Posts filtered by tags: Daimler[x]


 

Daimler to Keep 35% Stake in Trucks Spin-Off

FRANKFURT (Reuters) - Daimler plans to keep a 35% stake in the trucks division it intends to spin off later this year, the luxury carmaker said on...
Tags: Frankfurt, Daimler, Reuters Daimler


Daimler to Keep 35% Stake as Trucks Business Goes Solo

By Christoph SteitzFRANKFURT (Reuters) -Daimler will keep a 35% stake in the trucks division it plans to spin off this year, the luxury carmaker...
Tags: Daimler, Christoph SteitzFRANKFURT Reuters Daimler


Daimler Aims to Be Ready for an All-Electric Car Market by 2030

By Nick CareyLONDON (Reuters) -Mercedes-Benz maker Daimler plans to invest more than 40 billion euros ($47 billion) between 2022 and 2030 to...
Tags: Daimler, Nick CareyLONDON Reuters Mercedes Benz


Daimler to Invest More Than 40 Billion Euros by 2030 in Electric Vehicles

LONDON (Reuters) - Mercedes-Benz maker Daimler said on Thursday it would invest more than 40 billion euros ($47 billion) between 2022 and 2030 to...
Tags: London, Electric Vehicles, Daimler, Reuters Mercedes Benz


Daimler Nominates Olaf Koch, Helene Svahn for Supervisory Board

FRANKFURT (Reuters) - Daimler is proposing former Metro Chief Executive Olaf Koch and former Haldex Chief Executive Helene Svahn join its...
Tags: Frankfurt, Daimler, Metro, Supervisory Board, Reuters Daimler, Olaf Koch, Olaf Koch Helene Svahn, Helene Svahn


Global shares edge up ahead of key earnings - while concerns simmer over surge in Covid cases

Traders work on the floor of the New York Stock Exchange (NYSE) on December 07, 2018 in New York City Spencer Platt/Getty Images Global shares edged higher on Wednesday ahead of key earnings releases. Concerns about rising delta-variant cases eased as investors bet on vaccination rollouts. Oil prices rebounded from a decline sparked by OPEC+ striking a supply deal last weekend. Sign up here for our daily newsletter, 10 Things Before the Opening Bell. Global shares edged up ahead of key ...
Tags: Asia, Hong Kong, Europe, UK, London, New York City, US, Trends, Opec, European Central Bank, Shanghai, Treasury, Tokyo, Novartis, Biden, Nasdaq


Daimler Sees Chip Shortage Dragging on Into 2022

By Nick CareyLONDON (Reuters) -A global shortage of semiconductor chips will dent car sales in the second half of 2021 and will extend into 2022,...
Tags: Daimler, Nick CareyLONDON Reuters


Car Maker Daimler Reports Q2 Preliminary Adjusted EBIT of 5.42 Billion Euros

(Reuters) - Car maker Daimler on Thursday reported preliminary adjusted group earnings before interest and tax of 5.42 billion euros ($6.42 billion...
Tags: Daimler, Reuters


Daimler Reports Q2 Preliminary Adjusted EBIT of $6.42 Billion

(Reuters) -Mercedes-Benz maker Daimler AG on Thursday reported preliminary adjusted group earnings before interest and tax (EBIT) of 5.42 billion...
Tags: Daimler, Daimler AG, Reuters Mercedes Benz


The Station: Rimac-Bugatti is born, Tesla releases FSD beta v9 and Ola raises $500M

Hello and welcome to The Station, your central hub for all past, present and future means of moving people and packages from Point A to Point B. I’m back from my road trip and swimming in emails. If you sent me a message on Twitter, email or pigeon post, please give me a few days to dig out of the pile that awaits me. You might recall that I mentioned I was off to do some backpacking and climbing in Grand Teton National Park and then eventually would make it to Yellowstone National Park. Yes, th...
Tags: Transportation, South Korea, Europe, France, Germany, India, Halo, Tech, Tesla, Eu, Bloomberg, European Union, Atlantic, Automotive, Egypt, Vw


5 trends in self-driving cars anyone trying to get ahead in the industry needs to know about

Autonomous-truck companies like TuSimple are starting to go public. Courtesy of TuSimple Self-driving cars may not be a reality yet, but the young industry is evolving fast. For those hoping to get a leg up in this space, staying on top of trends is key. From the rise of robo-trucks to a potential SPAC bubble, here's what to know about AVs right now. See more stories on Insider's business page. 1. Self-driving tech will deliver your packages and food before it replaces your Ub...
Tags: Apple, Transportation, Elon Musk, Cars, US, Trends, Tesla, Walmart, Features, Arizona, Autonomous Vehicles, Volvo, Daimler, Musk, Aurora, SPAC


Daily Crunch: European Union demands $1B penalty from VW, BMW for hiding emissions

To get a roundup of TechCrunch’s biggest and most important stories delivered to your inbox every day at 3 p.m. PDT, subscribe here. Hello and welcome to Daily Crunch for July 9, 2021. We’ve made it to Friday, y’all, be proud. But we can’t relax just yet — there’s quite a lot to get through today. From deceitful auto companies now posing as tech companies to the current venture capital frenzy, we have it all. Let’s go! — Alex The TechCrunch Top 3 Startups have never had it so good: That’s our...
Tags: Amazon, TC, Facebook, Europe, India, Tech, Eu, European Union, Rebecca, United States, Aws, Jeff Bezos, Biden, Daimler, Ola, Warburg Pincus


EU fines BMW, VW $1B for running emissions cartel since the 90s

As environmental issues really came of age in the 1990s, certain German automakers were meeting in secret groups to make sure their cars would continue to industriously contribute to greenhouse gas emissions. According to the European Union, Volkswagen, Audi, Porsche, BMW and Mercedes-Benz parent company Daimler have been illegally colluding to restrict competition in emission cleaning for new diesel passenger cars, essentially slowing the deployment of cleaner emissions tech. On Thursday, the E...
Tags: Transportation, Europe, Tech, Eu, Automotive, Vw, Porsche, Bmw, Volkswagen, Audi, Volvo, Daimler, Margrethe Vestager, Ford Motor Company, Mercedes Benz, U S Environmental Protection Agency


VW and BMW fined $1 billion for running emissions cartel

The European Commission has fined Volkswagen Group and BMW $1 billion for colluding with Daimler to hold back the development of technology that could have reduced harmful emissions from their vehicles.
Tags: News, Vw, Stories, European Commission, Bmw, Daimler, Volkswagen Group


Volkswagen and BMW fined $1 billion for running emissions cartel

The European Commission has fined Volkswagen Group and BMW over €875 million ($1 billion) for colluding with Daimler to hold back the development of technology that could have reduced harmful emissions from their vehicles.
Tags: Cnn, European Commission, Bmw, Volkswagen, Daimler, Volkswagen Group


EU fines German car cartel $1B over emissions collusion, but spares Daimler for snitching

The EU has slapped four leading German carmakers with a combined fine of $1 billion (€875 million) for colluding to prevent the deployment of clean emissions technology. Up front: The European Commission ruled that Daimler, BMW, and the Volkswagen Group (Volkswagen, Audi, and Porsche) had collectively agreed to limit the development of tech that could restrict pollution from gasoline and diesel cars.  Daimler, however, avoided a fine after revealing the group’s existence.  Margrethe Vestager, Ex...
Tags: Startups, Eu, Porsche, Commission, European Commission, Daimler, Shift, Insider, Daimler BMW, Volkswagen Group Volkswagen Audi, Margrethe Vestager Executive, Daimler BMW Volkswagen Audi


German Consumer Group Files Diesel Emissions Lawsuit Against Daimler

BERLIN (Reuters) - Germany's largest consumer protection group filed a lawsuit on Wednesday against car maker Daimler that it said would make it...
Tags: Berlin, Daimler, Reuters Germany


Volvo, Daimler, Traton invest $593 million to build electric truck charging network

Volvo Group, Daimler Truck and Volkswagon’s AG heavy-truck business the Traton Group announced on Monday a non-binding agreement to build a network of high-performance public charging stations for electric heavy-duty long-haul trucks and buses around Europe. The news was first reported by Reuters. The three major European automakers will invest €500 million (~$593 million USD) to install and operate 1,700 charging points in strategic locations and close to highways. They intend to finalize the a...
Tags: Transportation, Europe, Tech, European Union, Automotive, Vw, Electric Vehicles, EVs, Volvo, Daimler, Reuters, Daimler Trucks, Volkswagen AG, Volvo Group, ACEA, Volvo Daimler


Daimler Truck Expects Gradual Ramp-Up of Electric Trucks Due to Cost

BERLIN (Reuters) - Daimler Truck, the world's largest truck and bus maker, expects only a moderate market ramp-up of its first electric truck model...
Tags: Berlin, Daimler, Reuters Daimler


European Union: Reference For Preliminary Ruling In The Nokia Daimler Dispute Falls As Daimler Signs A Patent Licensing Agreement - Bird & Bird

On 1 June 2021, Nokia and Daimler announced via a joint press release that they have settled their global patent dispute with a patent licensing agreement.
Tags: News, Nokia, European Union, Daimler, Nokia Daimler Dispute Falls


Daimler Set to Spin off Truck Unit by Year End - CFO

BERLIN (Reuters) -German carmaker Daimler is on track to spin off Daimler Truck, the world's largest truck and bus maker, by the end of the year,...
Tags: Berlin, Daimler, Reuters


Mercedes-Benz Accidentally Shares Consumer Data

Mercedes-Benz inadvertently leaked the private data of some of its customers. The good news is that the number of affected people was alleged to have capped somewhere around one thousand at the time of this writing. But the bad news is that this wasn’t like having your e-mail or phone number getting out there. Contents […] The post appeared first on The Truth About Cars.
Tags: Technology, Privacy, Big Data, Data, Autos, Mercedes Benz, Mercedes, Daimler, Consumer Advocacy, News Blog, Cloud Data Hub, Cloud-based Storage, Mercedes Benz Accidentally Shares Consumer Data


Renault-Nissan Rejig How They Manage Daimler Partnership - Sources

By Gilles GuillaumePARIS (Reuters) - The Renault-Nissan-Mitsubishi alliance is set to scrap a role overseeing ties with Daimler in favour of...
Tags: Daimler, Reuters, Gilles, Renault Nissan, Renault Nissan Mitsubishi


Lidar company Quanergy to go public via $1.4B SPAC deal

Quanergy Systems, the Sunnyvale, California-based lidar company, said Tuesday it has agreed to merge with special purpose acquisition fund CITIC Capital Acquisition Corp., a Chinese blank-check firm affiliated with the country’s largest state-owned investment conglomerate. The deal, which puts an implied valuation on Quanergy at $1.4 billion, is expected to close in the second half of 2021. After closing, the transaction will inject the lidar company with around $278 million in pro forma net cas...
Tags: TC, Transportation, China, Funding, Samsung, Tech, Tesla, Bloomberg, Automotive, United States, Private Equity, Autonomous Vehicles, Volvo, Lidar, Daimler, Citic


How Quantum Computers are Already Untangling Nature's Mysteries

Wired published a long extract from Amit Katwala's book Quantum Computing: How It Works and How It Could Change the World — explaining how it's already being put to use to explore some of science's biggest secrets by simulating nature itelf: Some of the world's top scientists are engaged in a frantic race to find new battery technologies that can replace lithium-ion with something cleaner, cheaper and more plentiful. Quantum computers could be their secret weapon... Although we've known all the ...
Tags: Tech, Ibm, Daimler, Amit Katwala, Noisy Intermediate Scale Quantum Computing


Daimler and Volkswagen Cut Working Hours, Citing Chip Shortage

FRANKFURT (Reuters) -Daimler and Volkswagen are cutting working hours at some of their plants as the carmakers continue to suffer from a shortage...
Tags: Frankfurt, Volkswagen, Daimler, Reuters Daimler


Waymo and J.B. Hunt partner to bring autonomous trucks to Texas in new pilot

Waymo will be moving freight for a major customer of transportation logistics company J.B. Hunt Transport Services under what the two companies are calling a “test run” that will take place in one of the country’s busiest trade corridors. Waymo Via, the company’s trucking and cargo transportation service, will transport goods along Interstate 45 between Houston and Fort Worth, Texas. The trucks will be powered by the Waymo Driver autonomous platform, though a Waymo “autonomous specialist,” a com...
Tags: Transportation, Texas, Tech, Automotive, Houston, Volvo, Daimler, Fiat Chrysler, Hunt, Autonomous Driving, Fort Worth Texas, Daimler Trucks, J B Hunt Transport Services, Autonomous Trucks, Waymo, Autonomous Trucking


Waymo and JB Hunt partner to bring autonomous trucks to Texas in new pilot

Waymo will be moving freight for a major customer of transportation logistics company J.B. Hunt Transport Services under what the two companies are calling a “test run” that will take place in one of the country’s busiest trade corridors. Waymo Via, the company’s trucking and cargo transportation service, will transport goods along Interstate 45 between Houston and Fort Worth, Texas. The trucks will be powered by the Waymo Driver autonomous platform, though a Waymo “autonomous specialists,” a co...
Tags: Transportation, Texas, Tech, Automotive, Houston, Volvo, Daimler, Fiat Chrysler, Hunt, Autonomous Driving, Fort Worth Texas, Daimler Trucks, J B Hunt Transport Services, Autonomous Trucks, Waymo, Autonomous Trucking


United States: Nokia And Daimler Settle Standard-Essential Patent Licensing Dispute, Potentially Impacting Auto-Industry FRAND Licensing - Akin Gump Strauss Hauer & Feld LLP

This settlement resolves multiple German lawsuits Nokia filed against Daimler asserting SEPs and Daimler's complaint against Nokia before the European Commission...
Tags: News, Nokia, United States, Daimler, Gump Strauss Hauer, Feld LLP


The executive in charge of the Tesla Semi has left the company

Jerome Guillen, a critical executive at Tesla who was working on the development and eventual production of the Tesla Semi has left the company, the automaker said Monday in a filing to the U.S. Securities and Exchange Commission. Guillen’s departure comes just three months after he was moved from the president of automotive position, which included oversight of the Tesla Semi, to a role with less responsibility as head of heavy duty trucking. Guillen had led Tesla’s entire automotive business f...
Tags: Transportation, Elon Musk, Tech, Tesla, Automotive, Nevada, Daimler, Musk, U S Securities and Exchange Commission, Elon Musk He, Frito Lay, Modesto California, Guillen, Tesla Semi, Jerome Guillen