Daimler

321 results

BMW has warned its earnings will fall “well below” last year’s level, and embarked on a €22bn efficiency drive to offset the impact of trade conflicts and unprecedented spending on electric cars.

BMW has warned its earnings will fall “well below” last year’s level, and embarked on a €22 billion efficiency drive to offset the impact of trade con(...)

The auto index was boosted by a 5 per cent jump in Fiat Chrysler on Tuesday. Photograph: Denis Balibouse/ Reuters

European indices performed well on Tuesday with the exception of the Iseq with investors hoping for a more accommodative US policy stance at the end o(...)

German car companies argue there was nothing illegal in their meetings to agree “clean diesel” norms.

European competition authorities are readying anti-cartel fines of up to €1 billion each for German car giants BMW, VW and Daimler. The companies are(...)

Strong results from Glenveagh Properties and comments from the home-maker that it got off to a “fast start” this year on the sales front lifted its stock 1.5 per cent

The Iseq index of Irish shares dipped on Wednesday as the market took a breather following a 17 per cent rally since late December, and investors gave(...)

Daimler AG and Mercedes Benz chairperson Dieter Zetsche: “Our industry is changing. And we do some things different today to underline that.”

It would have seemed anathema just a couple of years ago but the co-operation between Mercedes-Benz and long-time arch-rival BMW is a sign of the time(...)

Daimler chief executive Dieter Zetsche (right) with BMW chief executive Harald Krüger in Berlin on Friday. Photograph: John MacDougall / AFP

German carmakers Daimler and BMW unveiled a joint ride-hailing, parking and electric car-charging business on Friday to compete with mobility services(...)

US threat of a 25 per cent tariff on European-produced cars is the biggest worry for the continent’s carmakers in 2019. PHotograph: Markus Schreiber/AP Photo

Volkswagen chief executive Herbert Diess has warned import tariffs from the US could cost the German carmaker billions of euro each year. Mr Diess sa(...)

Daimler said the return on sales at Mercedes-Benz cars fell again in the fourth quarter and the company expected that to continue in 2019. Photograph: Michaela Rehle/Reuters

Top automakers reported mixed results and cautious outlooks on Wednesday. Germany’s Daimler saw fourth-quarter operating profit fall 22 per cent as t(...)

The Fiat Chrysler settlement includes $311 million in total civil penalties to US and California regulators.

Fiat Chrysler Automobiles NV has agreed to a settlement worth about $800 million to resolve claims from the US Justice Department and state of Califor(...)

Royole FlexPai, the world’s first foldable smartphone was unveiled at   at the Consumer Electronics Show   in Las Vegas. Photograph:   Martyn Landi/PA Wire

Robots, 8K TVs and artificial intelligence: the annual CES tech show is in full swing in Las Vegas. The showcase brings together the world’s largest t(...)

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