Business, Technology, Equipment, Fuel

Daimler Restructuring ‘Dream Come True,’ Martin Daum Says

Daum Daum (Daimler AG)

The head of Daimler’s global truck operation believes the upcoming restructuring into a separate company positions it to accelerate growth in terms of both innovation and financial opportunity.

Joe Howard | Executive Editor
February 8, 2021
Business, Technology, Equipment

Volvo, Daimler Sign Binding Agreement for Fuel Cell Joint Venture

Daimler and Volvo Daimler's Daum (left) and Volvo's Lundstedt. (Daimler AG)

The Volvo Group and Daimler Truck AG announced they have signed a binding agreement covering a previously announced joint venture to develop, produce and commercialize fuel cell systems primarily for heavy-duty trucks as well as other applications.

November 3, 2020
Business, Technology, Fuel

Daimler Trucks Touts Global Plan for Vehicle Electrification

Mercedes-Benz GenH2 truck Series production start of Daimler's Mercedes-Benz GenH2 truck is planned for the second half of the 2020s. (Daimler AG)

Daimler Trucks announced hydrogen fuel cell heavy-duty trucks with a range of 621 miles (1,000 kilometers) on a single tank will be a key element of its global electrification strategy aligned with the goals of the Paris Climate Protection Convention.

Roger Gilroy | Senior Reporter
September 16, 2020
Government, Business, Fuel

Daimler to Pay $2.2 Billion to Settle US Diesel Issues

The Mercedes-Benz trident logo. Mercedes-Benz trident logo decal badges sit on a tray on the assembly line at the automaker's factory in Germany, operated by Daimler AG. (Michaela Handrek-Rehle/Bloomberg News)

Daimler AG will pay about $2.2 billion to settle U.S. diesel-emissions issues in the latest fallout from years of closer regulatory scrutiny on vehicle pollution.

August 13, 2020
Business, Technology, Safety, Autonomous

BMW, Daimler’s Self-Driving Venture May Attract Fiat Chrysler

BMW, Daimler A Mercedes-Benz V-Class van stands parked during a Daimler autonomous driving and artificial intelligence demonstration. (Michaela Handrek-Rehle/Bloomberg News)

BMW AG and Daimler AG’s self-driving car venture may attract more partners, with Fiat Chrysler Automobiles NV a front-runner to get on board at a time when the German automakers are working to select suppliers by the end of the year.

Christoph Rauwald | Bloomberg News
January 14, 2020
Business, Technology, Logistics

BMW-Daimler Ride-Hailing Venture Steps Up Uber Challenge

Daimler BMW CEO Harald Krger (left) and Daimler CEO Dieter Zetsche. (Krisztian Bocsi/Bloomberg News)

FreeNow, the ride-hailing venture owned by Daimler AG and BMW AG, expects to double revenue this year and next in a fresh challenge to Uber Inc. in Europe and Latin America.

Christoph Rauwald | Bloomberg News
December 16, 2019
Business, Technology, Equipment

Daimler AG to Cut Thousands of Jobs by 2022

Daimler Equipment is set into a truck chassis at Freightliner's Cleveland, N.C., plant. Freightliner is a subsidiary of Daimler Trucks North America. (Freightliner via YouTube)

Daimler AG, the parent company of Mercedes-Benz and Daimler Trucks, announced it will eliminate thousands of jobs worldwide by the end of 2022 amid weakening car sales in China and the costly push to develop electric vehicles.

Roger Gilroy | Senior Reporter
December 2, 2019
Government, Business, Technology, Safety, Autonomous

Daimler Rolls Back Autonomous Taxi Plan, Focuses on Trucks

Daimler A Mercedes-Benz Vision Urbanetic autonomous electric passenger car. (Sean Gallup/Getty Images via Bloomberg News)

Daimler chairman Ola Kaellenius recently announced that the company was taking a “reality check” on autonomous taxis and focusing on self-driving longhaul trucks instead.

Leonid Bershidsky | Bloomberg Opinion
November 18, 2019
Business, Technology, Fuel

Daimler Sees Hydrogen Fuel Cells as Part of Trucking’s Future

Daimler's Roger Nielsen Daimler's Roger Nielsen by John Sommers II for Transport Topics

ATLANTA — Daimler Trucks has been investing heavily in battery-electric commercial vehicles, but the manufacturer also sees a place for hydrogen fuel-cell technology in the transportation industry’s long-term move toward zero emissions.

Seth Clevenger | Managing Editor, Features
October 30, 2019
Business, Technology, Equipment

Daimler Trucks Introduces Dynamic Lease Program

Daimler's Roger Nielsen discusses Dynamic Leasing Daimler's Roger Nielsen discusses the Dynamic Lease program. (John Sommers II for Transport Topics)

ATLANTA — Daimler Trucks North America introduced a dynamic lease program that uses connected-vehicle technology to enable a “pay-as-you-drive” financing option.

Seth Clevenger | Managing Editor, Features
October 28, 2019