Daimler
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Only last month, Daimler CEO Dieter Zetsche revealed in an interview with Polish newspaper Rzeczpospolita that the company's 2014 divestiture of a stake in Tesla didn't exclude the possibility of a future cooperation between the two firms. Tesla CEO Elon Musk has since given similar comments, revealing via Twitter on Monday that a partnership involving the new Mercedes-Benz eSprinter was worth further investigation. “Maybe interesting to work with Daimler/Mercedes on an electric Sprinter,” Musk said. “That’s a great van. We will inquire.” Maybe interesting to...
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Daimler delivers first electric Mercedes-Benz bus in GermanyMercedes-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...
Sean Szymkowski -
Daimler open to another collaboration with Tesla
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...
Jeff Glucker -
Dieter Zetsche to pass Daimler leadership role to Ola Källenius in 2019
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...
Viknesh Vijayenthiran -
BMW and Daimler's joint mobility business will be based in Berlin
Daimler and BMW Group announced in March that the two rivals would join forces and combine their various mobility services under one equally owned joint venture. The two German auto giants have since confirmed that the mobility joint venture will be headquartered in Berlin. The company, which...
Sean Szymkowski -
Bosch and Daimler pick Nvidia AI chip for self-driving cars
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...
Viknesh Vijayenthiran -
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 idea of a joint compact car is stillborn, Automotive News (subscription required) reported on Friday that Nissan, Infiniti's parent make, is still committed to its Daimler partnership. The Japanese automaker did not, however, comment on the compact car project. The Nikkan Kogyo report claimed work on...
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Daimler recalls 774,000 diesel vehicles in Europe because of illegal emissions control devices
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...
Sean Szymkowski -
Daimler has 2 new electric trucks to counter the Tesla Semi
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...
Sean Szymkowski -
Volocopter needs improved infrastructure to see its autonomous drones take off
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...
Jeff Glucker -
Daimler and BMW Group merge mobility businesses
Daimler and the BMW Group on Wednesday announced they are joining forces in mobility services, the most popular of which today are ride-hailing and car-sharing services. The two automakers have signed an agreement to establish a joint-venture entity that will roll their various mobility services...
Viknesh Vijayenthiran -
The electric school bus of the future has arrived
If Daimler has its way, the wheels on the bus will go round and round via electric motors and battery packs in the very near future. Last Friday, Daimler subsidiary Thomas Built Buses revealed the all-electric Saf-T-Liner C2 "Jouley" school bus. The nickname "Jouley" comes from the word "Joule,"...
Sean Szymkowski -
Daimler’s Japanese truck brand Fuso used this week’s 2017 Tokyo Motor Show to present a heavy-duty electric truck. Called the E-Fuso Vision One, the truck’s debut also marked the launch of E-Fuso, Fuso’s new sub-brand for electric trucks and buses. The E-Fuso Vision One, although a concept, could be in production within the next four years, according to its maker. Don’t scoff. Fuso already has an electric truck in production. The brand in September unveiled the eCanter light-duty truck whose first customer was delivery firm UPS. The eCanter is suited to short...
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Daimler beats Tesla to electric truck production with Fuso eCanter
Tesla may have pushed back the reveal of its electric semi-trailer truck to October, but German auto giant Daimler is moving full-speed ahead with its own electric truck plans. This week Daimler, which owns the Mercedes-Benz and Smart car brands as well as the Freightliner and Western Star truck...
Sean Szymkowski -
Daimler invests in Volocopter flying car company
It seems Daimler wants a piece of the flying car market as it has sunk a $30 million investment into the German start-up Volocoptor. Volocoptor's ultimate goal is to develop a battery-electric flying taxi that could revolutionize transport. The goal is far from being realized, but Daimler, the...
Sean Szymkowski -
Daimler’s Futuristic Self-Driving Truck Hits U.S. Roads: Video
The future is coming up fast, with technologies that were once the domain of science fiction now being developed for commercial sale. Just last week Tesla Motors [NSDQ:TSLA] CEO Elon Musk announced new battery technology that has the potential to disrupt the energy industry, and now Daimler has...
Viknesh Vijayenthiran -
Mercedes Looks Into Autonomous Trucks
Long-haul truckers may not be too happy to hear it but according to Daimler board member Dr. Wolfgang Bernhard, "The truck of the future is a Mercedes-Benz that drives itself." These are no hollow words either, as the German automaker has completed its first public road test of an...
Antony Ingram -
Mercedes Parent Company Daimler Buys 12 Percent Of China’s BAIC
German auto giant Daimler, the parent company of Mercedes-Benz, is slowly expanding its interest in rival automakers. Already a shareholder in automakers such as Aston Martin, Renault Nissan and Tesla, Daimler has now finalized a deal to buy a 12 percent stake in Chinese automaker BAIC. This marks...
Viknesh Vijayenthiran -
Aston Martin, celebrating its centenary this year, has confirmed it has signed a Letter of Intent to form a wide-ranging technical partnership with Mercedes-Benz tuner AMG. A formal alliance deal is yet to be made though both parties are confident a definitive agreement can be reached before the end of the year. The proposed deal will provide Aston Martin with access to AMG’s vast array of performance technology, namely its bespoke engines, but also to certain electrical systems. The firms confirm that their respective engineering teams will also work together to optimize the...
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Daimler CEO Dieter Zetsche To Stay On For At Least Three More Years
Daimler’s supervisory board has decided to extend the contract of the company’s CEO and Chairman, Dieter Zetsche, for a further three years. This will see the German exec continue his role as CEO of both Daimler and its subsidiary Mercedes-Benz until the end of 2016. Though...
Viknesh Vijayenthiran -
Daimler Buys Into China's BAIC
The relationship between Mercedes’ parent Daimler and China’s Beijing Automotive Group (BAIC) isn’t a new one. Beijing Benz Automotive Company (BBAC) has been building Mercedes-Benz passenger cars since 2006, while another Beijing subsidiary began producing Auman-branded Mercedes...
Kurt Ernst -
China State Fund Seeks Stake In Daimler: Report
Chinese sovereign-wealth fund China Investment Corp. is reportedly seeking a stake in German auto giant Daimler, the parent of the Mercedes-Benz and Smart brands. The information was first reported by China’s People’s Daily newspaper, which said the wealth fund was looking to purchase...
Viknesh Vijayenthiran -
2013 Dodge SRT Viper Driven, Best Car To Buy Short List, BMW i Eco Concept: Car News Headlines
Today we tell you what it’s like to drive the all-new 2013 Dodge SRT Viper on the street and on the track. Though equipped with modern concessions to safety like electronic stability control, the new Viper is hardly what we’d call de-fanged. The list of Best Car To Buy candidates is...
Kurt Ernst -
Daimler Gains Full Control Of Mercedes-AMG Formula One Team
Daimler now has 100 percent of the shares in the Mercedes-AMG Formula One Team, following the decision by Abu Dhabi-based investment fund Aabar to sell its 40 percent stake in the team. Daimler joined with Aabar to purchase a controlling stake in the team in 2009, the same year in which it won both...
Viknesh Vijayenthiran
