Daimler

Daimler will seek to end old ties and cut jobs as it looks to reduce costs in light of falling profits and increased investment required for new technologies.

The commercial vehicle arm of Mercedes-Benz parent company Daimler on Friday announced it acquired a majority stake in Torc Robotics, a company based in Blacksburg, Virginia, developing self-driving systems for multiple vehicle categories, ranging from SUVs to 300-ton mining trucks. The deal, which...

BMW and Mercedes-Benz parent company Daimler appear to be setting aside their decades-old rivalry for the good of cost-cutting. A new report claims the two German auto giants will pursue joint development of a platform for future electric cars. For BMW, this model is reportedly set to be called the...

We don't know when or if self-driving cars will take over the roadways, but it's inevitable they'll change the way we spend time in the car. Mercedes-Benz's parent company, Daimler, recognizes that massive changes are afoot and has launched a competition called the In-Car Gaming Challenge to...

BMW Group and Daimler will partner on self-driving cars, the two automakers announced Thursday. The announcement follows last week's briefing on a 50:50 joint-venture company BMW and Daimler have set up to oversee all of their various mobility services under the one roof. In the area of...

German automaker Daimler revealed the new Freightliner Cascadia at the 2019 Consumer Electronics Show on Monday and also announced a major new investment into self-driving technology. Daimler said it has earmarked $570 million for investment in self-driving semi trucks in the coming years. The goal...

Long-time Daimler CEO Dieter Zetsche will step down at the end of this year and hand the top leadership role to current sales chief Ola Källenius in 2019, but he's already on the hunt for a new job. Well, not really. But Zetsche gave his departure a characteristically comedic twist in a...

Daimler and BMW Group are preparing for a future where car ownership, especially in major cities, could become a thing of the past. The two German auto giants in March announced plans to merge their various mobility services into a 50:50 joint-venture company headquartered in Berlin, and on...

German automaker Daimler has put its money where its mouth is with its promise of a fully electrified future: the company announced Tuesday that it will purchase $22.75 billion worth of batteries through 2030. The automaker has plans to not only go all-in on electrification for the Mercedes-Benz...

It will require years of research and technology implementation before self-driving cars are a common sight. Until then, some automakers aren't only working on the tech itself, but also developing ways for self-driving cars to communicate with pedestrians. Mercedes-Benz parent Daimler showed off...

Mercedes-Benz's first electric bus is now ready to hit the streets in the city of Hamburg, Germany. Parent company Daimler announced Thursday the first of 20 Mercedes eCitaro buses was handed over to Hochbahn, a public transport company in the city. The eCitaro made its debut in September and...

Daimler and Bosch, two giants of the auto industry, have been jointly developing a self-driving system which they will be ready to trial in the second half of 2019. The first of the trials will be run in the heart of Silicon Valley, specifically between downtown and west San José along the...

At one point, Daimler owned 10 percent of Tesla. That was back in 2009 when the German auto giant acquired stock in Tesla in an effort to collaborate and develop electric car technology. However, as it started to become clear that electric cars were popular with some buyers, Daimler in 2014 decided...

German auto giant Daimler and its Chinese shareholder Zhejiang Geely Holding Group have joined forces to take on the booming ride-hailing market in China, which is currently dominated by Didi Chuxing. The two automakers on Wednesday announced they will form a 50:50 joint venture to offer various...

A high-level executive shuffle is underway at German auto giant Daimler, parent of the Mercedes-Benz and Smart brands. Daimler confirmed Wednesday that longtime CEO Dieter Zetsche will pass the reins to current sales chief Ola Källenius in 2019. Källenius will also be responsible for the...

Bosch and Daimler, two of Germany's biggest automotive firms, announced Wednesday that they have selected Nvidia's Drive Pegasus artificial intelligence computer chip and supporting software to power their future self-driving systems. The computer chip can handle over 320 trillion operations per...

In 2010, Renault-Nissan and Mercedes-Benz parent company Daimler agreed to a share-trading partnership that was rumored to birth a new luxury-compact car. Eight years later, a new report claims that vehicle is dead. Following a report from the daily business publication Nikkan Kogyo claiming the...

Daimler, the parent company of Mercedes-Benz, has been ordered to recall some 774,000 vehicles in Europe after German transportation officials allegedly found up to five illegal emissions control devices on a handful of cars. According to Bloomberg, the German newspaper Bild am Sonntag reported...

Daimler has aggressively moved to carve its niche in the electric commercial vehicle space, and the German auto giant has two new offerings for the North American market. Introduced under the Freightliner brand, the eCascadia and eM2 trucks mark Daimler's expansion into the electric heavy- and...

The promise of flying cars has been replaced with the vision of autonomous drones. Neither one is a reality at the moment, but Volocopter is determined to make the latter come to fruition. With the backing of Daimler, it at least has the resources available to work out a way to bring such a concept...