Companies making headlines after the bell Tuesday:» Read More
FRANKFURT, Oct 21- Daimler AG said on Tuesday it would book a $780 million windfall from selling its 4 percent stake in rival electric car maker Tesla Motors Inc. The stake sale comes as a surprise, even though the Stuttgart- based maker of Mercedes-Benz cars insisted that a technological cooperation deal between the two carmakers remains unchanged.
Daimler AG says it has sold its 4 percent stake in electric car maker Tesla for $780 million. The Germany- based parent of Mercedes-Benz says its partnership with Tesla Motors Inc. is unaffected. Tesla shares fell $2.64, or 1.1 percent, to $232.70 in after-hours trading.
BANGALORE, Oct 10- Infosys Ltd wants to revive growth through automation and artificial intelligence, its chief executive said on Friday, boosting investors' confidence in India's second largest IT exporter after it posted a forecast-beating quarterly profit. Chief Executive Vishal Sikka was brought in earlier this year to chart a new strategy for Infosys,...
A new study raises questions about the dangers facing drivers using hands-free, voice-activated systems.
The automaker will offer 7,500 AAdvantage miles to American Airlines frequent fliers who test drive a Cadillac.
Experts are concerned that autonomous vehicles could be susceptible to sinister cybercriminal activity.
Western companies have traditionally stuck to their backyards when it comes to recruiting board members, but this is changing.
Oct 3- The United Auto Workers on Friday announced the formation of UAW Local 112 for hourly workers at Daimler AG's Mercedes-Benz plant in Alabama, and confirmed it will work with two German labor groups to organize the plant. "What happens here is important to the future of the labor movement," said UAW president Dennis Williams, who swore in the initial members of...
Oct 3- The United Auto Workers on Friday announced the formation of UAW Local 112 for hourly workers at Daimler AG's Mercedes-Benz plant in Alabama, and confirmed it will work with two German labor groups to organize the plant. The American union's efforts at the plant will be similar to a strategy it employed for the Volkswagen AG plant in Chattanooga, Tennessee,...
A long-awaited French corporate trial involving allegations of insider trading in the shares of Airbus Group got under way on Friday.
DETROIT, Oct 2- The United Auto Workers and two German labor groups will announce on Friday plans to work together to organize Daimler AG's Mercedes-Benz plant workers in Alabama, sources close to one of the German labor groups said on Thursday. The goal is for the UAW to eventually represent Daimler workers in Alabama in negotiations with the luxury automaker.
CEO Mary Barra outlined the company's long-term business plan during a presentation at company headquarters in Detroit on Wednesday.
Daimler has unveiled plans for a self-driving Mercedes truck, predicting that driverless trucks could hit highways in 10 years' time.
Wolfgang Bernhard, head of Daimler trucks and buses at Daimler, outlines his vision of transportation vehicles in the future and discusses Mercedes' driverless truck.
Wolfgang Bernhard, head of Daimler trucks and buses at Daimler AG, says the European market is "very weak" but there is a "ray of hope" in North America.
Tesla shares are down since the market's recent high, and one investment pro thinks it's a great time to buy. Here's why.
Foreign companies in China appear to be pushing back against increased scrutiny from Chinese government anti-trust enforcers. The New York Times reports.
Select Japanese and European equities hold the greatest potential right now, Morningstar's Fund Manager of the Decade David Herro says.
More than 30,000 Americans are killed in highway crashes each year, but experts believe that death toll could sink to zero.
For the second-straight year, satisfaction with the auto industry is down, according to the latest ACSI report.