Geely chairman acquires 9.7% holding in Daimler
Li Shufu, founder of Chinese automotive firm Geely, has acquired a 9.7% share in Daimler, becoming the biggest shareholder in the company.
Li Shufu, founder of Chinese automotive firm Geely, has acquired a 9.7% share in Daimler, becoming the biggest shareholder in the company.
Berlin’s public transportation authority, Berliner Verkehrsbetriebe (BVG), has teamed up with the ViaVan joint venture between Mercedes-Benz Vans and US technology start-up Via to introduce
Daimler has acquired a majority stake in French Uber rival Chauffeur Privé, with a view to fully acquiring it by 2019.
Renault-Nissan-Mitsubishi Alliance and Daimler have together developed a new petrol engine, said to be cleaner, more efficient and offer more torque.
Daimler is planning to restructure the group to make its Mercedes-Benz Cars & Vans and Daimler Trucks & Buses divisions into legally independent entities.
Daimler Mobility Services has acquired German ridesharing start-up flinc GmbH for an undisclosed amount.
US peer-to-peer car sharing startup Turo has received investment of US$92 million under a financing round co-led by Daimler Mobility Services and South Korea’s SK
Daimler will offer a free software upgrade for around three million diesel vehicles, said to curb harmful nitrogen-oxide (NOx) emissions in real-world use.
Daimler and Chinese auto manufacturer BAIC have signed a deal to further strength their strategic collaboration through investments for ‘New Energy Vehicles’ including EVs in
Daimler has broken ground on a new battery plant, which will play a vital role in its electric vehicle offensive for the next few years.
Daimler AG is launching a new division to offer connectivity services for fleet and business customers of all sizes.
Daimler Financial Services AG is investing an undisclosed amount in AutoGravity, a startup founded in late 2015 in Irvine, California, as part of its growth
Daimler is to make self-driving Mercedes-Benz vehicles for the Uber ride-sharing network under a new agreement.
Daimler Financial Services AG is acquiring the electronic payment services provider PayCash Europe SA for an undisclosed amount.
The new plant will be sited in Jawor and will produce engines under the responsibility of the newly established company Mercedes-Benz Manufacturing Poland. The factory
Daimler is to merge taxi hailing app Hailo into its Mytaxi e-hailing service, creating what’s said to be the largest mobility business of its kind
Daimler has bought European leasing firm Athlon for €1.1bn from the Dutch firm Rabobank. The consolidated fleet operations will operate under the Athlon brand and will strengthens
The carmaker reported a 12% rise in the number of vehicles sold worldwide to 2.9 million units. Growth was primarily driven by the Mercedes-Benz
The new entity will be responsible for the group's full commercial vehicles portfolio in the region – from the Mercedes-Benz Citan city van to the
The contract was first signed in September 2012 and has been continued for another three years under the deal. The initial project focus on studying
German trade magazine Auto Bild has said the BMW X3 xDrive 20d exceeded the Euro 6 limits on nitrogen oxide emissions more than 11-fold in
Owned 50:50 by the two groups, the COMPAS (Cooperation Manufacturing Plant Aguascalientes) plant will build next-generation premium compact vehicles for Mercedes-Benz and Infiniti following an
Audi AG, the BMW Group and Daimler AG have acquired mapping company HERE from the Nokia Corporation, aiming to create an open platform for next-generation
Located in Aguascalientes in central Mexico, the new JV is called COMPAS (Cooperation Manufacturing Plant Aguascalientes) and is owned 50:50 by the two firms. The
The project will create a new mid-size pickup for Mercedes-Benz, focusing on Europe, Australia, South Africa and Latin America. IHS Automotive senior analyst Stephanie Brinley
The pickup will share some of its architecture with the new Nissan NP300 but will be engineered and designed by Daimler to meet specific needs
In a statement, smart boss Annette Winkler said: ‘Smart fortwo and smart forfour had a strong start in the market at the end of November. In 2015 we
In a statement, the carmaker said that: ‘We are extremely satisfied with the development of our investment in Tesla, but it is not necessary for
Daimler and BAIC Motor will invest a total of approximately €4bn in their joint venture BBAC by 2015, including a pledge of €1bn for the
First launched in 2010, the original cooperation covered three projects primarily in Europe. This has now quadrupled to 12 projects across in Europe, Asia and