Daimler, Volvo and Traton plan $600 million truck-charging joint ventureThe three companies, which are normally competitors, will invest 500 million euros ($593.20 million) in the venture that they will own equa...
05 Jul, 2021, 11.54 AM IST
Daimler set to spin off truck unit by year end: CFO"We are right on schedule with the detailed preparations for this complex project and want to float Daimler Truck on the stock exchange as ...
27 Jun, 2021, 05.34 PM IST
Daimler to pay Nokia patent fees, ending legal disputeTechnology firms want automakers to pay royalties for technologies used in navigation systems, communications and self-driving cars but the...
01 Jun, 2021, 12.28 PM IST
Daimler, Volvo plan hydrogen fuel cell production in Europe in 2025The rival German and Swedish makers of large freight-hauling trucks formed their joint venture, cellcentric, in March. They said they would...
29 Apr, 2021, 03.20 PM IST
Swedish earnings, Daimler support European stocks ahead of EU summitThe pan-European STOXX 600 index rose 0.2% by 0714 GMT, with automakers jumping 1.8% after Daimler AG said it expects to post a smaller-tha...
17 Jul, 2020, 02.20 PM IST
Daimler teams up with Volvo in 1.2-bn-euro deal to make hydrogen batteriesThe joint venture between the two, valued at 1.2 billion euros ($1.3 billion), is "a milestone in bringing fuel cell powered trucks and bus...
21 Apr, 2020, 12.50 PM IST
Amazon will now deliver packages to the trunk of your carThe app-based service, which lets car owners provide delivery agents with access to trunks, is an example of how Amazon is exploring new me...
25 Apr, 2018, 08.25 AM IST
Five leaders in the race for driverless carsGoogle has collected over 1.5 million autonomous miles which includes not just highways, but regular roads too.
14 Jun, 2016, 02.48 PM IST
World's largest truck maker Daimler expands footprint in IndiaHaving started from 9-49 tonne through its Bharat Benz trucks, DICV is now planning to create a new entry point in India by introducing a 5...
06 Apr, 2016, 05.50 PM IST
Daimler to export Mercedes Benz buses from IndiaDaimler AG, the world's largest truck maker is preparing to export its fully built luxury buses under the Mercedes Benz brand to South Asia.
28 May, 2015, 09.26 AM IST
- Sales of premium trucks replicate successful run enjoyed by top-end passenger cars
Sales of premium trucks are replicating the successful run enjoyed by top-end passenger cars, as transporters see sense in buying larger an...
04 Aug, 2011, 07.55 AM IST
- China becomes Volvo's third largest market: State media
China has become the third largest market for Volvo, which was recently acquired by Chinese car maker Geely, state media reported Saturday.
23 Oct, 2010, 02.20 PM IST
- Japanese bus makers eye tie-up
Japan's Nissan Diesel Motor Co. and Mitsubishi Fuso Truck and Bus Corp. said Monday they had agreed to explore a merger of their bus manufa...
31 Aug, 2009, 03.34 PM IST
- Daimler decides not to buy Volvo from Ford: Report
German car giant Daimler has decided not to buy Swedish-based Volvo Cars from ailing US Ford.
03 Jan, 2009, 08.23 PM IST
- Daimler to cut 3,500 jobs in US, Canada
German heavy truck maker Daimler said it will eliminate 3,500 North American jobs owing to the worsening economic slowdown. Jet lays off 60...
15 Oct, 2008, 02.30 AM IST
- Eicher Motors soars 12% on stake sale buzz
Eicher Motors shares zoomed ahead on reports that European automobile major Volvo is in advanced negotiations to acquire majority stake in ...
04 Oct, 2007, 11.14 AM IST
- BMW wants to step up cooperation with Mercedes
BMW wants to intensify cooperation with its fellow German luxury car maker Mercedes, a top BMW executive said.
11 Jun, 2007, 08.40 AM IST