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Daimler Truck sees no downturn yet in orders despite gloomy outlook
Commercial vehicle manufacturer Daimler Truck said on Monday it had seen no downturn in its day-to-day business so far despite the gloomy global economic outlook.
September02,2022
Daimler to launch licence system for 3D-printed spare parts
Spare parts for Mercedes-Benz and Setra buses and coaches will soon be made using 3D printers and available to anyone with a licence, parent firm Daimler Truck announced.
May19,2022
Daimler reduces stake in electric car venture Denza to 10 percent
German carmaker Daimler is significantly reducing its share in its electric car joint venture with Chinese partner BYD. BYD Auto Industry will in the future hold 90 percent of their venture Denza, a statement from Daimler announcing the restructuring said.
December28,2021
Chinese carmaker BAIC increases stake in Daimler
Chinese carmaker BAIC Group announced Monday that it has increased its stake in Daimler AG to 9.98 percent in order to strengthen the long-term strategic partnership.
December14,2021
Strong Chinese demand buoys sales for Daimler
Strong demand on the Chinese market has given a boost to Daimler's first quarter sales while the domestic German market still struggles, the automaker said on Wednesday.
April09,2021
Siemens to help Daimler with digitalization offensive
German automaker Daimler wants to make faster progress in digitalizing its production and to achieve this it is entering into an in-depth cooperation with the German technology group Siemens.
March31,2021
Daimler, Beiqi Foton to produce Mercedes-Benz tractors in China
Daimler Truck AG, the commercial vehicle unit of German automaker Daimler, announced on Wednesday that the company and its Chinese partner, Beijing-based Beiqi Foton Motor Co., Ltd., will produce and distribute Mercedes-Benz tractors in China.
December03,2020
BMW to steady recover in China: +31% of sales in the quarter
The Chinese automotive market continues to contribute to the positive results of the European companies. The rebound in demand has helped the manufacturer from Monaco to record a profit before taxes of €2.5 billion in the period.
November06,2020
Job cuts won't hold Daimler back on tech innovation, chairman says
Daimler chairman Ola Kaellenius is overseeing a huge programme of cuts and restructuring - but he's determined not to let that hold the German carmaker back on developing new technologies.
February20,2020
China's CATL to power Daimler electric trucks, buses
China's leading lithium battery producer, Contemporary Amperex Technology Co., Ltd. (CATL), announced Wednesday it has entered into a global battery supply agreement with Daimler Trucks & Buses.
September19,2019
Geely invests in Daimler-backed air taxi start-up Volocopter
German car manufacturer Daimler and the Chinese major shareholder Geely are extending their cooperation to air taxis. The Chinese company is joining the German air taxi company Volocopter via a financing round, the companies announced on Monday in Frankfurt before the start of the IAA motor show.
September11,2019
Baic buys 5% of Daimler to strengthen the electric segment
The Stuttgart-based company is a shareholder owning almost 10% of the Chinese car manufacturer, whose models with electric motors are currently the best sellers in China. Thus, Baic is also opening a window on the European market, which is at the forefront in the component segment.
July24,2019
China's BAIC buys 5-percent stake in German carmaker Daimler
Chinese state-owned car-manufacturing company BAIC has acquired a 5-per-cent stake in Daimler, the German luxury carmaker said on Tuesday.
July24,2019
Chinese mapping service provider to supply navigation maps for Daimler
Chinese mapping service provider NavInfo announced late on Monday that it would supply navigation maps for Daimler AG.
August28,2018
Germany's Bosch and Daimler to test driverless shuttle cars in US
German companies Bosch and Daimler plan to test driverless shuttle cars and taxis in Silicon Valley in the United States.
July18,2018
Auto companies most at risk to Chinese tariff: Analysts
BMW, Daimler, the maker of Mercedes-Benz, and Tesla are the automakers most vulnerable if China raises tariffs on imported vehicles made in the US, analysts said.
April09,2018
Daimler launches new Denza electric vehicle for Chinese market
Daimler and its Chinese partner BYD Auto have launched a new "Denza 500" battery electric vehicle, the German luxury car maker told press on Monday.
March27,2018
German rental car company Sixt to challenge BMW and Daimler in car-sharing market
The rental car company Sixt has announced the establishment of a new car-sharing platform on Thursday with which it hopes to challenge rivals such as BMW and Daimler.
March16,2018
Daimler teams up with Chinese partner to pursue electric mobility
The German carmaker Daimler confirmed on Thursday that it would join hands with its Chinese partner to promote electric mobility in China.
March09,2018
Daimler welcomes long-term shareholder from China
While confirming that Chinese entrepreneur Li Shufu, Chairman of Geely, has acquired 9.69 percent of the Daimler AG shares, the German automotive manufacturer said in a press information sent to Xinhua that it welcomes the new long-term shareholder.
February26,2018
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