Cabovers Key to Daimler’s Strategy in Mexico

Freightliner 2528 Freightliner's 2528 Class 8 Cabover courtesy of Daimler

PUERTO VALLARTA, Mexico — The recent introduction of Class 6 and Class 8 cabover models to the Mexican market is a key part of Daimler Trucks Mexico’s strategy in its home market, and a competitive response to the segment’s growth in the country, the company’s president said.

Joe Howard | Executive Editor
November 29, 2017
Business, Equipment

Truck Makers Point to Improving Market in 3Q

Mercedes Trucks Guenter Schiffmann/Bloomberg News

Truck makers highlighted growing demand for their equipment in third-quarter earnings reports even as they posted mixed results. One saw profitability slip but revenue climb, while two others reported an increase in net income and revenue.

Roger Gilroy | Staff Reporter
November 1, 2017
Business, Technology, Equipment, Fuel

Daimler Steals Tesla’s Thunder With Heavy-Duty Electric Truck

Daimler Trucks

Daimler AG is jumping the gun on Tesla Inc. by showing off a battery-powered heavy-duty truck weeks before the California electric-car maker’s own planned unveiling, in a sign of the growing rivalry between the companies.

Elisabeth Behrmann | Bloomberg News
October 26, 2017
Government, Business, Technology, Equipment

Volkswagen and Daimler Inspected by EU as Cartel Probe Widens

Alex Kraus/Bloomberg News

Volkswagen AG and Daimler AG were inspected by European Union antitrust investigators as the EU stepped up a probe into allegations the German car industry colluded on technology for decades.

Aoife White Elisabeth Behrmann and Karin Matussek | Bloomberg News
October 23, 2017
Government, Business, Equipment

BMW Raided in Collusion Probe as Daimler Blows Whistle to EU

Matthias Schrader/AP Photo

BMW AG said it was raided by European Union antitrust watchdogs this week as the EU ramped up a probe into the German car industry following reports that carmakers colluded on technology for decades.

Gaspard Sebag Elisabeth Behrmann and Stephanie Bodoni | Bloomberg News
October 20, 2017

Analysis: Let’s Give a Blast of the Air Horn for Global Truck Boom

Emanuel Sirbu/Flickr

It’s rare that major economies all grow at the same time. For investors that’s sometimes frustrating. There’s always at least one country—Brazil, Russia, wherever—blotting a multinational’s otherwise decent set of numbers.

Chris Bryant | Bloomberg News
October 20, 2017
Business, Technology, Equipment

Daimler Takes Steps to Separate Car, Truck Units

Daimler AG CEO Dieter Zetsche Daimler AG CEO Dieter Zetsche. (Balint Porneczi/Bloomberg News)

Daimler AG announced it is taking steps to separate its Daimler Trucks & Bus and Mercedes-Benz Cars & Vans divisions into two legally independent and more entrepreneurial entities still under the “roof and the lead” of Daimler.

Roger Gilroy | Staff Reporter
October 19, 2017
Business, Technology, Equipment, Autonomous

Daimler Moves to Separate Mercedes, Trucks to Counter Tech Shift

Balint Porneczi/Bloomberg News

Daimler AG is firming up plans for its biggest corporate overhaul in a decade, granting its cars and trucks operations more independence in a bid to become more nimble and better confront the disruptive shift to self-driving electric vehicles.

Elisabeth Behrmann | Bloomberg News
October 16, 2017
Business, Technology, Equipment, Autonomous

Mercedes Will Deliver a Bag of Coffee to You by Drone in Zurich

Mercedes-Benz Vans

Mercedes-Benz is taking the next step in an ambitious project to use drones for same-day delivery, with a three-week pilot in Zurich that will see mini copters shuttle bags of ground coffee to fixed points in the city.

Elisabeth Behrmann | Bloomberg News
September 28, 2017
Business, Technology, Equipment

Daimler Trucks Backs StoreDot Fast-Charging Battery Startup


Daimler AG’s truck division is investing in Israeli battery-technology startup StoreDot Ltd., tapping into a supplier that seeks to enable electric vehicles to recharge as quickly as combustion-powered models can refuel.

Gwen Ackerman and Elisabeth Behrmann | Bloomberg News
September 20, 2017