Daimler

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People visit heavy machinery of Volvo at Bauma China, the International Trade Fair for Construction Machinery in Shanghai, China. Photograph: Aly Song/Reuters

Volvo on Thursday hiked its growth outlook for North America and Europe, as upbeat deliveries for trucks and construction equipment as well as continu(...)

Volkswagen Group is to invest in Ford’s autonomous vehicle venture, Argo AI, in a deal that deepens the alliance between two of the world’s largest auto giants. Photograph: Bloomberg via Getty

Volkswagen Group is to invest in Ford’s autonomous vehicle venture, Argo AI, in a deal that deepens the alliance between two of the world’s largest au(...)

The Mercedes-Benz maker said it had uncovered new information that would make its earnings before interest and tax for the second quarter of the year even lower than it guided for last month and “significantly below market expectations”.

German carmaker Daimler has warned on profits for the fourth time this year after being forced to make further provisions to deal with a regulatory cr(...)

James Redmond, engineer, with the new electric Mini, at BMW’s Oxford plant

Growing up in Dundalk in the 1990s, the thought of electric cars must have been a million miles away, in a Stanley Kubrick future. For one Louth man, (...)

BMW’s chief executive Harald Krüger has quit days before a board meeting that was due to decide his future

BMW’s chief executive Harald Krüger has quit days before a board meeting that was due to decide his future, putting the carmaker under pressure to fin(...)

Photograph: iStock

Some 1,200 developers at BMW and Daimler will team up to develop automated driving technology, the companies said on Thursday, the latest carmakers fo(...)

Traders work on the floor at the New York Stock Exchange   in New York, US. Photograph: Brendan McDermid/Reuters

Weak German economic data and a profit warning from Daimler hit European stock markets on Monday as investors reined in any bets on a fourth week of g(...)

In May German competitor BMW warned on profits, citing higher than expected investments. Photograph: Kai Pfaffenbach/Reuters

Daimler shares fell as much as 5 per cent on Monday after the German automaker cut its profit forecast for the third time in 12 months, saying it was (...)

Volvo says the partnership would develop a flexible, scalable self-driving system, which is planned to be used first in pilot schemes before commercial deployment. Photograph:  Alan Diaz/AP

Sweden’s Volvo is joining forces with Nvidia to develop artificial intelligence used in self-driving trucks, in a boost for the US chipmaker that was (...)

The benchmark S&P 500 index is now just about 2 per cent away from its early May record high. Photograph: Brendan McDermid/Reuters

Hopes of monetary stimulus lifted investor sentiment globally on Tuesday with anticipation of an interest rate cut by the US Federal Reserve. In the U(...)

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