Daimler Trucks Orders for new trucks declined sharply. (Photo: Daimler AG) Munich The times at Daimler are rough. The core brand of the Dax group is currently shaken most violently. Just a few years ago, Mercedes cars and vans were consistently delivering sales returns of more than nine percent. Today, the people of Stuttgart would… Continue reading Vehicle manufacturer: Orders from Daimler’s truck division collapse – that’s the reason
Tag: Daimler
Volvo Cars refinances $500 million worth of preference shares with Swedish investors
FILE PHOTO: A Volvo S60 is displayed during the inauguration of Volvo Cars first U.S. production plant in Ridgeville, South Carolina, U.S., June 20, 2018. REUTERS/Randall Hill/File Photo STOCKHOLM (Reuters) – Chinese-owned Volvo Cars said on Monday it had sold 5 billion Swedish crowns ($519 million) of convertible preference shares to a group of Swedish… Continue reading Volvo Cars refinances $500 million worth of preference shares with Swedish investors
@Daimler: BMW Group and Daimler Mobility AG pave the way for profitable growth at mobility joint ventures
Dynamic growth in joint ventures’ mobility services: nearly 90 million customers – up 44 percent since start of 2019 New umbrella organisation supports efficient steering and focusing of activities FREE NOW increases gross merchandise value (run rate) / platform revenues significantly to reach new record of more than two billion euros Munich/Stuttgart – Following the… Continue reading @Daimler: BMW Group and Daimler Mobility AG pave the way for profitable growth at mobility joint ventures
@BMW: BMW Group and Daimler Mobility AG pave the way for profitable growth at mobility joint ventures
Munich/Stuttgart – Following the successful launch of the YOUR NOW joint ventures in February 2019, the companies are maintaining their dynamic growth course: Almost 90 million people currently use the joint ventures’ mobility services for car-sharing, ride-hailing, parking, charging and multimodal platforms, which are offered in over 1,300 cities worldwide. The shareholders are now setting… Continue reading @BMW: BMW Group and Daimler Mobility AG pave the way for profitable growth at mobility joint ventures
Mercedes delays electric vehicle debut after Jaguar & Audi fail to keep up with Tesla
Mercedes-Benz is putting off the US debut of its first electric vehicle by a year in the latest sign of just how difficult a time automakers are having replicating Tesla Inc’.s success.Daimler AG’s luxury brand will start sales of the EQC crossover in 2021 rather than early next year.By contrast, the website estimates that Tesla has sold about 111,650 Model 3 sedans.
Aston Martin confirms funding talks with potential strategic investors
Aston Martin has confirmed it is in talks with potential investors in a statement to the Stock Exchange. “The Company confirms that is reviewing its funding requirements and various funding options,” the statement read. “It is also engaged in early stage discussions with potential strategic investors in relation to building longer term relationships which may or… Continue reading Aston Martin confirms funding talks with potential strategic investors
Argo AI: Strategy change in the commercialization of autonomous driving
The company Argo AI wants to realign its strategy regarding the commercialization of autonomous driving. That with ford and its cooperation partners Volkswagen working companies for autonomous driving, Argo AI, plans a change of commercialization orientation in autonomous driving. Princeton Argo Lidar Most industry stakeholders are committed to providing robotic taxis, which is accompanied by… Continue reading Argo AI: Strategy change in the commercialization of autonomous driving
Daimler upbeat on sales prospects in China: executive
FILE PHOTO: The Daimler logo is seen before the Daimler annual shareholder meeting in Berlin, Germany, April 5, 2018. REUTERS/Hannibal Hanschke STUTTGART (Reuters) – Daimler (DAIGn.DE) is very positive about the prospects for selling luxury cars in China next year, the company’s China boss Hubertus Troska said on Friday. “It is going very well. China… Continue reading Daimler upbeat on sales prospects in China: executive
@Daimler: Legend 6: New Start ? The Road to Emission-free Mobility.
New Start – The Road to Emission-free Mobility. The 1980s mark the beginning of great social and political changes. A greater sensitivity for environmental issues gains social importance. At the same time, the end of the Cold War, globalization, an increasingly networked world and major economic crises present new challenges. Characteristic of these changing times:… Continue reading @Daimler: Legend 6: New Start ? The Road to Emission-free Mobility.
@Daimler: Mercedes-Benz Untertürkheim plant to produce electric powertrain in the future
Stuttgart/Germany. In the transformation process towards electric mobility, Mercedes-Benz Cars is taking another important step into the future. After intensive negotiations, the management and works council of the Mercedes-Benz Untertürkheim plant in Germany have reached an agreement: In the future, the Mercedes-Benz plant in Untertürkheim will manufacture and assemble parts of the electric powertrain (eATS).… Continue reading @Daimler: Mercedes-Benz Untertürkheim plant to produce electric powertrain in the future