Daimler AG News Updates

Government, Business

Daimler, Volvo Win Dismissal of $950 Million Cartel Suit

Daimler AG, Volvo AB and other truck makers won dismissal of a 867 million-euro ($950 million) lawsuit claiming customers were overcharged in a price-fixing cartel.

February 7, 2020
Business, Technology, Equipment

Daimler Tests Whether Household Waste Can Be Used in Car Parts

Daimler AG agreed to test recycled waste produced by Israel’s UBQ Materials Ltd. to see if it’s viable for use in car parts for new vehicles.

January 22, 2020
Business, Technology, Equipment, Fuel, Autonomous

Daimler Trucks to Test Electric Waste Hauler in 2021

Daimler Trucks announced in-use testing of the Mercedes-Benz eEconic, its battery-electric low-floor truck intended for municipal waste collection, would begin in Europe in 2021.

January 21, 2020
Business, Fuel

Daimler Investors Seek $1 Billion Over Diesel Disclosure

Daimler AG was sued by more than 200 shareholders for as much as $1 billion over claims the parent of Mercedes-Benz luxury cars failed to properly disclose that its vehicles were fitted with technology to cheat on diesel emissions tests.

January 7, 2020
Government, Business

Daimler to Pay $20 Million Penalty Over Mercedes Recall Lapses

Daimler AG’s Mercedes Benz has agreed to pay as much as $20 million in penalties for violations of how it operated its vehicle recall program.

December 18, 2019
Business, Technology, Autonomous

German Industrial Job Losses Top 80,000 With Daimler Cuts

Daimler AG said this week it will shed 10% of management positions at its Mercedes unit, lifting the tally of job cuts announced this year across Germany’s manufacturing sector to more than 80,000.

November 15, 2019
Business, Technology, Fuel, Autonomous

Daimler Dumps Gas-Powered Truck Bid to Build CO2-Neutral Fleet

Daimler AG is quitting development of natural-gas powered trucks to pool resources for electric and hydrogen rigs that can advance its goal of offering a CO2-neutral fleet in its main markets by 2039.

October 25, 2019
Business, Equipment

Daimler Rides Cars, Vans to Earnings, Revenue Gains

Daimler AG reported higher net income and revenue as sales of cars and vans rose, while truck sales globally fell 8% in the third quarter.

October 24, 2019
Government, Business, Technology, Equipment

Daimler Fined $960 Million to Settle Rigged Diesel-Car Probe

German prosecutors fined Daimler AG 870 million euros for “negligent violation” in a probe into selling rigged diesel cars.

September 24, 2019
Business, Technology

Daimler Trucks Announces Battery Cell Supplier

Daimler Trucks announced an agreement with battery manufacturer Contemporary Amperex Technology Co. to supply lithium-ion battery cell modules for its electric trucks, including the Mercedes-Benz eActros, Freightliner eCascadia and Freightliner eM2.

September 20, 2019