TUSCALOOSA, Ala. (AP) — Parking lots have been filling up with scores of new Mercedes-Benz vehicles in Alabama.
Thousands of the vehicles are showing up in parking lots across west and...
BERLIN (AP) — Germany's Daimler AG has opened a new Mercedes factory in Russia, part of a 250 million euro ($281 million) investment it says will create 1,000 jobs.
PHOENIX (AP) — The state of Arizona alleges in a lawsuit that Mercedes-Benz violated a state fraud law by programming emission systems on certain models of its diesel vehicles to turn off or reduce their effectiveness while on the road, leaving consumers unaware that the vehicles send an enormous amount of nitrous oxide pollutants into the air.
FRANKFURT, Germany (AP) — Daimler CEO Dieter Zetsche, who unwound a troubled merger with Chrysler Corporation and led the German automaker to a string of record profits, will hand off next year to Ola Kallenius, a longtime insider who heads vehicle development for the Mercedes-Benz brand.
SAN FRANCISCO (AP) — Mercedes-Benz has unveiled an all-electric SUV that it plans to start producing next year in Germany, the latest to challenge Tesla in the luxury electric car market.
Daimler AG's luxury brand showed off its EQC sport utility crossover at an event outside Stockholm. It's seen as a rival to Tesla's Model X.
FRANKFURT, Germany (AP) — German automaker Daimler AG said Thursday that its net profit fell 27 percent in the second quarter as the company confronted multiple challenges including trade tensions, weak pricing for its luxury cars, and recalls and product delays related to diesel emissions.
Net profit fell to 1.8 billion euros ($2.1 billion), from 2.5 billion euros a year earlier. Revenues fell 1 percent to 40.8 billion euros.
BERLIN (AP) — German automaker Daimler AG has lowered its 2018 earnings outlook, a change that it says is partly due to increased import tariffs for U.S. vehicles in China.
The company said late Wednesday that it now sees fewer SUV sales and higher costs at its Mercedes-Benz Cars division than previously expected, as a result of the tariffs, and "this effect cannot be fully compensated by the reallocation of vehicles to other markets." Daimler produces vehicles in the U.S.
FRANKFURT, Germany (AP) — Automaker Daimler AG saw first-quarter net profit fall 11 percent due to shifting currency exchange rates and one-time gains in the year-earlier quarter.
But the company had stronger earnings from its Mercedes-Benz luxury car division and raised its profit forecast for the year, saying earnings will increase slightly even as it spends heavily on new technology.
The previous outlook was for earnings about the same as last year's.
FRANKFURT, Germany (AP) — Automakers Daimler and BMW have agreed to merge their transportation services businesses so they can expand offerings in ride-hailing apps, car-sharing, parking, and charging electric cars.
The two companies said Wednesday they aim to become a "leading provider" of new ways to get around cities, where more people will see cars as a service they use when needed.
FRANKFURT, Germany (AP) — German automaker Daimler made lots of money last year. That's a good thing, because the company says it will need to spend heavily this year to keep up with the technological change expected to disrupt the car industry.
FRANKFURT, Germany (AP) — Automaker Daimler says it has suspended an executive who represented it at an industry-backed organization that commissioned diesel exhaust tests involving monkeys.
A statement from Daimler AG on Wednesday did not identify by name the executive, citing privacy concerns. It said the executive sat on the top management board of the now-dissolved EUGT entity.
The tests have been criticized by politicians, environmentalists and animal welfare activists.
DETROIT (AP) — If customers don't buy electric and more efficient cars and trucks, then Mercedes may not be able to meet government-imposed carbon dioxide emissions standards across the globe, its top executive says.
Dieter Zetsche, CEO of German automaker Daimler AG and head of its Mercedes luxury division, told reporters at the Detroit auto show Monday that he can't guarantee compliance.
DETROIT (AP) — Electric trucks are having a moment in the spotlight, but they won't replace diesel-powered trucks in big numbers until they overcome costs and other limitations.
FRANKFURT, Germany (AP) — Carmaker Mercedes-Benz announced Thursday that it will invest $1 billion to set up electric vehicle production at its Tuscaloosa, Alabama plant and to build a battery factory nearby, moves it said would create 600 new jobs.
The luxury division of Germany's Daimler AG said it plans to manufacture electric SUVs under Mercedes' EQ sub-brand at the Alabama plant by the start of the next decade.
FRANKFURT, Germany (AP) — Carmakers at the Frankfurt auto show are unveiling the low-emissions vehicles and technology strategies they hope will let them profit from the sweeping changes expected to hit the auto industry in the next few years.
FRANKFURT, Germany (AP) — German automaker Daimler AG says prosecutors will search several of its offices in Germany as part of a preliminary investigation into suspected manipulation of diesel emission controls.
Daimler said Tuesday it was cooperating with the probe conducted in its home base of Stuttgart. The company had already disclosed the probe in its financial reports. It said the investigation focused on "known and unknown employees" of the company.