daimler

Online retailer Amazon.com (NASDAQ:AMZN) said on Tuesday that it has ordered more than 200 new eActros 600 vehicles from Mercedes-Benz Trucks to deploy in Europe in a bid to electrify its fleet. What Happened: The trucks will join Amazon’s transportation network later this year, the...

Daimler Truck Holding AG has received the go-ahead to become a stand-alone company from the Board of Management and Supervisory Board of Daimler AG. After the planned spinoff of Daimler Truck by the end of this year, shareholders of Daimler AG will hold a 65% stake in the new company, which will...

Daimler Trucks North America is recalling 122,056 Freightliner and Western Star trucks because the battery terminal cable may break, resulting in a loss of electrical power followed by an engine stall. The recalled vehicles are 2019-2022 Freightliner Cascadia P4, 2021 Western Star WH126, 2020...

Federal regulators have ordered manufacturers and operators of trucks equipped with Level 2 advanced driver assistance systems (ADAS) or Levels 3-5 automated driving systems (ADS) to report crashes. The National Highway Traffic Safety Administration announced on Tuesday that it was exercising its...

German automotive supplier Robert Bosch will make and sell air compressors to Cellentric, the fuel cell joint venture of Germany's Daimler Truck AG and Sweden's Volvo Group AB. Trucks and stationary fuel cells for data centers and other high-power installations are several years away. But...

Daimler Trucks North America (DTNA) is adding three safety features that could build on preliminary federal statistics that showed truck-related crash deaths fell last year while passenger car fatalities increased. The new features for the Detroit Assurance suite of safety systems add more...

Three dozen fires resulting from improper installation of replacement headlamps is prompting Daimler Trucks North America (DTNA) to recall more than 72,000 Freightliner Cascadia Class 8 trucks across six model years. No injuries were reported by DTNA or in the National Highway Traffic Safety...

A leading electric bus maker is going public via SPAC in a deal announced Tuesday morning. The SPAC Deal: Electric bus leader Proterra is being taken public by ArcLight Clean Transition Corp (NASDAQ: ACTC). The deal values Proterra with an enterprise value of $1.6 billion. Current ArcLight...

Fisker and Magna International (NYSE: MGA) on Thursday announced a partnership that will see Magna manufacture the Fisker Ocean SUV at its European vehicle assembly facility. Production will start in late 2022. Magna is being issued warrants to purchase up to 6% of Fisker stock following the...

Daimler AG (OTC: DDAIF) will report better-than-expected second-quarter earnings next Thursday, July 23. But job cuts are a big part of the brighter picture. "We took proactive decisions on costs and spending and focused intensely on working capital management," said CEO Ola Kaellenius, Chairman...

German automaker Daimler AG (OTC: DDAIF), the parent company of Daimler Trucks, reported modestly higher sales and earnings for 2019 but said U.S. Class 8 truck orders fell 51% compared with a year earlier. Overall truck sales fell 6% to 488,500 compared with 517,300 a year earlier. Revenue...

Daimler AG (OTC: DDAIF) reported that it is another step closer to finalizing plans to "streamline the company" in a Nov. 29 press release. The company announced that it has reached an agreement with employee representatives to "reduce staff costs and employment in a socially responsible manner."...

The Daimler Trucks & Buses unit of Daimler AG (DDAIF) will buy lithium-ion battery technology for its Mercedes-Benz, Freightliner and Fuso commercial electric trucks from Chinese supplier Contemporary Amperex Technology (CATL). The long-term supply agreement announced Wednesday, Sept. 18,...

Daimler Vans USA is recalling 2019 Mercedes-Benz and Freightliner Sprinter 1500, 2500, 3500 and 4500 vans because a software glitch can reduce the brightness or extinguish the taillights if the manual switch is turned too quickly. Reduced taillight visibility increases the risk of a crash,...