Posts filtered by tags: Daimler Trucks[x]


Daimler to seek 6 billion euros in cost savings at Mercedes: Manager Magazin

Daimler is seeking 6 billion euros ($6.75 billion) in cost savings and efficiency gains by 2021 at Mercedes-Benz passenger cars and a further 2 billion euros at Daimler Trucks division, Manager Magazin said on Thursday.
Tags: Money, businessNews, Daimler, Mercedes Benz, Daimler Trucks, Magazin

Daily Crunch: Lyft debuts on Nasdaq

The Daily Crunch is TechCrunch’s roundup of our biggest and most important stories. If you’d like to get this delivered to your inbox every day at around 9am Pacific, you can subscribe here. 1. Lyft prices IPO at top of range Lyft raised more than $2 billion Thursday afternoon after pricing its shares at $72 apiece, the top of the expected range of $70 to $72 per share. This gives Lyft a fully diluted market value of $24 billion. The company is debuting on the Nasdaq stock exchange today, tra...
Tags: TC, Facebook, Lyft, Tech, Pornhub, Quinn, Huawei, Nasdaq, Daimler Trucks, TORC, TORC Robotics, Sinemia, Daily Crunch, Caroline Spiegel

Daimler buys Torc Robotics stake for self-driving trucks

Daimler Trucks has agreed to buy a majority stake in self-driving truck software maker Torc Robotics as part of a broader push to develop autonomous vehicles.
Tags: Money, businessNews, Daimler, Daimler Trucks, TORC Robotics

Daimler Trucks buys a majority stake in self-driving tech company Torc Robotics

Daimler Trucks just announced that it’s acquiring a majority stake Torc Robotics, a deal that will see the two companies collaborating on the development of Level 4 self-driving trucks. Daimler Trucks is the world’s largest truck manufacturer and a division of the larger Daimler Group. Torc, meanwhile, was founded in 2005. For most of its history, it specialized in self-driving software and sensors for commercial, industrial and military use, before recently shifting its attention to consumer ve...
Tags: Startups, Automotive, Self-driving Trucks, Daimler, Daimler Trucks, Daimler AG, Michael Fleming, Blacksburg Virginia, Transdev, TORC, TORC Robotics, Martin Daum, Daimler Group Torc

Daimler buys Torc Robotics stake in self-driving trucks push

Daimler Trucks has agreed to buy a majority stake in autonomous truck software maker Torc Robotics as part of a broader push to develop self-driving vehicles.
Tags: Money, businessNews, Daimler, Daimler Trucks, TORC Robotics

Driving Daimler’s 40-ton eCascadia big rig isn’t just fun, it’s electrifying

Daimler Trucks brought its all-electric eCascadia semi-truck to the 2019 CES, and invited us to take the wheel. What does it feel like to drive one? Simply electrifying, of course. The post Driving Daimler’s 40-ton eCascadia big rig isn’t just fun, it’s electrifying appeared first on Digital Trends.
Tags: Electric Vehicle, Cars, Trends, Trucks, Daimler, Daimler Trucks

The head of Daimler Trucks, one of the biggest truck makers in the world, reveals what he really thinks about Tesla's semi (TSLA)

Daimler Trucks CEO Martin Daum told Business Insider that he thinks Tesla's electric truck is 'fun,' but that he takes competition from them seriously. Daum also said that cracking the market for Tesla will be tough, specifically because to compete in the trucking space, you need to be able to achieve global scale. Daimler Trucks, which sold more than 500,000 trucks in 2018, is a global leader in trucks, and Daum said the company intends to defend that position.  LAS VEGAS — The man who runs ...
Tags: London, Trends, Tesla, Canada, United States, Las Vegas, Daum, Business Insider, Mercedes Benz, Volkswagen Group, United States Mexico, Daimler Trucks, PACCAR, Martin Daum, Volvo Navistar

Proterra raises $155 mln from Daimler, Tao Capital Partners, G2VP, others

Proterra said it raised $155 million in a deal co-led by Daimler and Tao Capital Partners and joined by G2VP and other technology investors. Proterra and Daimler also agreed to explore the electrification of select Daimler heavy-duty vehicles. A press release follows:   PROTERRA CLOSES $155 MILLION INVESTMENT FROM DAIMLER, TAO CAPITAL PARTNERS, G2VP AND OTHERS Investment supports strategic partnerships for electric vehicle development Burlingame, Calif. – September 19, 2018 – Today Proterra, a l...
Tags: America, Los Angeles, San Francisco, Trends, Portland Oregon, North America, Daimler, Tao, Thomas, Daimler Trucks, EBIT, Board of Management of Daimler AG, VC Deals, Tao Capital Partners, Tao Capital Partners Tao, Nick Pritzker

Volvo Introduces First Fully Electric Truck, Joins Fuso in Mainstream BEV Push

While North America awaits Tesla Motors’ electrified big rig, the rest of the globe’s manufacturers are working on battery driven commercial vehicles of their own. These vehicles may not be able to match the Tesla’s size or ability to do burnouts, but their existence shows companies are taking electrification seriously. FedEx, which has already reserved […] The post Volvo Introduces First Fully Electric Truck, Joins Fuso in Mainstream BEV Push appeared first on The Truth About Cars.
Tags: Tesla, Green, Electric Vehicles, Autos, North America, Trucks, Volvo, Tesla Motors, Volvo Trucks, Daimler Trucks, News Blog, Commercial Vehicles, Electric trucks, FUSO eCanter, Mitsubishi Fuso Truck and Bus Corporation, Volvo FL Electric

UPS adds 3 all-electric delivery trucks to its fleet

NEW YORK (AP) — UPS is introducing all-electric delivery trucks to its U.S. fleet. Daimler Trucks said Thursday that United Parcel Service Inc. is its first U.S. customer for the Fuso eCanter light-duty truck. UPS said it will use three of the trucks at various locations. The Fuso eCanter can drive 62 miles on a […]
Tags: Business, New York, News, Ap, UPS, United Parcel Service Inc, Daimler Trucks

Daimler invests in fast-charging electric battery firm StoreDot: Reuters

Israel’s StoreDot, which is developing fast-charging battery technology, said on Thursday it raised $60 million in a third round of financing led by the truck division of Germany’s Daimler (DAIGn.DE). The funding round also includes Lucion venture capital and financial institutions from Israel and China, as well as existing investors such as Samsung Ventures and Norma Investments, representing Russian businessman Roman Abramovich. Daimler has also joined as a strategic partner to accelerate the ...
Tags: China, Germany, Israel, Trends, Samsung Ventures, Daimler, Reuters, Daimler Trucks, VC Deals, Storedot, Martin Daum, Norma Investments, Abramovich Daimler

Daimler Exec Loses Parking Space and Mind in Racial Rant

Daimler AG had to fire a top-level executive after he reportedly announced that all Chinese people were bastards and then pepper-sprayed one into submission. The incident, which took place on Sunday, began as an ugly dispute over a parking space before evolving into a small-scale race war. The Shanghai Daily reports that Rainer Gaertner, president and CEO of Daimler Trucks […] The post Daimler Exec Loses Parking Space and Mind in Racial Rant appeared first on The Truth About Cars.
Tags: China, Global, Racism, Autos, Automotive Industry, Mercedes-benz, Daimler, Daimler Trucks, Daimler AG, Shanghai Daily, News Blog, Crime & Punishment

Mercedes-Benz just unveiled the world's first all-electric big rig truck

Imagine a future where big rig trucks slide quietly down the road, powered by electricity. Tesla has been working for years to make this vision happen - but this week, Mercedes-Benz beat them to the punch. The Urban eTruck is the world's first fully electric big rig - and it's quiet, powerful, and has an admissible total weight of around 29 tons. The Mercedes-Benz Urban eTruck can only travel up to 124 miles, so it wouldn't be ideal for the long treks truckers often make to transport goods. I...
Tags: Electric Vehicle, Elon Musk, Design, News, Tesla, Automotive, Portugal, Electric, Mercedes Benz, Electric Cars, Daimler, Green Transportation, Daimler Trucks, Wolfgang Bernhard

Daimler unveils Mercedes-Benz Urban eTruck

Daimler Trucks has unveiled the Mercedes-Benz Urban eTruck, a fully electric heavy-duty truck with a range of up to 200km and an admissible total weight of 26 tonnes.
Tags: Daimler, Daimler Trucks

Over 11,000 people took the ‘Bike More Challenge’ last month

The team from Daimler Trucks NA.(Photo: B-line Sustainable Urban Delivery) The Bicycle Transportation Alliance (BTA) wrapped up their 19th annual Bike More Challenge with a big party last night in southeast Portland. This was the first year the friendly competition was held in May instead of September. The BTA made the move to encourage more people to keep biking through the summer, but it looks like the warm and sunny weather also boosted overall participation. A look at the final numbers sho...
Tags: Sport, Front Page, Cycling, Portland, Daimler Trucks, Associates Inc, BTA, Jonathan Maus, Bicycle Transportation Alliance, Rides/Events, Bike Commute Challenge, Bike More Challenge

Daimler Trucks Slashes Outlook: Why Cummins Inc. and PACCAR Inc. Need to Worry

Daimler's Freightliner is one of the largest truck brands in the world. Image source: Daimler.This is bad news for investors in trucking companies PACCAR Inc. (NASDAQ: PCAR) and Cummins Inc. (NYSE: CMI) . In a surprising move, automotive giant Daimler's (NASDAQOTH: DDAIF) truck unit, Daimler Trucks, slashed its outlook some days ago, projecting its 2016 sales and operating profits to be "significantly" lower than 2015. Dr. Wolfgang Bernhard, head of the Daimler Trucks and Daimler Buses divi...
Tags: Finance, Daimler, Cmi, Daimler Trucks, Cummins Inc, PACCAR Inc, PCAR, Freightliner, Wolfgang Bernhard, Industrials, DDAIF, Neha Chamaria, NASDAQOTH, Daimler Buses, Cummins Inc NYSE

Daimler demos truck platooning to save 7% on fuel and has network connected 365000 trucks already

Today, on the A52 autobahn near Düsseldorf, Daimler Trucks presented an impressive example of the possibilities opened up by the digital connection of trucks: Three WiFi-connected, autonomously driving trucks operated on the autobahn with authorisation for public traffic as a so-called platoon. Such a combination can reduce fuel consumption by up to seven percent and the road space requirement on motorways by almost half - while improving traffic safety at the same time. Based on the Daimler Tru...
Tags: Europe, Future, Cars, Daimler, Self Driving Cars, Daimler Trucks, Board of Management of Daimler AG, Wolfgang Bernhard, Düsseldorf Daimler Trucks, Daimler Trucks Highway Pilot, Daimler Trucks Buses

Daimler Trucks to Cut 1,250 North American Jobs

Daimler Trucks said on Tuesday it would cut 1,250 jobs in North America in response to sliding demand.
Tags: Article, North America, Reuters, Daimler Trucks, FBN, Fbn/markets, /FOX BUSINESS/INDUSTRIES, /FOX BUSINESS/INDUSTRIES/Auto, 36de6b54-8228-45cb-b3f8-8b8444705f5a

Daimler Trucks prepares to return to the Iranian market

Daimler Trucks, the world's leading truck manufacturer, is setting the course for a return to the Iranian market, having signed letters of intent with its local cooperation partners Iran Khodro Diesel (IKD) and the Mammut Group.
Tags: Daimler Trucks, Iran Khodro Diesel IKD