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Daimler AG

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  • Ford jumps into the car-sharing pool with pilot program Wednesday, 24 Jun 2015 | 8:49 AM ET

    NEW YORK— Ford is following the ride-sharing craze, launching its own pilot program in six U.S. cities and in London. Ford Motor Co. said that 14,000 customers in the U.S. will be invited to participate, along with 12,000 in London. The program is being offered through November to Ford Credit customers in Chicago, Washington D.C., Portland, Oregon and California...

  • Ford joins competitors in growing car-sharing field Tuesday, 23 Jun 2015 | 10:30 PM ET

    June 23- Ford Motor Co will test new car-sharing programs with U.S. and UK partners as part of a strategy to embrace alternatives to traditional car ownership, including more flexible on-demand models. Ford's finance arm is launching pilot car-sharing programs with Getaround in the United States and easyCar Club in London, Ford Chief Executive Officer Mark...

  • PALO ALTO, Calif./ DETROIT, June 23- Ford Motor Co is joining other global automakers in stepping up efforts to roll out self-driving cars, company executives said on Tuesday. Ford has lagged behind competitors, notably General Motors Co, Volkswagen AG's Audi, Daimler AG's Mercedes-Benz and Tesla Motors Inc, which have all announced plans to begin offering...

  • *Rules would cut fuel costs by $170 billion in 2018-2027. WASHINGTON, June 19- The Obama administration proposed new rules on Friday to slash greenhouse gas emissions from heavy, long-haul trucks, a move to attack climate change that prompted a wary response from industry groups worried about the costs. The complex proposal from the U.S. Environmental...

  • WASHINGTON, June 19- U.S. regulators on Friday proposed a 24 percent improvement in fuel efficiency for heavy trucks by 2027 as part of the Obama administration's plan to reduce greenhouse gas emissions. The Environmental Protection Agency said the new standards for truck tractors would reduce carbon emissions by a total of 1.1 billion tons and begin with...

  • Truckers also want consistent standards throughout the country instead of a separate state rule in California. The EPA has said it intends to propose "performance-based" standards, allowing truck makers and operators to hit the target either through the engine, aerodynamic add-ons to trucks and trailers or software to make driving more fuel efficient.

  • NEW YORK- June 3- French automaker Renault SA and its Japanese partner Nissan Motor Co continue to increase savings through synergies and can meet longer-term goals without expanding its current alliances, Chief Executive Carlos Ghosn told Reuters on Wednesday. Nissan and Renault can continue to cut the costs of developing new cars and trucks, including...

  • European ends higher after ECB holds rates Wednesday, 3 Jun 2015 | 11:30 AM ET
    A police officer stands next to a security barrier topped with barbed wire outside the European Central Bank (ECB) headquarters as the inauguration ceremony for the new building takes place in Frankfurt, Germany, on Wednesday, March 18, 2015. Anti-austerity protesters seeking to spoil the inauguration of the European Central Bank's new headquarters in Frankfurt's east end set vehicles alight, erected barricades and left a trail of destruction across the city.

    European equities closed higher on Wednesday after the European Central Bank (ECB) held its key interest rates unchanged.

  • EAST DUBUQUE, Illinois, May 25- Mario Enriquez says there's no real trick to getting great fuel mileage in a big truck. Enriquez averaged 9.74 miles per gallon from February to April in an International ProStar made by Navistar International Corp. For that, his employer, Mesilla Valley Transportation, awarded him a Nissan Versa compact car.

  • Memorial Day deals expected to lure car buyers Friday, 22 May 2015 | 4:04 PM ET
    A salesman (left) assists a customer at the Mercedes-Benz of San Francisco car dealership.

    A confluence of economic factors are setting the scene for a strong Memorial Day Weekend in the auto industry.

  • Mercedes-Benz fires 500 workers at Brazil truck plant Tuesday, 19 May 2015 | 7:09 PM ET

    SAO PAULO, May 19- The Mercedes-Benz truck unit of Germany's Daimler AG said on Tuesday it had dismissed 500 workers at a Brazilian truck plant and is putting about 7,000 others on paid leave as it suspends production in the face of plunging sales. Truck sales in Brazil tumbled about 40 percent in the first four months of this year compared with the same period of...

  • DETROIT, May 19- Aston Martin will decide whether add production at another plant by the end of the year and it would likely be in the United States, the British luxury sports car maker's chief executive told Automotive News. CEO Andy Palmer told the industry publication on Tuesday that the U.S. state of Alabama is the "obvious choice" for a new plant to build the...

  • *No need to change capital alliance with Renault- Nissan's Ghosn. YOKOHAMA, Japan, May 18- Nissan Motor Co Ltd CEO Carlos Ghosn said on Monday there was no need to change the automaker's capital alliance with Renault, after France raised its stake and voting rights in Renault last month. The French government, which owns almost 20 percent of Renault, has said it wants...

  • Test drive a Porsche at firm's new headquarters Thursday, 7 May 2015 | 11:05 AM ET
    A Porsche 911 GT3 at the new test track

    Porsche's new $100 million North America headquarters, which opened just outside of Atlanta, includes a test track.

  • Self-driving semitruck gets a license to ride Wednesday, 6 May 2015 | 9:54 AM ET
    Freightliner unveils its Inspiration self-driving truck during an event at the Hoover Dam Tuesday, May 5, 2015, near Boulder City, Nev.

    The world's first autonomous 18-wheeler was given an official Nevada license plate on Tuesday.

  • LAS VEGAS, May 5- Nevada has given Daimler AG, the world's biggest truck maker, the go-ahead to test its self-driving heavy freight truck for the first time on the open road in ordinary traffic, the two sides announced on Tuesday. "Today is history," Nevada Governor Brian Sandoval, a Republican, said before posing with Daimler board member Wolfgang Bernhard with a red...

  • UPDATE 2-Strong dollar mutes Harman's forecast Thursday, 30 Apr 2015 | 12:47 PM ET

    *3rd- qtr adj EPS $1.22 vs est $1.27. April 30- Harman International Industries Inc, the maker of JBL and Harman Kardon audio systems, cut its profit forecast and said a strong dollar was blunting its edge against overseas rivals in its professional audio equipment business. The professional unit, which makes loudspeakers, headphones and mixing consoles,...

  • China fines Mercedes $56.5M for price fixing Thursday, 23 Apr 2015 | 2:57 AM ET

    A local pricing regulator in China said on Thursday it has fine Daimler's Mercedes-Benz $56.49 million for price fixing.

  • UPDATE 1-China fines Mercedes $56.5 mln for price fixing Wednesday, 22 Apr 2015 | 11:06 PM ET

    SHANGHAI, April 23- A local pricing regulator in China said on Thursday it has fined Daimler AG's Mercedes-Benz 350 million yuan for price fixing. China has been clamping down on the auto sector, punishing foreign carmakers for price fixing for the first time last year when it fined the Chinese venture of Volkswagen AG and a sales unit of Fiat Chrysler...

  • Growing demand for SUVs lifts production in China Monday, 20 Apr 2015 | 3:21 PM ET
    Visitors walk around a Mercedes Benz concept GLC Coupe car during the 16th Shanghai International Automobile Industry Exhibition in Shanghai, April 20, 2015.

    SUVs are becoming more popular in inner China, causing automakers to boost production on the vehicles.