Ola Kallenius

Daimler will cut out traditional parts-makers in order to fund a software development push that will involve hiring thousands of coders to build an op(...)

Mercedes-Benz will increase its stake in struggling luxury-car maker Aston Martin Lagonda Global Holdings as part of a series of moves by the British (...)

Daimler said on Tuesday it will cut fixed costs, capex and research and development expenditure by more than 20 per cent by 2025 compared with 2019 l(...)

Daimler chief executive Ola Kallenius said the maker of Mercedes-Benz cars and the industry as a whole faced painful cutbacks to overcome the economic(...)

Aston Martin’s chief executive Andy Palmer is leaving the business as part of a shake-up aimed at restoring the fortunes of the flagging carmaker, acc(...)

Volkswagen says the cost of crucial car components has risen sharply because of the coronavirus outbreak, putting further pressure on profits as the i(...)

Peugeot owner PSA and BMW are in the lead in the race to cut car emissions in Europe, pulling ahead of Volkswagen. Only two months into the new CO2 r(...)

The chief executive of Toyota was on familiar ground when he told CES, the world’s largest electronics show in Las Vegas, that “no one wants a crystal(...)

When Blas Arambilet tried to buy an electric car in April, something strange happened. Months after ordering a white Kia e-Niro from his local Barcelo(...)

Mercedes-Benz plans to save €1.65 billion by cutting more than 1,000 jobs in the latest sign German carmakers are struggling to make big investments i(...)