Updates

Business, Technology, Safety

New Mercedes-Benz Actros Showcases Daimlers Next-Gen Safety Technologies

HANOVER, Germany Touting technology that is as easy to use as a smartphone, Daimler AG on Sept. 18 showcased safety systems on the next generation of its global highway tractor that it said points the way forward for connectivity in the commercial sector.

September 18, 2018
Business, Technology

Amazon Orders 20,000 Mercedes Vans to Bolster Delivery Program

Daimler AG is emerging as a beneficiary of Amazon.com Inc.s booming package-delivery needs, with the e-commerce giant ordering 20,000 of the German automakers Mercedes-Benz Sprinter vans.

September 5, 2018
Government, Business, Technology, Fuel

Daimler AGs Board Approves Restructuring Aimed at Mastering Rapid Change

Daimler AG announced its board has approved a restructuring, first discussed in 2017, that would create three independent units under Daimlers umbrella as a holding company after the most thorough due diligence in the companys 130-year history.

July 27, 2018
Business, Equipment

Daimler Net Income, Revenue Down on Soft Total Sales

German car and truck maker Daimler AG reported second-quarter net income and revenue fell amid a slight increase in overall vehicle sales, driven by larger gains at its Mercedes-Benz Vans and Daimler Trucks units.

July 26, 2018
Business, Technology

Phillips Connect Technologies Acquires Polish Electrical Components Company

Phillips Connect Technologies, a business of Phillips Industries, completed the purchase of Fortech Poland, a manufacturer and distributor of quality 24-volt electrical connectors and cables for commercial vehicles with a broad and established customer base primarily in the European Union market.

June 25, 2018
Government, Business, Technology, Fuel

Daimler Lowers Earnings Expectations Amid Increased Chinese Tariffs

Daimler AG lowered estimates of its earning potential for 2018 as its car unit feels the effect of higher tariffs.

June 21, 2018
Business, Equipment

Daimler Trucks CEO Says Possible Listing Is Up to Shareholders

Daimler AG could split its truck unit and passenger-car business into separate companies, but its not a necessity and wont happen unless stockholders want it to.

June 7, 2018
Business

Daimler First-Quarter Earnings Mixed

Daimler AG reported lower first-quarter net income though revenue rose amid strong truck sales and record demand at its Mercedes-Benz Cars division.

May 1, 2018
Business, Equipment, TCA

Daimler Trucks North America Donates $1 Million to North Carolina School

Daimler Trucks North America, Thomas Built Buses parent company, donated $1 million to support High Point Universitys Congdon Hall and Congdon School of Health Sciences.

May 1, 2018
Business

Chinas Geely Is Buying $9 Billion Stake in Daimler

Chinese manufacturer Zhejiang Geely Holding Group Co. has acquired a stake worth about 7.3 billion euros ($9 billion) in Daimler AG to become the largest investor in the German automaker.

February 23, 2018