If we are serious about growing the economy and creating jobs, we need to support these young people – even though they don't seem to expect any help or handouts, writes Melanie Verwoerd.
Showers late. Morning clouds. Mild.
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.
Some 1200 developers at BMW and Daimler will team up to develop automated driving technology, the companies said.
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 and Geely announced plans to develop the next generation of electric Smart cars to be made in China in a joint venture.
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 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.
From fast Fords to fantastic Ferraris, a total of 149 stunning classics will be heading to auction in England during September.
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.
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.
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.
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.
Shares in Daimler sank after the Mercedes maker warned there would be no profit growth this year as costs related to emissions probes mount.
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.
BMW and Mercedes-Benz will oin forces to develop next-generation technologies for driver assistance systems, automated driving on highways and parking features.
German luxury automaker Daimler has again cut its profit outlook for 2018, warning that costs related to polluting diesel engines would drag down earnings.
BMW and Daimler AG plan to locate the headquarters of their proposed global mobility company in Berlin.
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 said it was halting its business activities in Iran after the United States re-imposed sanctions on Tehran.
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.
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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