Tag: Daimler

UPDATE 1-Daimler takes “reality check” on robotaxis

FRANKFURT (Reuters) – Daimler has taken a “reality check” on self-driving “robotaxis”, acknowledging that making them safe is proving harder than first thought amid questions over their future earnings potential. Ola Kaellenius, a board member of Daimler AG presents the new Mercedes GLC F-CELL during the Frankfurt Motor Show (IAA) in Frankfurt, Germany September 12,… Continue reading UPDATE 1-Daimler takes “reality check” on robotaxis

Daimler takes ‘reality check’ on robotaxis

FRANKFURT (Reuters) – Daimler has taken a “reality check” on self-driving “robotaxis”, acknowledging that making them safe is proving harder than first thought amid questions over their future earnings potential. Ola Kaellenius, a board member of Daimler AG presents the new Mercedes GLC F-CELL during the Frankfurt Motor Show (IAA) in Frankfurt, Germany September 12,… Continue reading Daimler takes ‘reality check’ on robotaxis

Mercedes-Benz to cut jobs amid tougher emissions rules

Luxury carmaker Mercedes-Benz is to cut jobs with the aim of making more than €1bn (£840m) in savings by the end of 2022, its owner Daimler has said. The cuts – which reports say will lead to more than 1,000 jobs being lost – come as the carmaker faces challenges from new, tougher emissions targets.… Continue reading Mercedes-Benz to cut jobs amid tougher emissions rules

Mercedes-Benz to axe more than 1,000 jobs in cost-cutting drive

Automotive industry Move blamed on heavy cost of investing in electric vehicles just as traditional car sales slow Mercedes-Benz aims to save €1.65bn as a result of the move. Photograph: Kai Pfaffenbach/Reuters Mercedes-Benz plans to save €1.65bn (£1.4bn) by cutting more than 1,000 jobs in the latest sign German carmakers are struggling to make big… Continue reading Mercedes-Benz to axe more than 1,000 jobs in cost-cutting drive

Daimler seeks 1 billion euros in savings at Mercedes-Benz by cutting jobs

FILE PHOTO: A Mercedes-Benz Concept IAA car is displayed prior to the Daimler annual shareholder meeting in Berlin, Germany, April 6, 2016. REUTERS/Hannibal Hanschke FRANKFURT (Reuters) – Tougher emissions rules will hit Daimler’s profits in 2020 and 2021, prompting the German carmaker to seek more than 1 billion euros ($1.1 billion) in savings from cutting… Continue reading Daimler seeks 1 billion euros in savings at Mercedes-Benz by cutting jobs

14. Nov 2019Daimler cuts costs and sets course for the future

In the short to medium term, Daimler Trucks expects demand to decrease in its core markets in Europe and the United States. This normalization has already begun and is expected to continue until 2021. Daimler Buses expects demand to rise. In the Daimler Trucks & Buses division, investment and cost pressure will continue in the… Continue reading 14. Nov 2019Daimler cuts costs and sets course for the future

Daimler cuts costs and sets course for the future

Daimler today presented a new sustainable business strategy at its Capital Market Day. With a clear commitment to CO2-neutral mobility, the company is setting its course for a successful future. “We are positioning the company for the transformation with a clear strategy for the future. The expenditure needed to achieve the CO2 targets require comprehensive… Continue reading Daimler cuts costs and sets course for the future

Ferrari reveals new 602 hp Roma Coupe

The fifth new model Ferrari has launched in 2019, the Roma is termed a “2+” coupe, which Ferrari says features “refined proportions and timeless design” while offering “unparalleled performance and handling.” Roma is 200mph front-engined machine with V8 turbo motor. While it shares some underpinnings with the Portofino drop-top, the new machine features bold new styling and is described by the Italian… Continue reading Ferrari reveals new 602 hp Roma Coupe