Tag: Daimler

Daimler Escapes Fines After Vehicles Recalled

11:00 Lisa Abramowicz Bloomberg Editorial, Co-Host:Bloomberg Markets AM 11:00 Gina Martin Adams Bloomberg Intelligence, Chief Equity Strategist 11:10 Catherine Mann Citigroup Global Markets Inc, Global Chief Economist 11:20 Gerard S Cassidy RBC Capital Markets, Mng Dir:Equity Research 11:35 Hakan Samuelsson Volvo Cars NV, President/CEO 11:50 Brooke Sutherland Bloomberg Editorial, Bloomberg Opinion Columnist 12:00 Bankim Chadha… Continue reading Daimler Escapes Fines After Vehicles Recalled

BMW Trails Mercedes, Audi in China With Sales Drop in May

LISTEN TO ARTICLE SHARE THIS ARTICLE BMW sales in China, the carmaker’s biggest national market, dropped for the first time in over two years in May after buyers delayed purchases, hoping for better deals following a cut in import duties. Deliveries of BMW-brand and Mini city cars in China fell 10 percent in May compared… Continue reading BMW Trails Mercedes, Audi in China With Sales Drop in May

Apollo Automobil partners with HWA AG for the final dynamic development of the Apollo IE

Apollo Automobil establishes technical partnership with legendary motorsport and development specialist, HWA AG, for the final dynamic development of IE. Partnership gives Apollo access to HWA’s globally renowned engineering expertise, technologies and world-class facilities.   HWA’s 20+ years of experience and FIA GT1 era history with the race and road car development will make certain… Continue reading Apollo Automobil partners with HWA AG for the final dynamic development of the Apollo IE

Daimler to recall 774,000 Mercedes models due to emission ‘defeat devices’

The German Transport Ministry has ordered Mercedes-Benz to recall up to 774,000 cars across Europe after tests found they run unauthorised software, or a so-called defeat device, that could be used to manipulate diesel exhaust emissions. In an official statement, the German Transport Ministry said it had ordered Mercedes-Benz to immediately recall selected Vito, C-Class… Continue reading Daimler to recall 774,000 Mercedes models due to emission ‘defeat devices’

Daimler has to recall hundreds of thousands of cars

In the diesel scandal, the pressure on Daimler increases: Transport Minister Andreas Scheuer ordered the recall of nearly 240,000 cars in Germany. There are even three times as many across Europe. Daimler Transporter Vito (Stock Image) Monday, 11.06.2018 18:38 clock Because of inadmissible defeat devices has Federal Transport Minister Andreas Scheuer (CSU) an official recall… Continue reading Daimler has to recall hundreds of thousands of cars

Billions investment planned in Thuringia: Chinese are duping German industry with battery project

All articles and backgrounds 06/12/2018 Billions invested in Thuringia planned Chinese are duping German industry with battery project ford The Chinese battery giant CATL apparently wants to build a large production facility in Germany and invest up to one billion euros for it. News Agency reports “Bloomberg” and the “Thuringian General” According to the announcement… Continue reading Billions investment planned in Thuringia: Chinese are duping German industry with battery project

Audi CEO named suspect in diesel case

Karin Matussek, Bloomberg News Published 7:51 a.m. ET June 11, 2018 Rupert Stadler, CEO of Audi AG (Photo: Michael Sohn / AP) The head of Volkswagen AG’s Audi brand was named a suspect in a Munich probe of diesel rigging, placing another senior executive under a cloud of suspicion almost three years after the company… Continue reading Audi CEO named suspect in diesel case

Daimler forced to recall Mercedes with defeat devices

The German government has ordered car maker Daimler to recall 238,000 vehicles in Germany after they were found to be fitted with emissions-cheating software. Across Europe a total of 774,000 diesel vehicles contain “defeat devices” and Daimler said it would recall them all. The diesel versions of the Mercedes C-Class, Vito and GLC models are… Continue reading Daimler forced to recall Mercedes with defeat devices

VW’s Skoda says might outsource production to meet demand

BERLIN (Reuters) – Volkswagen’s (VOWG_p.DE) Czech brand Skoda said on Monday it might outsource some production to a contract manufacturer as the division looks to respond to booming demand. FILE PHOTO: A Volkswagen (VW) logo is pictured next to a logo of Skoda during the second media day of the 86th International Motor Show in… Continue reading VW’s Skoda says might outsource production to meet demand