Daimler Restructuring ‘Dream Come True,’ Martin Daum Says
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.
February 8, 2021Volvo, Daimler Sign Binding Agreement for Fuel Cell Joint Venture
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, 2020Daimler Trucks Touts Global Plan for Vehicle Electrification
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.
September 16, 2020Daimler to Pay $2.2 Billion to Settle US Diesel Issues
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, 2020BMW, Daimler’s Self-Driving Venture May Attract Fiat Chrysler
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.
January 14, 2020BMW-Daimler Ride-Hailing Venture Steps Up Uber Challenge
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.
December 16, 2019Daimler AG to Cut Thousands of Jobs by 2022
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.
December 2, 2019Daimler Rolls Back Autonomous Taxi Plan, Focuses on Trucks
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.
November 18, 2019Daimler Sees Hydrogen Fuel Cells as Part of Trucking’s Future
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.
October 30, 2019Daimler Trucks Introduces Dynamic Lease Program
ATLANTA — Daimler Trucks North America introduced a dynamic lease program that uses connected-vehicle technology to enable a “pay-as-you-drive” financing option.
October 28, 2019