FRANKFURT, Germany (AP) — German automaker Daimler will split itself into two independent companies by spinning off its truck and bus division, a move the company said would give both the freedom to operate more nimbly in a fast-changing environment focussed on zero-emission vehicles and software. The Stuttgart-headquartered company said Wednesday that a significant majority… Continue reading Daimler to spin off trucks, change name to Mercedes-Benz – Seattle PI
Tag: Mobility
Lewis Hamilton: Mercedes’ star big fear, New deal ‘confirmed’, Toto Wolff skipped in talks – Daily Express
Lewis Hamilton is yet to sign a new contract with Mercedes ahead of the 2021 season. With testing a little over a month away, we round up the latest on the seven-time world champion, including whether a new deal is deemed likely at present. Hamilton’s big fear Hamilton feared that he would only be a… Continue reading Lewis Hamilton: Mercedes’ star big fear, New deal ‘confirmed’, Toto Wolff skipped in talks – Daily Express
Innolith Appoints Automotive & Mobility Expert Stefan Knupfer as Chairman
BASEL, Switzerland, Feb. 4, 2021 /PRNewswire/ — Innolith AG today announces that Stefan M. Knupfer, a McKinsey Senior Partner, has been appointed to the Board of Innolith AG in the position of Chairman of the Board. He takes over from Konstantin Solodovnikov, who will continue serving on the Board of Innolith AG and in his… Continue reading Innolith Appoints Automotive & Mobility Expert Stefan Knupfer as Chairman
Ford Motor terminates electric vehicle plans with China’s Zotye
By Reuters Staff 2 Min Read Slideshow ( 2 images ) SHANGHAI (Reuters) – Ford Motor has decided to terminate plans to launch electric vehicle joint ventures with China’s Zotye Automobile, the U.S. auto giant said on Thursday. It said that China’s electric vehicle industry and government policies had undergone major changes since the agreements… Continue reading Ford Motor terminates electric vehicle plans with China’s Zotye
@Daimler: Daimler plans separation
Intention to split Daimler’s industrial businesses and establish two independent pure-play companies Spin-off and separate listing of Daimler Truck planned Significant majority stake to be distributed to current Daimler shareholders Intention to rename Daimler as Mercedes-Benz at the appropriate time Mercedes-Benz will be the world’s pre-eminent luxury car business, committed to leading in electric drive… Continue reading @Daimler: Daimler plans separation
@Toyota: Toyota Shares Messages of Hope, Strength, and Social Responsibility in Big Game
60-second and five-second spots highlight company’s belief in Respect for People PLANO, Texas (February 3, 2021) – Toyota Motor North America (TMNA) returns to advertise in the Big Game with a 60-second ad that shares an uplifting message of hope and strength, as well as a five-second “billboard” that encourages people to think about the… Continue reading @Toyota: Toyota Shares Messages of Hope, Strength, and Social Responsibility in Big Game
@BMW: BMW i Ventures Funds Vendia to Disrupt How Corporations Share Data.000887
Mountain View, CA – February 3, 2021… BMW i Ventures announced today an investment in the Series A financing round of Vendia, which has developed a serverless, distributed data and code-sharing platform that is disrupting how enterprises share data and code with partners. Vendia’s innovative platform provides a secure way for corporations to share vast… Continue reading @BMW: BMW i Ventures Funds Vendia to Disrupt How Corporations Share Data.000887
Daimler to spin off truck unit, give clear investor focus on Mercedes-Benz
By Nick Carey 2 Min Read (Reuters) – German carmaker Daimler plans to spin-off Daimler Truck, the world’s largest truck and bus maker, as it seeks to increase its investor appeal as a focused electric, luxury car business. FILE PHOTO: Ola Kaellenius, chairman of Daimler AG attends the presentation of the new Mercedes-Benz S-Class at… Continue reading Daimler to spin off truck unit, give clear investor focus on Mercedes-Benz
@Ford: Ford January Retail Sales Outpaced Overall Industry Retail by Four Percentage Points on Strong Truck and SUV Sales; F-Series Starts The Year As America’s Best-Selling Truck; Ford Brand SUVs Post Record January Start; Lincoln SUVs Post Best Retail Sales In 20 Years
About Ford Motor Company Ford Motor Company (NYSE: F) is a global company based in Dearborn, Michigan. The company designs, manufactures, markets and services a full line of Ford cars, trucks, SUVs, electrified vehicles and Lincoln luxury vehicles, provides financial services through Ford Motor Credit Company and is pursuing leadership positions in electrification; mobility solutions,… Continue reading @Ford: Ford January Retail Sales Outpaced Overall Industry Retail by Four Percentage Points on Strong Truck and SUV Sales; F-Series Starts The Year As America’s Best-Selling Truck; Ford Brand SUVs Post Record January Start; Lincoln SUVs Post Best Retail Sales In 20 Years
Daimler to spin off trucks in shift to electric, self-driving vehicles
By Reuters Staff 2 Min Read FILE PHOTO: Daimler AG sign is pictured at the IAA truck show in Hanover, Germany, September 22, 2016. REUTERS/Fabian Bimmer/File Photo/File Photo (Reuters) – German carmaker Daimler plans to spin-off Daimler Truck, the world’s largest truck and bus maker, to allow it to focus on zero-emission vehicles and self-driving… Continue reading Daimler to spin off trucks in shift to electric, self-driving vehicles