Daimler News

Volkswagen`s truck division will spend about half a billion euros by the end of the decade to enhance digital features of heavy-goods vehicles as truckmakers increase their focus on automation in road haulage, it said on Monday

Rolex has been named the most reputed company of the year 2016 as per an annual survey conducted by Reputational Institute and released by Forbes

Germany`s premium car makers are close to a deal to buy Nokia`s HERE for between 2.5 billion and 3 billion euros.

German commercial vehicle maker Daimler has begun shipment of left-hand drive Fuso trucks to Cambodia, making the country its 13th global market.

Finland`s Nokia started an auction of its HERE high-definition maps business while it focuses on completing its 15.6 billion euros ($17.2 billion) takeover of network equipment maker Alcatel Lucent.

Commercial vehicle maker Daimler India Commercial Vehicle, a 100 per cent subsidiary of Stuttgart-based Daimler, on Wednesday inaugurated its new bus manufacturing facility set up at an investment of Rs 425 crore at Oragadam.

Daimler and Baidu announced their tie-up on Monday at consumer electronics show CES in Shanghai.

Carmaker Daimler on Saturday announced a partnership with mobile technologies company Qualcomm Inc. to explore wireless recharging of mobile phones in cars as well as recharging of electric cars without cables.

"MSSL estimates these orders to generate sales revenues of approximately Rs 15,400 crore (around 2.2 billion Euro) over its lifetime and expected to commence from calendar year 2018," it added.

Nokia`s maps business has drawn interest from at least four potential acquirors, including Facebook and a consortium of German carmakers BMW, Audi and Daimler, a German magazine reported on Wednesday.

Aston Martin on Tuesday announced plans for a luxury crossover SUV that may draw more heavily on its partnership with Daimler, as the British sports car maker confirmed moves to raise more capital and expand into new vehicle categories.

The main talking point at this week`s Geneva car show is likely to be a vehicle that may never be built: the Apple car.

BMW launched its car-sharing service in London on Thursday, barely six months after fellow German carmaker Daimler said it was shutting its equivalent initiative in Britain.

Mercedes-Benz opened the Tuscaloosa plant 20 years ago and the UAW has spent years trying to organize the plant without success. 

Daimler's bus plant located in Oragadam, near Chennai is coming up at an investment of Rs 424 crore.

Daimler expects sales in Indian market to pick up with the new government at the Centre.

The Mercedes-Benz office, in a western suburb of Shanghai, includes a dealership with a showroom and a service centre.