Aston Martin Posts First Profit in Eight Years

Aston Martin Holdings Ltd. is looking for a “big brother” partner in order to survive as a low-volume, luxury carmaker, even after it posted its first profit in eight years and prepares for a potential initial public offering. The manufacturer famous for making film spy James Bond’s favorite car could use a combination of capital… Continue reading Aston Martin Posts First Profit in Eight Years

BAIC Motor and Daimler to invest $1.9bn for Mercedes-Benz plant

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Gestamp recorded revenues of €8,202m in 2017

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Estimated to boast 1,000 horsepower from a Jaguar-derived supercharged 7.8-liter V12 engine. It looks like the 1993 Lister Storm is getting a part deux as the Cambridge-based niche marque has teased a new supercar that will carry the famous moniker used briefly in the 1990s on a Jaguar-powered performance car. The company’s boss Lawrence Whittaker… Continue reading Lister Storm II Supercar Previewed In Promising Official Render

Daimler and Mizmaa Ventures Co-Lead Round B at Anagog – The Mobility Status AI Innovator

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Daimler to expand local Mercedes-Benz production with BAIC in China

Foreseeing further growth potential in the Chinese automotive market, Daimler and BAIC today announced plans to further expand local production for the Mercedes-Benz brand at their joint venture, Beijing Benz Automotive Co (BBAC). Through an investment totaling over 11.9 billion RMB (about 1.5 billion euros) by Daimler and BAIC, BBAC will prepare to operate another… Continue reading Daimler to expand local Mercedes-Benz production with BAIC in China

Daimler to expand local Mercedes-Benz production with its partner in China

Daimler and BAIC announce plans to expand local production of Mercedes-Benz vehicles due to expected market demand in China Local production hub Beijing Benz Automotive Co. Ltd. (BBAC) to operate additional production location Investment of over 11.9 billion RMB to prepare BBAC for further growth opportunities in the Chinese automotive market 2nd Beijing production location… Continue reading Daimler to expand local Mercedes-Benz production with its partner in China

Federal Government assumes systematic manipulation at BMW

BMW is suspected of having manipulated the emission control of vehicles – and refers to an erroneously loaded software. Even the long-time loyal federal government does not believe that anymore. The BMW logo is reflected in the façade of the BMW Welt in Munich Monday, 26/02/2018 15:56 clock The excuse of the BMW Group on… Continue reading Federal Government assumes systematic manipulation at BMW

Mobility of the Future: Daimler Financial Services

26.

February 2018

Barcelona

Press Contact for this Press Release (2)

James Ryan

Head of Corporate Communications and Marketing Financial Services

james.j.ryan@daimler.com

Tel: +49 711 2574-4050

Fax: –

Florian Otto

Manager Global Corporate Communications Financial Services

florian.otto@daimler.com

Tel: +49 711 2574-5868

Fax: +49 (0) 711 2574-8211

Data-driven insights will create a completely new customer experience. The Digitial Human, ‘Sarah’, is combining artificial and emotional intelligence for a completely new mobility experience. Udo Neumann, Chief Information Officer (CIO) of Daimler Financial Services: “A digital human like ‘Sarah’ will serve as the interface in our financial services and mobility ecosystem, enabling us to deliver an unprecedented customer experience in the near future.” Barcelona – At the Mobile World Congress Daimler Financial Services presents a digital human concept called 'Sarah', which in the future will redefine the link between man and machine using artificial and emotional intelligence. 'Sarah' will be able to assist customers similar to a personal concierge, with the goal to offer the right information at the right time with a convenient and emotionally intelligent, digital touchpoint. As the finance and mobility portfolio of car manufacturers becomes increasingly complex, the challenge to meet the individual wishes of customers is growing.
Udo Neumann, Chief Information Officer (CIO) of Daimler Financial Services: “We meet this challenge with a unique combination of artificial and emotional intelligence. A digital human like ‘Sarah’ will serve as the interface in our financial services and mobility ecosystem, enabling us to deliver an unprecedented customer experience in the near future.”
Benedikt Schell, Chief Experience Officer (CXO) and member of the Board of Management at Daimler Financial Services: “Over 80% of today’s purchases start online. It is exactly there – at the first touch – where we will exploit data-driven insights and guarantee a tailor-made customer experience.”
Emotional intelligence will play a crucial role in perfectly adapting services such as car financing, leasing, and insurances, car-sharing or ride-hailing to customers. Different from regular voice assistants, ‘Sarah’ will be able in the future to recognize non-verbal behavior in real-time using face recognition.
Udo Neumann: “A self-learning and emotionally capable digital human will help to transform our customer service paradigm. Digital humans will be able to learn and understand our environment and connect with us emotionally, helping us in different areas of our life.”
Daimler Financial Services is the first in the auto financing company to work together with Soul Machines, a groundbreaking high-tech company based in Auckland, New Zealand. Soul Machines technology is based on the Academy Award winning work of Dr. Mark Sagar. With the assistance of digital humans and data-driven insights it will redefine customer experience.

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Naza Corporation Holdings and Groupe PSA Establish a Shared Manufacturing Hub In ASEAN

RUEIL-MALMAISON, France–(BUSINESS WIRE)–Regulatory News: Today, Groupe PSA (Paris:UG) and Naza Corporation Holdings announced the signing of a share sale agreement and a joint venture agreement, officially establishing shared operation of the Naza Automotive Manufacturing (NAM) plant in Gurun, Kedah, as the first manufacturing hub in ASEAN for Groupe PSA. In attendance to witness, the event… Continue reading Naza Corporation Holdings and Groupe PSA Establish a Shared Manufacturing Hub In ASEAN