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Latest Articles in daimler

Daimler India Names Anshum Jain As New COO

DICV produces and sells trucks from 9 to 55 tons, as well as BharatBenz buses, Mercedes-Benz coaches, and bus chassis.

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Daimler India Commercial Vehicles Halts Production For 3 Days At TN Plant

Products and parts manufactured at this facility are exported to more than 50 markets in Africa, Asia, Latin America, and the Middle East.

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Daimler India Commercial Vehicles Announces Initiatives To Help Dealer Partners, Staff Amid Pandemic

DICV has proactively offered various relief and support measures to safeguard its employees, dealers, partners, and the entire BharatBenz community.

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Daimler To Recall 2.6 Million Mercedes-Benz Cars In China

Last month Mercedes-Benz USA said it was recalling 1.29 million vehicles sold since 2016 for a similar reason.

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Germany's Daimler Sees 2021 Pandemic Recovery Lifting Sales, Profits

The automaker also confirmed its preliminary financial results for 2020 and said economic conditions in it key markets should continue to return to normal and that it expected no further setbacks as a result of the coronavirus pandemic.

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Daimler Starting Year With Optimism After Strong Finish To 2020 - CEO

Sales growth in the fourth quarter was "driven by China - but not China alone", Kaellenius told reporters, after reaching 4% year-on-year in the prior quarter.

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Germany's Daimler To Produce Fully Electric Compact SUV In Hungary

Hungary's economy imploded in the wake of the coronavirus pandemic, falling by an annual 13.6% in the second quarter. The government expects a 5-6% fall in 2020 before a modest rebound in 2021.

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Mercedes-Benz To Lift Aston Martin Stake To Up To 20% By 2023

Aston Martin, popular for being James Bond's carmaker of choice, has suffered a torrid time since it floated two years ago, with its shares losing two-thirds of their value this year.

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Daimler Lifts 2020 Profit Outlook As Mercedes-Benz Margins Rebound

Benefiting from improved pricing and a fall in fixed costs, adjusted return on sales at its Mercedes-Benz Cars & Vans division rose to 9.4%, up from 7% a year earlier and rebounding from minus 1.5% in the second quarter.

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Daimler Chief Eyes China Growth As Trade Tensions Rise

Britain's Brexit negotiations could end without tariff-free trade with the European Union and serves as an example of how things can go wrong, the Swedish executive explained.

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Sharp Wins Network Tech Patent Infringement Suit Against Daimler

A district court in Munich ruled that mobile communications technology used in Daimler vehicles violates a patent owned by Sharp, the Japanese electronics company said.

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Daimler Pins Profit Revival On New Mercedes-Benz S-Class

The factory cost 730 million euros and more than 1,500 employees will work on an ergonomic assembly line, which Daimler says will be 25% more efficient than its previous location.

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Chile Judge Calls For Water Study On 'Fragile' Lithium-Rich Atacama Salt Flat

German automakers Volkswagen and Daimler this year joined the push for more sustainable lithium mining in Chile, a sign of growing supply chain concerns ahead of an expected electric vehicle boom.

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Daimler Sees Mercedes-Benz EBIT Rising This Year As Sales Rebound

Daimler had outlined the figures last week when it said it would stop building Mercedes-Benz sedans in the United States and Mexico as it seeks deeper cost cuts.

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Daimler To Stop Building Sedans In The US After Second-Quarter Loss

The carmaker is also reviewing its portfolio of niche cars, like the coupe and convertible variants of its C-Class and E-Class, as well as the compact B-Class

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