Daimler AG news & latest pictures from ibtimes.com

Daimler AG (formerly DaimlerChrysler) is a German car corporation (not to be confused with the British Daimler Motor Company) and the world's thirteenth largest car manufacturer as well as the second largest truck manufacturer in the world. In addition to automobiles, Daimler manufactures trucks and provides financial services through its Daimler Financial Services arm. The company also owns major stakes in aerospace group EADS, high-technology and parent company of the Vodafone McLaren Mercedes racing team McLaren Group, and Japanese truck maker Mitsubishi Fuso Truck and Bus Corporation.

A Challenge For Tesla Semi? Freightliner Is Already Publicly Testing 38 All-Electric Trucks

Freightliner was acquired by Daimler AG in 1981, and now operates as Daimler Trucks North America with two all-electric truck models currently in development.

Mercedes driver Lewis Hamilton was recently crowned world champion for a seventh time

F1 Rumors: Mercedes Prepared If Lewis Hamilton Walks Away

Mercedes only has Valtteri Bottas signed up for the 2021 season but remains confident about retaining Lewis Hamilton.

F1 Rumors: Mercedes Geared To Meet Lewis Hamilton's Hefty Demands

Mercedes has made a breakthrough in its talks with Lewis Hamilton over a deal for the 2021 season.

F1 Rumors: Lewis Hamilton's Demands Revealed; Brit Racer Rejects Mercedes' Offer

Lewis Hamilton is currently a free agent after his Mercedes contract expired in December.

Daimler said its third-quarter earnings reflect a good performance as the world's auto market starts to improve

Daimler Lifts Outlook On Higher Third-quarter Profits

Daimler lifts outlook on higher third-quarter profits

Tesla is one of several major automakers suing the US government over tariffs on Chinese goods

Automakers Sue US Government Over Tariffs On Chinese Imports

Automakers sue US government over tariffs on Chinese imports

Mercedes Benz manufacturer Daimler expects to turn an operating profit for 2020 despite the coronavirus

Daimler Labor Leaders Reject Layoffs, Factory Closures Despite Coronavirus Impact

Daimler on Thursday reported second-quarter losses of $2.21 billion. It was in the middle of a restructuring when the coronavirus pandemic hit.

Daimler Posts Net Loss In Q2 But Eyes Coronavirus Recovery

Daimler posts net loss in Q2 but eyes coronavirus recovery

Aston Martin CEO Steps Down As 007 Carmarker Hits Skids

Aston Martin CEO steps down as 007 carmarker hits skids

Daimler have admitted that authorities are likely to discover more software rigging the level of emissions in their Mercedes-Benz cars

'Dieselgate' Recall Of More Mercedes Vehicles 'Likely'

'Dieselgate' recall of more Mercedes vehicles 'likely'

The cost of the emissions cheating scandal is being felt by Daimler shareholders, who are getting around a quarter of what they got last year in dividends

Daimler Profits Plunge In 2019 On 'Dieselgate' Costs

Daimler profits plunge in 2019 on 'dieselgate' costs

Electric shock to jobs: the costly switch to electric vehicles is pushing carmakers to shed jobs, with Mercedes-maker Daimler become the latest on Friday with a plan to cut at least 10,000 posts in the coming years

Daimler Layoffs: German Carmaker To Slash 15,000 Jobs

Daimler is set to cut 15,000 jobs by the end of 2022.

Daimler Sees New Diesel Charges Of Up To 1.5 Bn Euros In 2019

Daimler sees new diesel charges of up to 1.5 bn euros in 2019

The new ultraconnected cars being produced present targets for hackers, making cybersecurity an issue for the Consumer Electronics Show

Connected Cars Moving Targets For Hackers

Connected cars moving targets for hackers

Mercedes Recall: 744,000 Mercedes-Benz Recalled Due To Sunroof Defects

Mercedes-Benz has issued a sizable recall for models released over the course of a decade due to a sunroof defect.

Mercedes-Benz Job Cuts: Why Is The Automaker Cutting 1,100 Management Positions?

Daimler will cut 1,100 management jobs at Mercedes-Benz as it looks to reduce its costs by $1.1 billion.

The Wall Street sign is seen outside the New York Stock Exchange

Thursday's Stock Market Open: Trade Worries Weigh On Wall Street

Phase 1 of an overall deal to end the U.S.-China trade war calls for China to buy $50 billion in agricultural products annually but Chinese negotiators reportedly are cool to a U.S. proposal that it set up scheduled targets for the purchases.

The British pound tumbled after German Chancellor Angela Merkel was reported as saying a Brexit deal with London was "overwhelmingly unlikely."

Could Germany Be On The Brink Of Recession? Government Set To Release Economic Figures

The German government will announce whether the country has technically entered a recession or not on Thursday.

The US-China trade war has stunted the growth of European powerhouse Germany

Germany News: Exports Rise In September, Could Europe's Biggest Economy Avoid Recession?

Although Germany's economy is in dire straits, an unexpected increase in exports in September could be a sign of hope for the European economic powerhouse.

School Bus Recall 2019: More Than 50,000 Buses Recalled For Seat Safety Issue

Daimler Trucks North America has recalled 53,528 Thomas Built school buses for a seat safety issue.

Daimler said it was "in the company's best interest" not to contest the order

Daimler Asked To Recall Hundreds Of Thousands Of Diesel Vehicles

Germany's federal transport authority KBA has ordered Daimler to recall hundreds of thousands of diesel vehicles for breaking emissions rules, the auto giant says

Environmental News: Car Company Daimler To Provide Exhaust Upgrades For Older Mercedes-Benz Owners Due To Emissions Concerns

Some Mercedes-Benz owners in Germany with older vehicles may be eligible for an upgraded exhaust system, as German cities are now allowed to enact bans on heavily polluting diesel cars.

Daimler AG