Volkswagen recalls Polo and Seat models

As a buckle could accidentally jump, VW recalls over 400,000 small cars back. Owners of affected vehicles should not use the center seat until the damage is corrected. Friday, 11.05.2018 5:45 pm Volkswagen Recalls 219,000 Polo of the current model year due to problems with rear seatbelt buckles. The defect also affects 191,000 Seat models… Continue reading Volkswagen recalls Polo and Seat models

Chief inspector can imagine Zetsche as successor

Who follows Manfred Bischoff as supervisory board chief executive at Daimler? The incumbent can imagine an internal solution and sees CEO Dieter Zetsche as a possible successor. Soeren Stache / dpa Manfred Bischoff (left) and Dieter Zetsche in March before the Annual General Meeting of Daimler AG in Berlin Monday, 17.04.2017 11:32 clock Daimler CEO… Continue reading Chief inspector can imagine Zetsche as successor

Daimler builds battery factory in China

Daimler is driving the development of its worldwide electric car production. Together with its Chinese partner BAIC, the German carmaker is building a battery factory in China for more than 650 million euros. Daimler CEO Zetsche (in Beijing) Wednesday, 05.07.2017 15:34 clock For a three-digit million amount builds Daimler a battery plant for electric cars… Continue reading Daimler builds battery factory in China

Record year brings exhaust gas stress for Daimler

At Mercedes, customers are lining up again. The demand is so great that unwanted side effects are inevitable. The pressure to act increases. Daimler CEO Dieter Zetsche Wednesday, 29.03.2017 14:24 The recently disclosed investigations of the Stuttgart Public Prosecutor’s Office on suspicion of exhaust gas manipulation at diesel cars Daimler drivers do not seem to… Continue reading Record year brings exhaust gas stress for Daimler

Cartel scandal blurs Daimler’s half-year balance sheet

Despite the diesel crisis and cartel entanglement: Daimler has sold more cars than ever before. But the good numbers have hardly any consequences on the stock market. Dieter Zetsche (archive) Wednesday, 26.07.2017 12:13 clock Despite the debates about diesel manipulation and driving bans, the auto company has Daimler made big profits again. In the second… Continue reading Cartel scandal blurs Daimler’s half-year balance sheet

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

US tax reform brings Daimler and BMW billions

Too many Mercedes-Benz on 5th Avenue: Just a year ago, Donald Trump threatened German car manufacturers with import duties. However, BMW and Daimler are now benefiting from the tax reform of the US president. Cars from Mercedes-Benz Friday, 22.12.2017 20:59 clock The carmaker Daimler and BMW Expect billions of extra profits for the tax reform… Continue reading US tax reform brings Daimler and BMW billions

Geely entry makes investors uncertain

The entry of the Chinese Geely owner Li Shufu has caused uncertainty among Daimler shareholders. The government assesses the transaction more relaxed – with small restrictions. Getty Images Mercedes plant in Sindelfingen Monday, 26/02/2018 12:38 clock The uncertainty about the new major shareholder from China on Monday has the shareholders of Daimler vexed. The shares… Continue reading Geely entry makes investors uncertain

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