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
Tag: Daimler
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
Daimler Testing Whether Household Waste Can Be Used in Car Parts
Daimler AG agreed to test recycled waste produced by Israel’s UBQ Materials Ltd. to see if it’s viable for use in car parts for new vehicles.
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
Daimler warns of €1.5bn hit to profits from Dieselgate litigation
Owner of Mercedes-Benz set to report biggest drop in earnings since financial crisis Go to Source
@Daimler: Preliminary results for the financial year 2019 including anticipated additional expenses below earnings expectations
Stuttgart, Germany – In the financial year 2019, Daimler AG has achieved a preliminary Group EBIT of EUR 5.6 billion (financial year 2018: EUR 11.1 billion). Not included therein are anticipated additional expenses for ongoing governmental and court proceedings and measures relating to Mercedes-Benz diesel vehicles in various regions and markets. Upon preliminary assessment, these… Continue reading @Daimler: Preliminary results for the financial year 2019 including anticipated additional expenses below earnings expectations
@Daimler: 22. Jan 2020Preliminary results for the financial year 2019 including anticipated additional expenses below earnings expectations
January 22, 2020 – In the financial year 2019, Daimler AG has achieved a preliminary Group EBIT of EUR 5.6 billion (financial year 2018: EUR 11.1 billion). Not included therein are anticipated additional expenses for ongoing governmental and court proceedings and measures relating to Mercedes-Benz diesel vehicles in various regions and markets. Upon preliminary assessment,… Continue reading @Daimler: 22. Jan 2020Preliminary results for the financial year 2019 including anticipated additional expenses below earnings expectations