#DAIMLER

Mercedes Unveils Electric MPV

Daimler AG’s Mercedes-Benz unit has taken the wraps off the production version of its all-electric EQV van this week ahead of the vehicle’s public unveiling at next month’s Frankfurt auto show.
#MercedesBenz #europe #HP

Hybrid

Mercedes Adds Plug-In Hybrid Variants

Daimler AG’s Mercedes-Benz unit is launching plug-in hybrid versions of its entry-level A- and B-Class cars.
#europe #Daimler #HP

Sales

Mercedes Continues to Outsell Audi, BMW in China

Daimler AG’s Mercedes-Benz brand outsold rivals Audi and BMW through the first seven months of 2019, Automotive News reports.
#asia #MINI #Daimler

Business

BMW’s New CEO to Staff: Think Positively

New BMW CEO Oliver Zipse is urging staffers to think ahead about how to outsell rival Daimler AG and its Mercedes-Benz brand.
#europe #BMW #Daimler

Business

Freightliner Launches Electric Trucks in U.S.

Daimler AG’s Freightliner heavy-duty truck unit is launching full electric versions of the Cascadia big rig this month in the U.S.
#Freightliner #europe #Daimler

Hybrid

Mercedes to Show New EV in Frankfurt

Daimler AG’s Mercedes-Benz unit will unveil a new electric vehicle at next month’s Frankfurt auto show.
#Daimler #MercedesBenz #europe

Diesel

Report: Daimler May Face €1 Billion Diesel Fine

Daimler AG could face fines between €800 million and €1 billion ($897 million-$1.1 billion) by year-end for a variety of violations of European Union diesel emission rules, Der Spiegel reports.
#Daimler #europe #MercedesBenz

Regulations

Senators Urge Carmakers to Back Calif. Fuel Economy Plan

Thirty U.S. senators are asking 13 carmakers to throw their support behind a California proposal to raise average fuel economy 28% between 2021 and 2026, The Detroit News reports.
#Mazda #Hyundai #Porsche

Regulations

Daimler Offers Subsidies to Retrofit Diesels

Daimler AG plans to pay owners of its older diesel models in Germany €3,000 ($3,400) to upgrade the emission control systems on their vehicles.
#europe #Daimler

Economics

Auto Slowdown Threatens German Economy

Production by Germany’s automotive sector shrank 12% in the first half of 2019, threatening the health of the country’s economy.
#Daimler #europe #Volkswagen

Regulations

Euro Noise Regs Quiet Mercedes-AMG Models

Tighter noise regulations in Europe have pushed Daimler AG’s Mercedes-AMG unit to tone down the exhaust nodes of its performance cars.
#Daimler #europe #tech

Economics

Daimler Posts Net Loss as Revenue Rises

Daimler AG posted a net loss attributable to shareholders of €1.3 billion ($1.4 billion) in the second quarter, reversing a €1.7 billion gain in the same period last year.
#Takata #europe #Daimler

Economics

BAIC Buys 5% Stake in Daimler

China’s BAIC Group (Beijing Automotive Industry Holding Co.) has acquired a 5% stake worth €2.5 billion ($2.8 billion) in Daimler AG.
#asia #europe #BAIC

Infrastructure

Bosch, Daimler to Start Driverless Parking Tests

Robert Bosch GmbH and Daimler AG have been approved to begin testing their automated parking system without a safety driver in Stuttgart, Germany.
#tech #europe #Daimler

Business

Turo Lands $250 Million in New Funding

InterActiveCorp is investing $250 million in Turo Inc., a San Francisco-based peer-to-peer car-sharing company.
#Daimler

Zetsche Faces Challenge to Daimler Chairmanship

Former Daimler CEO Dieter Zetsche faces opposition to becoming chairman from key investors who blame him for the company’s problems.
#Takata #Daimler #europe

Struwe Named CFO for Mercedes-Benz USA

Daimler AG’s Mercedes-Benz unit has appointed Christian Struwe to be chief financial officer of the brand’s U.S. operations.
#Daimler #people #MercedesBenz

Report: Daimler to Kill Mercedes Pickup Truck

Daimler AG plans to drop the midsize Mercedes-Benz pickup truck it introduced less than two years ago, sources tell Automobilwoche.
#Renault #Daimler #europe

Economics

Daimler Issues a Fourth Profit Warning

Daimler AG has lowered its profit outlook for the fourth time since last summer, warning it will post a €1.6 billion ($1.8 billion) pretax loss in the second quarter.
#Takata #Daimler #europe

Brose Names New N. America Chief

Wilm Uhlenbecker has taken over as president of Brose Groups North American unit, effective July 1.
#Mahle #ZF #Fiat