State-owned Chinese automaker, BAIC, buys 5% stake in Daimler

2019-07-23 10:14

China's state-owned BAIC has taken a 5% stake in Daimler, whose top shareholder for the past year has been rival Chinese automaker Geely, the luxury German automaker said.

WATCH: BMW, Mercedes team-up on self-driving cars

2019-07-05 11:07

Some 1200 developers at BMW and Daimler will team up to develop automated driving technology, the companies said.

LIVE: Big year for Mercedes-Benz - All you need to know about Daimler's car plans

2019-05-22 09:45

The annual general meeting of Daimler AG will be held at Messe Berlin. Chairman of the supervisory board Manfred Bischoff and chairman of the board of management of Daimler AG and head of Mercedes-Benz cars, Dieter Zetsche, will speak.

Mercedes-Benz, Geely to develop next-gen Smart car

2019-03-28 10:20

Mercedes-Benz and Geely announced plans to develop the next generation of electric Smart cars to be made in China in a joint venture.

BMW and Mercedes to launch car- and ride-sharing JV

2019-02-22 13:09

Automakers Daimler, parent company of Mercedes-Benz, and BMW are formally launching their joint venture in services that make it possible to use their cars without necessarily owning one.

Daimler said to work with Geely on ride-hailing in China

2018-10-12 13:05

Daimler is working with its biggest investor to start ride-hailing and car-sharing services in China, taking on industry leader Didi Chuxing on its home turf.

Ford Fiesta XR2 MK1, Ferrari 612 Scaglietti... 149 classic cars to go under the hammer

2018-09-12 08:40

From fast Fords to fantastic Ferraris, a total of 149 stunning classics will be heading to auction in England during September.

German car parts giant Continental shares plummet

2018-08-22 13:06

Shares in German car parts giant Continental dropped more than 13% after the group said annual profits would be slashed by falling sales and higher costs.

EU carmakers 'inflating' emissions to skew carbon targets

2018-07-26 13:40

European Union carmakers may be submitting "inflated" figures for their vehicles' carbon dioxide emissions to soften future targets for reducing the greenhouse gas, European Commission documents seen by AFP show.

Global carmakers show off SUVs, electrics as China promises reforms

2018-04-25 08:46

Industry behemoths like Volkswagen, Daimler, Toyota, Nissan, Ford and others are displaying more than 1000 models and dozens of concept cars at the Beijing auto show.


WATCH: BMW and Daimler team up on automated driving

2019-07-06 11:07

Some 1 200 developers at BMW and Daimler will team up to develop automated driving technology, the companies said, the latest carmakers forced to pool their development resources at a time of shrinking margins.

WATCH: Daimler shares sink after warning on emissions probe costs

2019-06-25 21:59

Shares in Daimler sank after the Mercedes maker warned there would be no profit growth this year as costs related to emissions probes mount.

Global car sales slowdown drags down Mercedes-Benz maker

2019-04-26 11:16

German carmaker Daimler endured a weak start to 2019, echoing trouble at other major manufacturers, as a global economic slowdown weighed on sales, particularly in the big Chinese market.

WATCH: BMW, Mercedes-Benz join forces on self-driving tech

2019-02-28 15:03

BMW and Mercedes-Benz will oin forces to develop next-generation technologies for driver assistance systems, automated driving on highways and parking features.

Daimler cuts 2018 profit forecast on diesel woes

2018-10-21 15:04

German luxury automaker Daimler has again cut its profit outlook for 2018, warning that costs related to polluting diesel engines would drag down earnings.

'Our vision is to create a major global player' - BMW, Daimler's joint mobility company to based in Berlin

2018-09-20 17:20

BMW and Daimler AG plan to locate the headquarters of their proposed global mobility company in Berlin.

Aston Martin speeds towards October stock market listing

2018-09-10 12:42

Aston Martin, the luxury British sports car brand driven by fictional spy James Bond, said that it will launch in October on the London stock market.

German automaker Daimler halts Iran activities over US sanctions

2018-08-07 15:00

German automaker Daimler said it was halting its business activities in Iran after the United States re-imposed sanctions on Tehran.

Daimler cuts profit forecast, blaming US-China tariffs

2018-06-21 07:53

German luxury carmaker Daimler on Wednesday cut its profit forecast for 2018, blaming new tariffs on cars exported from the United States to China, amid lingering fears of a trade war between the world's biggest economies.

Daimler, VW face more recalls over emissions cheating - report

2018-02-19 07:23

German transport authorities will recall thousands more Daimler and Volkswagen vehicles, as the massive emissions cheating scandal that has engulfed the sector for more than two years shows no sign of going away.

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