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NATO seeks details as US says it will pull about 5,000 troops from GermanyNATO is collaborating with the United States to comprehend Washington's decision to reduce its troop presence in Germany by 5,000. This mov...
India EV Boom 2026: Electric cars race ahead – until price, policy and reality hit the brakesIndia’s electric vehicle (EV) market 2026: India's electric vehicle sales are surging, driven by new models and growing acceptance. However...
Mahindra eyes South Africa expansion as China rivals gain groundMahindra & Mahindra is reportedly in advanced talks to upgrade its South African plant, potentially introducing completely knocked-down (CK...
Mercedes-Benz to quit Russian market, sell shares to local investorJapan's Nissan this month took a $687 million loss in handing over its business in Russia to a state-owned entity for one euro, mirroring a...
Daimler Truck launches innovation & development centre in IndiaThis facility is the company’s biggest R&D centre outside its home markets of Germany and North America.
Daimler India shuts bus and truckmaking unit for three days"Daimler India Commercial Vehicles (DICV) has declared a non-production day for June 1 'til June 3, 2021, due to temporary parts shortages ...
Daimler India reaches 35,000 vehicles export milestoneAccording to company officials, Daimler India is the only location of the company where engines, transmissions, trucks and buses are manufa...
Truck maker Daimler announces six non-production days due to slow demandThe company manufactures and exports trucks under the Bharat-Benz, Mercedes-Benz, Fuso and Freightliner brands from its factory off Chennai.
Daimler to make India export hub, to serve Latin American markets initiallyThe company also said it will officially launch the upgraded range of BS-VI trucks and buses in the first quarter of 2020 for the domestic ...
Marc Llistosella to leave Daimler AG, Hartmut Schick to succeed him as head of Daimler Trucks AsiaMarc Llistosella decided to leave the company on "his own accord", said the statement from the company on Tuesday.
Mercedes Benz to hire 1,000 engineers for R&D in IndiaThe Indian research team is currently undertaking important assignments to develop safety features in Mercedes-Benz vehicles, he said on th...
Daimler showcases India-made trucks, eyes more global marketsFocusing on future trends, the company showcased an all electric Mercedes-Benz Urban e Truck, all electric Fuso eCanter and Mercedes-Benz F...
Daimler ships India-made FUSO trucks to Trinidad & TobagoThe company is producing five models across 25-49 tonne, 9-16 tonne categories. Currently, the trucks are exported to Sri Lanka, Kenya, Zam...
After trucks, Daimler keen to ride the bus to success in IndiaDaimler will be turning more of its focus towards India and China, as the German vehicle maker told shareholders at its annual general meet...
Daimler to expand cost saving measures to narrow gap with BMWIn Feb, Daimler said it expected group earnings before interest and tax to increase "significantly" in 2014 from the 7.9 bn euros it report...
Daimler to invest Rs 425 cr to set up bus manufacturing unitThe company has a truck manufacturing facility spread over 400s acre at Oragadam, about 45 kms from here, set up at an investment of Rs 4,4...
In the last 40 years, we never shut operations in any market: Daimler Financial Services India ChiefCaptive financing arms of auto companies have a stricter tier-I capital ratio requirement than non-captives.
Daimler AG to hire 800 in India for boosting R&D operationsAutomotive major Daimler AG said today it plans to hire 800 professionals in India to boost Mercedes-Benz research and development team in ...
- Daimler AG forays into financial services space in India
Germany-headquartered Daimler AG today forayed into the financial services space in India with the establishment of a new Daimler Financial...
- Mercedes Brazil puts 7,000 workers on forced leave
Mercedes-Benz Brazil has put 7,000 of its workers on forced vacation to cope with the sudden drop in sales of trucks and buses, a spokeswom...