Jury Issues $51 Million Verdict Against Daimler
A jury in New Orleans has issued a $51.5 million judgment against Daimler Trucks North America after a 2012 incident that left a woman badly injured.
April 17, 2016Wurst-Case Scenario: Sausage Hog Sparks Shout-Fest at Daimler Annual Meeting
As Daimler AG shareholders approved the biggest dividend in the company’s history, two investors got into a fight at its annual general meeting over complimentary sausages.
April 6, 2016Daimler's Autonomous Platoon Debuts on Germany's Autobahn
DÜSSELDORF, Germany — Daimler Trucks demonstrated what it called the next milestone in autonomous driving by running a three-truck platoon on a public stretch of the autobahn.
March 28, 2016Analysis: Trucks Make Everyone Smarter in Bernhard’s Connected Vision
DÜSSELDORF, Germany — Wolfgang Bernhard, the head of Daimler AG’s global truck and bus unit, said the connected truck — beyond being a benefit to the entire supply chain — offers technology that leads to a “happy driver.”
March 28, 2016Daimler Demonstrates Three-Truck Platoon in Germany
DUSSELDORF, Germany — Daimler Trucks demonstrated a three-truck platoon on the Autobahn here March 21 as part of an event to spotlight the growing importance of connectivity.
March 22, 2016Daimler Expects to Fight Chinese Rivals for Iran Truck Market
Daimler AG, seeking to regain its position as one of the leading truck makers in Iran after a six-year absence, is bracing for a fight in the reopened market with now-entrenched Chinese rivals.
February 22, 2016Daimler Announces Additional Layoffs at Truck Plants
Daimler Trucks North America announced another round of layoffs that includes about 700 workers from its medium-duty plant in Mount Holly, North Carolina, and an additional 500 at its Class 8 plant in Cleveland, North Carolina.
February 16, 2016Truck Profit Growth Helps Daimler AG Improve Results
Stronger results at Daimler AG’s heavy-truck business helped the German vehicle maker post earnings growth of 20% in the fourth quarter and 36% in 2015, producing the best sales year since 2006 with a total of 502,500 units.
February 4, 2016Daimler Trucks to Return to Iran With Production, Sales Accords
Daimler AG reached preliminary agreements to restart sales and local production of trucks in Iran as the lifting of global trade sanctions opens the oil-rich Middle Eastern nation to European investments.
January 20, 2016Daimler Trucks to Cut Its Workforce at Cleveland, N.C., Factory by 30%
Daimler Trucks North America announced plans to lay off an estimated 936 employees, or 30% of the 3,100 workers at its Cleveland Truck Manufacturing Plant in North Carolina, which makes heavy-duty Freightliner and Western Star trucks.
January 11, 2016