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Daimler AG’s supervisory board picked Bernd Pischetsrieder to be its next chairman and help navigate the maker of Mercedes-Benz luxury cars through a seismic industry transformation.

Daimler AG’s truck unit is investing in a laser-sensor startup to bolster its development of self-driving trucks in the U.S. less than a week after striking a deal to use driverless technology from a unit of Google parent Alphabet Inc.

Daimler AG reported higher net income on lower revenue in the third quarter as core markets began to recover from the impact of COVID-19.

Uber Technologies Inc. is considering a purchase of Daimler AG and BMW AG’s ride-hailing joint venture Free Now, a deal that could boost its market share in Europe and Latin America, people with knowledge of the matter said.

Daimler AG has entered discussions with its powerful German labor unions to convert key engine and transmission factories for the electric-car era.

Automaker Daimler AG and subsidiary Mercedes-Benz USA have agreed to pay $1.5 billion to the U.S. government and California state regulators to resolve emissions cheating allegations, officials said Sept. 14.

Daimler AG will need to cut more jobs than the 15,000 previously announced, the company’s head of human resources told German news agency DPA in an interview.

Daimler AG CEO Ola Kallenius will widen cost cuts to shore up returns, even as the German manufacturer signaled demand for cars and trucks has started to recover from the most dramatic slump in decades.

Daimler AG CEO Ola Kallenius said the maker of Mercedes-Benz cars and the industry as a whole face painful cutbacks to overcome the economic fallout of the COVID-19 pandemic.

Daimler Truck AG has established Daimler Truck Fuel Cell GmbH & Co., the organizational and legal framework intended to bring together all of the group’s fuel cell activities.