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
Tag: Daimler
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
Daimler 2019 profit down by half, diesel scandal weighs
FILE PHOTO: A Mercedes-Benz “Vision URBANETIC” concept car is seen in front of the Daimler AG logo during the company’s annual news conference in Stuttgart, Germany, February 6, 2019. REUTERS/Michael Dalder FRANKFURT (Reuters) – German luxury car maker Daimler (DAIGn.DE) on Wednesday issued its third profit warning for 2019, as costs related to the diesel… Continue reading Daimler 2019 profit down by half, diesel scandal weighs
Chinese automaker BYD plans to inject $51m into BYD-Daimler EV JV
Chinese automobile manufacturer BYD announced on Wednesday that it has agreed to inject 350 million yuan ($51 million) in cash into Denza, an equally owned joint venture between BYD and Germany’s Daimler AG that specialises in luxury electric vehicles. Shenzhen-based BYD, which is backed by U.S. billionaire Warren Buffet, is making the investment through its… Continue reading Chinese automaker BYD plans to inject $51m into BYD-Daimler EV JV
Lucid Air: 235mph EV to be launched at New York motor show
American electric vehicle (EV) start-up Lucid Motors has announced that it will reveal the Air – a luxurious saloon capable of 235mph – in production form at the New York motor show in April. First revealed in prototype form in December 2016, the Air is positioned as a rival to the Tesla Model S as well as conventionally… Continue reading Lucid Air: 235mph EV to be launched at New York motor show
Press Releases – Natural and renewable gas: Joint call to accelerate the deployment of refuelling infrastructure
Brussels, 21 January 2020 – The European Biogas Association (EBA), the Natural & bio Gas Vehicle Association (NGVA Europe) and the European Automobile Manufacturers’ Association (ACEA) are calling on EU policy makers to accelerate the deployment of infrastructure to deliver natural gas and renewable gas/biomethane across the European Union. Europe needs to trigger a successful… Continue reading Press Releases – Natural and renewable gas: Joint call to accelerate the deployment of refuelling infrastructure
Daimler chairman calls for ‘universal CO2 tax’ – Korea Times
Daimler AG Chairman Ola Kallenius poses with the Mercedes-Benz VISION AVTR during the brand’s press conference at the 2020 Consumer Electronics Show in Las Vegas, Tuesday (KST). Courtesy of Mercedes-Benz By Nam Hyun-wooLAS VEGAS ― Daimler AG Chairman and CEO Ola Kallenius called for additional taxation for CO2 which is “universal across industries” as it… Continue reading Daimler chairman calls for ‘universal CO2 tax’ – Korea Times