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Daimler puts aside €600 million for EU antitrust investigation


The Germany-based company, Daimler, stated on Thursday it is putting aside 600 million euros to cover any potential costs that would emerge from an antitrust investigation into truck producers led by the European Commission. This strategy will affect the company’s earnings these last three months of 2014 but stood by this year’s forecast earnings to rise significantly compared to last year. ...
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Report – Daimler mulls Russian production facility
According to unnamed local government officials, the Interfax news agency has reported that Germany’s Daimler car and truck maker is seeking to establish a new plant in the Russian city ...
Daimler buys 25% of Italian motorcycle builder MV Agusta
The German automaker – a multinational automotive company that owns or has shares in producers that span from the tiny Smart cars to the Setra buses – has officially announced ...
Daimler surprisingly offloads Tesla stake
The German automaker, the parent company of the world’s third-largest premium carmaker – Mercedes-Benz – has surprised analysts and investors by selling its 4% stake in California-based electric maker Tesla. Daimler ...
Daimler sees profit rise on Mercedes earnings
Germany’s car and truck producer Daimler, the parent company of premium automaker Mercedes-Benz, announced the latter’s third-quarter profit jumped 29% - a surprise to analysts and investors. Daimler also announced that ...
Germany: Daimler and Linde ready to develop fuel-cell station network
German automaker Daimler, the parent of luxury brand Mercedes-Benz has partnered with industrial gases maker Linde to jointly build 20 new hydrogen-fuelling stations in Germany in the near future to ...
Daimler ready to extend cooperation with Aston Martin
Daimler is “fundamentally open” to discussions on a more profound cooperation with Aston Martin’s new CEO, according to Daimler’s chairman, Dieter Zetsche. A week after the British sportscar maker named Nissan ...
Daimler buys Uber-rival, mytaxi app
Daimler AG has decided to acquire the mytaxi and RideScout apps as a part of its expansion plan into transport services. The world’s third-largest maker of luxury cars bought 100% of ...
Daimler employees can have a true holiday
In a very interesting approach towards allowing its workers have a stress free vacation, Daimler has announced it’s implementing a new practice – on holiday, the employees get their work ...
Daimler to reduce Mercedes-Benz spare-part prices in China
Daimler AG is planning to cut Mercedes-Benz parts prices in China by around 15% starting next month as a government investigation into whether automakers are manipulating prices is taking place. The ...

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Daimler puts aside €600 million for EU antitrust investigation
The Germany-based company, Daimler, stated on Thursday it is putting aside 600 million euros to cover any potential costs that ...
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