Tag: Daimler

Comment: Dieter Zetsche should forego the post of Daimler chief supervisor

Dieter Zetsche It is becoming increasingly clear how much the manager has let the reins slip over the past few years of his 13-year reign as Daimler boss. (Photo: AP) The timing was perfect. On September 26, 2018, the former Daimler-Boss Dieter Zetsche and his supervisor Manfred Bischoff put their master plan into practice. First,… Continue reading Comment: Dieter Zetsche should forego the post of Daimler chief supervisor

Car maker: Ola Källenius will probably have to make even bigger cuts at Daimler

Ola Källenius The 50-year-old is a trained businessman, but also a technology freak. (Photo: imago images / Nordphoto) Munich If something went wrong Ex-Daimler boss Dieter Zetsche was able to get really loud. However, his successor is not upset. Reacts to even the worst news Ola Källenius calm and controlled, it says in his environment.… Continue reading Car maker: Ola Källenius will probably have to make even bigger cuts at Daimler

Tesla’s German factory gets off to an explosive start

FILE PHOTO: Warning tape is pictured at a construction site at Heidestrasse street near the capital’s central train station, after a World War Two bomb was discovered at the site in Berlin, Germany, April 19, 2018. REUTERS/Axel Schmidt/File Photo BERLIN (Reuters) – Seven U.S. bombs from World War Two have been found in the plot… Continue reading Tesla’s German factory gets off to an explosive start

Tesla overtakes Volkswagen as world’s second most valuable carmaker

(Reuters) – Tesla Inc (TSLA.O) has overtaken Germany’s Volkswagen (VOWG_p.DE) as the world’s second most valuable carmaker behind Japan’s Toyota (7203.T), as the meteoric rise in the U.S. electric vehicle maker’s shares reshuffles the global market. FILE PHOTO: A China-made Tesla Model 3 vehicle is seen at a delivery ceremony in the Shanghai Gigafactory of… Continue reading Tesla overtakes Volkswagen as world’s second most valuable carmaker

Mercedes EV output target slashed by battery shortage: Manager Magazin

FRANKFURT (Reuters) – Daimler has been forced to reduce its 2020 production targets for the Mercedes-Benz EQC electric car to 30,000 from about 60,000 due to a supply shortage of battery cells from LG Chem, Manager Magazin reported on Thursday. FILE PHOTO: The logo of German car manufacturer Mercedes-Benz is seen at Brussels Motor Show,… Continue reading Mercedes EV output target slashed by battery shortage: Manager Magazin

Mercedes halves EV production target due to battery shortage: Manager Magazin

FRANKFURT (Reuters) – Daimler has been forced to reduce production targets for its Mercedes-Benz EQC electric car from about 60,000 to 30,000 this year, due to a supply shortage of battery cells from LG Chem, Manager Magazin said on Thursday. Daimler wanted to sell around 25,000 EQC vehicles in 2019, but only managed to build… Continue reading Mercedes halves EV production target due to battery shortage: Manager Magazin

Press Releases – Auto industry sets out plan for carbon neutrality under EU Green Deal, amid shrinking market

Brussels, 22 January 2020 – Forecasting the first downturn in EU car sales in seven years this year, the European Automobile Manufacturers’ Association (ACEA) today outlined the major challenges faced by the EU auto industry, as it embarks on the transition to carbon-neutral transport. “One of the biggest drivers of change for our sector is… Continue reading Press Releases – Auto industry sets out plan for carbon neutrality under EU Green Deal, amid shrinking market

Daimler profits halve on diesel and restructuring charges

FRANKFURT (Reuters) – Daimler (DAIGn.DE) warned its earnings halved in 2019 and it faced further charges of up to 1.5 billion euros ($1.7 billion)related to diesel pollution, in the latest blow to the German luxury carmaker. FILE PHOTO: A Mercedes-Benz “Vision URBANETIC” concept car is seen in front of the Daimler AG logo during the… Continue reading Daimler profits halve on diesel and restructuring charges