Cabovers Key to Daimler’s Strategy in Mexico
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.
Truck Makers Point to Improving Market in 3Q
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.
Daimler Steals Tesla’s Thunder With Heavy-Duty Electric Truck
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.
Volkswagen and Daimler Inspected by EU as Cartel Probe Widens
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.
BMW Raided in Collusion Probe as Daimler Blows Whistle to EU
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.
Analysis: Let’s Give a Blast of the Air Horn for Global Truck Boom
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.
Daimler Takes Steps to Separate Car, Truck Units
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.
Daimler Moves to Separate Mercedes, Trucks to Counter Tech Shift
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.
Mercedes Will Deliver a Bag of Coffee to You by Drone in Zurich
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.
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.