Daimler AG, citing regulatory and trade headwinds, reported a decline in net income for the fourth quarter and full 2018 while revenue inched up in both periods amid an all-time record for global truck sales.
February 6, 2019Daimler AG News Updates
Daimler, Bosch Cruise Into Robotaxi Era With Slow Shuttles
Four years ago, Daimler AG dazzled with a self-driving luxury lounge in Las Vegas. This year the Mercedes-Benz maker is back at the annual Consumer Electronics Show, though with a more utilitarian slant: a bubble-like autonomous shuttle designed to reliably ferry people and goods around town at limited speeds.
January 7, 2019Daimler, Bosch to Offer Self-Driving Car Pilot
Mercedes-Benz parent company Daimler and auto supplier Bosch plan to launch a self-driving car pilot for the public in San Jose, Calif., in the second half of 2019.
November 8, 2018Daimler Cuts 2018 Outlook After Lower 3Q Projections
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.
October 19, 2018Daimler CFO Bodo Uebber Opts to Leave in Wake of Restructuring
Daimler AG Chief Financial Officer Bodo Uebber鈥檚 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.
October 9, 2018Daimler, Renault-Led Alliance Ready for Self-Driving, Mobility Cooperation
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.
October 3, 2018New Mercedes-Benz Actros Showcases Daimler鈥檚 Next-Gen Safety Technologies
HANOVER, Germany 鈥 Touting technology that is as 鈥渆asy to use as a smartphone,鈥 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.
September 18, 2018Amazon Orders 20,000 Mercedes Vans to Bolster Delivery Program
Daimler AG is emerging as a beneficiary of Amazon.com Inc.鈥檚 booming package-delivery needs, with the e-commerce giant ordering 20,000 of the German automaker鈥檚 Mercedes-Benz Sprinter vans.
September 5, 2018Daimler AG鈥檚 Board Approves Restructuring Aimed at Mastering Rapid Change
Daimler AG announced its board has approved a restructuring, first discussed in 2017, that would create three independent units under Daimler鈥檚 umbrella as a holding company after the most thorough due diligence in the company鈥檚 130-year history.
July 27, 2018Daimler Net Income, Revenue Down on Soft Total Sales
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.
July 26, 2018