#DAIMLER

Regulations

BMW Braces for €1 Billion Fine on Emissions

BMW AG says it will probably take a one-time charge of more than €1 billion ($1.1 billion) against first-quarter results to cover possible fines regarding the rollout of new emission control equipment.
#Volkswagen #Audi #Porsche

Business

EC Says BMW, Daimler, VW Blocked Emission Tech

The European Commission has charged BMW, Daimler and Volkswagen’s VW, Audi and Porsche units with colluding to hinder the introduction of advanced pollution control equipment.
#Audi #legal #Porsche

Assembly

Daimler Opens Mercedes Assembly Plant in Russia

Daimler AG has launched production of Mercedes-Benz E-Class midsize sedans at a new factory north of Moscow.
#facilities #europe #MercedesBenz

Business

Renault Trims Board, Director Compensation Scheme

Renault SA intends to streamline its board and sharply reduce member compensation, effective June 12.
#Daimler #europe #Renault

Business

Daimler Trucks Buys Majority Stake in Torc Robotics

Daimler AG’s commercial truck unit has purchased a controlling stake in Torc Robotics Inc., a Virginia-based developer of autonomy driving technology.
#europe #Daimler

Regulations

Stuttgart Will Ban Most Diesels on April 1

Stuttgart, Germany, will begin banning older-generation diesel vehicles—including those owned by its own residents—on April 1.
#Bosch #Daimler #europe

Hybrid

Daimler, Geely Confirm Venture to Relaunch Smart Brand

Daimler and Zhejiang Geely Holding Group confirm they have formed a 50:50 joint venture to develop and operate Daimler’s Smart brand globally as an all-electric carmaker.
#Geely #asia #Daimler

Hybrid

Report: BMW, Daimler to Collaborate on Small EVs

BMW AG and Daimler AG plan to co-develop a platform for small electric vehicles that could yield models for both carmakers by about 2024, reports Manager Magazin.
#Carbon #BMW #Daimler

Business

Report: Daimler to Sell 50% of Smart to Geely

Daimler AG plans to sell a 50% stake in its Smart minicar unit to Zhejiang Geely Holding Group Co., sources tell the Financial Times.
#Geely #Daimler #asia

Car/Ride Sharing

Uber Buys Middle East Rival in $3.1 Billion Deal

Uber Technologies Inc. is acquiring Careem Inc., a larger ride-hailing rival in the Middle East and North Africa, for $3.1 billion in cash and convertible notes.
#Daimler

Business

Report: Daimler to Decide Smart’s Future by Year-End

Daimler AG is losing its patience with its Smart minicar unit and may decide to pull the plug on the chronically underperforming brand by the end of the year, Handelsblatt reports.
#Renault #Daimler #europe

Daimler to Build $200,000 SUV in Alabama

Daimler AG says it plans to add an ultra-pricy luxury SUV/crossover vehicle to its Mercedes-Benz lineup and build the car at its plant in Vance, Ala.
#HP #Maybach #MercedesBenz

Sales

February Car Sales Slip 1% in Europe

New-car deliveries across Europe dipped to 1.15 million units in February from 1.16 million a year earlier.
#Mazda #Chrysler #Honda

Hybrid

Mercedes-AMG Affirms Plug-In Hybrid Plans

Daimler AG’s Mercedes-AMG unit plans to offer a plug-in hybrid variant of every model it sells in coming years, company officials tell Autocar.
#Daimler #HP #europe

Did You Know the Model T Could Run on Kerosene?

When you think of the Ford Motor Company, you probably call to mind things like the Mustang and the F-150, and if you’re feeling particularly nostalgic, the Model T probably is on the list, as well.
#oem #PSAPeugeotCitroen #Ford

Hybrid

Former Mercedes EV Exec to Head SEAT R&D

Volkswagen AG’s SEAT unit has named Axel Andorff vice president of research and development.
#Volkswagen #MercedesBenz #europe

Connectivity

Conti, Hewlett-Packard Partner on Blockchain Tech

Continental AG and Hewlett Packard Enterprise Co. (HPE) have developed a blockchain-based data-sharing platform they aim to launch later this year.
#Continental #Daimler #tech

Connectivity

BMW, Daimler to Cooperate on Autonomous Cars

BMW AG and Daimler AG, which merged their mobility operations last week, have signed a memorandum of understanding to jointly develop autonomous driving systems.
#europe #BMW #Daimler

Hybrid

SK to Add Second EV Battery Plant in Hungary

Seoul-based battery maker SK Innovation Co, plans to build a second factory in Hungary to supply batteries for electrified vehicles.
#facilities #Volkswagen #asia

Production

CATL Details Battery Plant Project in Germany

China’s Contemporary Amperex Technology Ltd. has provided more details about the huge battery plant it is building in Germany to supply European makers of electric cars.
#facilities #PSAPeugeotCitroen #Daimler