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DAIMLER TRUCK FORECAST
European shares set for weekly loss on heightened trade tensionsEuropean shares remained steady on Friday but were set for a weekly decline due to escalating trade tensions and concerns over economic slo...- Daimler India Commercial Vehicles pilots project to use AI for demand forecastingManaging Director and CEO Satyakam Arya said Project Vruddhi is helping the truck and bus maker be a lot more precise with demand forecasti...
- Auto bosses head to India to charge up electric vehicle game planET has learnt that the entire Skoda Auto board led by CEO Klaus Zellmer is set to visit the country in October. Martin Daum, the chairman o...
- Daimler Truck maintains favourable outlook for 2022, sees strong demandDaimler Truck maintains that 2022 will be a favourable year thanks to strong demand and the easing of supply bottlenecks, even with the Ukr...
- European shares open higher on China COVID reliefEuropean shares rose on Tuesday and were set to extend gains to a third straight session, on hopes that demand from China could be sustaine...
- European shares rise on defensive buying as Ukraine worries deepenThe pan-European STOXX 600 index was up 0.2% with utilities and consumer staples in the lead. Material stocks fell 0.3%, limiting the index...
- Daimler CEO says carmakers could face chip shortage into 2023Carmakers, forced by the COVID-19 pandemic to shut down plants last year, face stiff competition from the sprawling consumer electronics in...
- The world’s road fuel demand to peak years earlier than expectedDecline in demand for road fuel will be steepest in Europe and the U.S. and an anticipated rise in fuel use in countries such as India and ...
- Firms scramble as hackers take hi-tech smart cars for a rideCarmakers from Mercedes-Benz maker Daimler to Toyota Motor are pursuing digital services as potentially lucrative additional sources of rev...
- Daimler Q3 profit falls on diesel costs, special itemsDaimler last quarter spent about 220 million euros to update over 3 million current and older Mercedes diesel models in Europe to curb poll...
- Tesla CEO Elon Musk's roadmap for a driverless futureTesla is now officially talking about its plans for ride sharing that would have it competing with services like Uber, Lyft and city taxis.
- Mercedes counting on a compact coupe CLA with more power to catch BMWCo to start deliveries of the CLA with more horsepower at a lower price in the US to broaden the brand’s appeal.
- Auto cos may be riding out the slumpAutomakers may be getting past the worst of the slump after PSA Peugeot Citroen said it generated cash in the first half and Daimler, Honda...
- Daimler posts $1.51 bn loss in second quarterDespite third quarterly loss in a row, the company predicted a "gradual improvement" in its operating profit in coming months. Check out ho...
- Daimler reports 1Q loss of nearly euro1.3 bnGerman auto maker Daimler AG reported a first quarter loss of euro1.29 bn ($1.7 bn) Tuesday as the global economic crisis weighed heavily o...
- Daimler drops earnings outlook despite Q3 profitGerman automaker Daimler AG issued another profit warning as it reported third-quarter earnings of euro213 million (US$27.3 million) on Thu...
- Daimler to cut 3,500 jobs in US, CanadaGerman heavy truck maker Daimler said it will eliminate 3,500 North American jobs owing to the worsening economic slowdown. Jet lays off 60...
- Mitsubishi back on track with new modelsMitsubishi Motors lost about three-fourths of its market value in 2004 amid vehicle recalls linked to two fatal crashes. Now, the shares ma...
- Scania plans counterbid to fend off MANScania, the target of a hostile takeover bid by truck-maker MAN, urged its German competitor to withdraw the proposal and said a range of p...
- Toyota guns for top spot, lines up global expansionToyota is aiming to sell 9.8m vehicles globally in ’08, the company’s president said on Wednesday, as the booming Japanese automaker quicke...
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