Daimler First-Quarter Earnings Mixed

Daimler Trucks Daimler Mercedes-Benz trucks (Guenter Schiffmann/Bloomberg)

Daimler AG reported lower first-quarter net income though revenue rose amid strong truck sales and record demand at its Mercedes-Benz Cars division.

Roger Gilroy | Staff Reporter
May 1, 2018
Business, Equipment, TCA

Daimler Trucks North America Donates $1 Million to North Carolina School


Daimler Trucks North America, Thomas Built Buses’ parent company, donated $1 million to support High Point University’s Congdon Hall and Congdon School of Health Sciences.

May 1, 2018

China’s Geely Is Buying $9 Billion Stake in Daimler

Daimler Building Alex Kraus/Bloomberg News

Chinese manufacturer Zhejiang Geely Holding Group Co. has acquired a stake worth about 7.3 billion euros ($9 billion) in Daimler AG to become the largest investor in the German automaker.

February 23, 2018
Business, Technology

Mercedes Plans More Drone Deliveries After 100 Perfect Flights

Delivery drone above a Mercedes-Benz Vito van Delivery drone above a Mercedes-Benz Vito van. (Daimler AG via Bloomberg News)

Mercedes-Benz, conducting the biggest test using drones to ship everyday items such as ground coffee and cellphones, said the mini-aircraft completed 100 drop-offs to strategically placed vans in Zurich with a perfect safety record, and more deliveries are planned for next year.

Elisabeth Behrmann | Bloomberg News
November 28, 2017
Business, Technology, Fuel

Daimler Steps Up Electric Truck Rollout as Tesla Rivalry Looms

Fuso eCanter truck Mark Kauzlarich/Bloomberg News

Daimler AG is stepping up plans to roll out electric-powered trucks as the world’s largest maker of commercial vehicles seeks to fend off newcomers like Tesla Inc. and Deutsche Post AG.

Joao Lima | Bloomberg News
October 30, 2017