Daimler

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BMW has been hammered by the trade spat between America and China, and has also seen its share price almost halve, from €122 to €65, since 2015, despite consistent profitability

American magazine Automobile claims BMW Group is set to slash its model range after the car division’s earnings fell 22 per cent last year. BMW’s Chi(...)

Claims in Ireland could amount to more than €200 million, depending on how many of the hauliers are still in business. Photograph: Mikael Sjoberg/Bloomberg via Getty Images

Thousands of Irish truck owners who bought vehicles between 1997 and 2011 may begin compensation action through the Irish courts against manufacturers(...)

Bank of Ireland dropped 0.3 per cent to €4.33.

European stocks held steady as weak business growth data sparked hopes of fresh monetary stimulus, while sentiment was buoyed by signs of progress in (...)

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(...)

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