news

Mercedes sold 404,700 cars in the quarter.

Daimler AG has posted earnings before interest and taxes of €5.242 billion for the second quarter, compared to €2.268 billion in the second quarter of 2012. The massive result is due to the company selling €3.2 billion in shares fro...

Daimler AG, which controls Mercedes-Benz, Smart and several heavy truck brands, has set its highest net profit ever with €6 billion in 2011. That is significantly higher than 2010's €4.6 billion profit. “The Group achieved ...

The two recently became official partners

Daimler and its Chinese financial partner Beijing Auto say that they will introduce a Denza EV hatchback at the Beijing Auto Show in April 2014 and go on sale in the summer. The vehicle has been in development since 2010 with Daimler and Beiji...

Daimler and Chinese automaker BYD are cooperating to create a new electric car brand called Denza. It will be developed in China and aimed specifically at the Chinese market. Ownership of Denza is split 50-50 between Daimler and BYD. Denza will sh...

It will research CFRP material while simultaneously finding production methods

Daimler and the University of Stuttgart’s Institute for Aircraft Design have begun a joint research project to create new production processes for lightweight materials like carbon fiber reinforced plastic. The study will be done at the AREN...

It includes 170 chargers and a fleet of 260 EVs

Daimler is starting a new pilot program called "charge@work” that is installing 170 EV chargers at five Daimler plants in Stuttgart and creating a fleet of 260 EVs to be shared by employees. The federally sponsored test aims to deve...

First foreign automaker to buy into China

Daimler has bought a 12% stake in Chinese automaker Beijing Automotive Group (BAIC), which makes it the first foreign automaker to buy a stake in a Chinese automaker. The deal will also give Daimler two seats on BAIC's Board of Directors. Beca...

He will use the modified M-Class on his trip to Brazil

Daimler Chairman Dr. Dieter Zetsche has given Pope Francis the key to a new Popemobile for his upcoming trip to Brazil at the end of July. The car is built from a modified M-Class SUV. “We are delighted that His Holiness Pope Francis has...

New stakeholder Investindustrial wants to take advantage of old connections

Daimler Chairman Dr. Dieter Zetsche says that he is open to supplying components to Aston Martin as long as it is limited to a few thousand cars and does not interfere with AMG's work.  "If a company that sells a few thousand veh...

Finding out about traffic jams has gotten easier with GPS traffic monitoring, but what about other driving emergencies, like icy bridges? Daimler has developed the technology to beam emergency information directly to its cars.  The system...