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Daimler AG on Oct. 19 cut its earnings outlook this year for the Mercedes-Benz Cars and Daimler Buses divisions and for the Daimler Group.

Daimler AG Chief Financial Officer Bodo Uebber’s decision to leave the maker of Mercedes-Benz luxury cars marks the first top-level departure after the German manufacturer picked Ola Kallenius as CEO starting next year.

Daimler AG and the Renault-Nissan-Mitsubishi alliance see opportunities to collaborate on mobility offerings as well as connected and self-driving cars, a move that would push their partnership into new territory.

HANOVER, Germany — Touting technology that is as “easy to use as a smartphone,” Daimler AG on Sept. 18 showcased safety systems on the next generation of its global highway tractor that it said points the way forward for connectivity in the commercial sector.

Daimler AG is emerging as a beneficiary of Amazon.com Inc.’s booming package-delivery needs, with the e-commerce giant ordering 20,000 of the German automaker’s Mercedes-Benz Sprinter vans.

Daimler AG announced its board has approved a restructuring, first discussed in 2017, that would create three independent units under Daimler’s umbrella as a holding company after the most thorough due diligence in the company’s 130-year history.

German car and truck maker Daimler AG reported second-quarter net income and revenue fell amid a slight increase in overall vehicle sales, driven by larger gains at its Mercedes-Benz Vans and Daimler Trucks units.

Phillips Connect Technologies, a business of Phillips Industries, completed the purchase of Fortech Poland, a manufacturer and distributor of quality 24-volt electrical connectors and cables for commercial vehicles with a broad and established customer base primarily in the European Union market.

Daimler AG lowered estimates of its earning potential for 2018 as its car unit feels the effect of higher tariffs.

Daimler AG could split its truck unit and passenger-car business into separate companies, but it’s not a necessity and won’t happen unless stockholders want it to.