Mercedes Benz

Hesai Group – ADR (NASDAQ:HSAI) shares are trading higher Tuesday after the company secured a multi-year deal with Mercedes-Benz to supply Lidar sensors. What Happened: Mercedes-Benz is set to develop smart cars equipped with Hesai’s lidar sensors, according to Reuters. A person with...

Mercedes Benz Group ADR (OTC: DMLRY) has announced that it is recalling almost one million older vehicles worldwide due to a possible problem with the brake booster.  "We have found that in some of those vehicles, the function of the brake booster could be affected by advanced corrosion...

Daniel Galves of Credit Suisse on Tuesday stated in a note that various auction and dealer checks suggest that Tesla Motors Inc (NASDAQ: TSLA) is benefiting from strong demand. Galves notes that order-to-delivery time for sales in the U.S. has expanded to a range of 2.5 to three months which is...

As the week comes to end, Benzinga takes a look back at some of the top trending auto news stories. Hyundai And KIA Settle With U.S. Regulators South Korean-based Hyundai and Kia were fined $100 million by U.S. regulators for violating the Clean Air Act. The automakers were accused of over-...

Editor's Note: Story previously said Ford (NYSE: F) did not offer an all-electric vehicle. Ford offers an all-electric version of its Focus, which has been available since the end of 2011. Nissan Motor Co. (OTC: NSANY) announced Tuesday, January 15 that it will diversify production in a plant that...