Daimler

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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(...)

Photograph: iStock

BMW and Jaguar Land Rover on Wednesday said they will jointly develop electric motors, transmissions and power electronics, unveiling yet another ind(...)

Shares in Arytza, which owns the Cuisine de France brand, fell 13.3 per cent on Tuesday

European shares rose on Tuesday to distance themselves further from a more than three-month low hit during the previous session, aided by car makers t(...)

Dave O’Donovan, director of digital and mobile technologies at Aer Lingus, and Oliver Lynch, vice-president of business development at Voyego

Irish technology company Voyego has signed a deal with Aer Lingus that will see it work on a new payments hub platform with the airline, allowing it t(...)

MyTaxi said cash-only users who incur a charge will be blocked from using the MyTaxi app until fees have been fully paid. Photograph: Alan Betson

MyTaxi is introducing a €5 cancellation fee for users who cancel taxis after hailing them. In a statement the company said the charge was being intro(...)

Volkswagen reported higher SUV sales in Q1. Photograph: Fabian Bimmer/Reuters

Sales of sports utility vehicles and cost cuts helped Volkswagen shrug off a €1 billion legal charge and meet first-quarter operating profit forecast(...)

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