US customers file class action against German car companies

The cartel scandal hits the German carmaker now in the US: Three customers complain there against Volkswagen, Daimler and BMW – among other things, for violation of competition law. Car brand Mercedes-Benz, Daimler AG in Stuttgart (archive) Thursday, 27.07.2017 15:46 clock The cartel allegations against German carmakers could also have legal consequences in the USA.… Continue reading US customers file class action against German car companies

BaFin checks ad hoc errors at VW and Daimler

In the antitrust scandal car companies have to face a new threat. The Financial Supervisory Authority BaFin checks whether VW and Daimler have informed their investors too late about possible antitrust violations. VW CEO Matthias Müller (r.) Looks to Daimler CEO Dieter Zetsche Monday, 07.08.2017 15:05 clock Suspicious agreements now make German car companies targets… Continue reading BaFin checks ad hoc errors at VW and Daimler

Daimler shares fall by almost two percent

Following Volkswagen, Daimler now comes under pressure: The shares of the Stuttgart-based carmaker have fallen after a report on US emissions investigations. BMW also suffered losses. Dieter Zetsche, CEO of Daimler AG Monday, 19.02.2018 11:46 clock shares from Daimler have on the stock market after one Newspaper report lost value in the wake of the… Continue reading Daimler shares fall by almost two percent

Daimler puts a billion dollars in US location

Daimler wants to expand the electromobility and is investing in a US location. This puts the group in the ranks of competitors, which also put millions in the US market. Thursday, 21.09.2017 21:19 clock Daimler invests a billion dollars for his electric carPlans in the Mercedes location Tuscaloosa in the US state of Alabama. “A… Continue reading Daimler puts a billion dollars in US location

Daimler works council dissociates itself from right colleagues

Four of the 45 works council members in the Daimler parent plant belong to the right-wing group “Zentrum Automobil”. Now, in a statement, her colleagues openly express her rejection. Daimler plant Untertürkheim (archive) Wednesday, 21.02.2018 13:57 clock The works council of the Daimler-Werks in Untertürkheim has distanced itself in a detailed statement from right-wing members… Continue reading Daimler works council dissociates itself from right colleagues

Daimler Group to be divided into three

The Daimler Board of Management has decided to take the first steps in a major redesign plan: In the future, the car company will consist of three independent divisions. The Stuttgart hopes that more clout against new rivals such as Tesla or Apple. Daimler headquarters in Stuttgart Monday, 16.10.2017 15:27 clock Daimler CEO Dieter Zetsche… Continue reading Daimler Group to be divided into three

Chinese billionaire becomes largest shareholder at Daimler

With a share of over seven billion euros, the boss of Volvo’s mother Geely has participated in Daimler. The Chinese company is counting on the departure from the pure combustion engine. Li Shufu, principal owner of Chinese auto giant Geely Friday, 23.02.2018 19:42 clock The Chinese carmaker Geely makes serious with the billion dollar entry… Continue reading Chinese billionaire becomes largest shareholder at Daimler

Mercedes-Benz recalls more than a million cars

Mercedes-Benz recalls more than one million cars worldwide due to faulty cables. In rare cases, the airbag could be triggered for no reason. In Germany, several hundred thousand vehicles are affected. Mercedes-Benz E-Class Tuesday, 17.10.2017 09:47 clock Because of defective cables on the steering column, Mercedes-Benz wants to recall more than one million cars worldwide… Continue reading Mercedes-Benz recalls more than a million cars

That’s it, Mr. Zetsche

Li Shufu, head of Chinese automaker Geely, joins Daimler as a major shareholder. Hostile takeover? In fact, the group from Stuttgart could be trimmed with it faster on electric mobility. Geely boss Li Shufu Saturday, 24.02.2018 13:24 clock For weeks it has begun, now it is official. Li Shufu, boss of the Chinese automaker Geely,… Continue reading That’s it, Mr. Zetsche

The sins of the past cost

Daimler once again significantly increased its sales in the third quarter. On the bottom line, there was less left over than the analysts expected. Daimler CEO Dieter Zetsche Friday, 20.10.2017 10:02 clock The car and truck builder Daimler In the third quarter, it made less operating profit, partly because of special warranty costs and the… Continue reading The sins of the past cost