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Daimler

AI helping India's engineering hubs generate IP faster, Daimler Truck exec says

Published 20 May, 2026 05:23pm

India has long been a base for technology support and back-office functions for global companies

Daimler Truck mulls China production exit, FT reports

Published 21 Jul, 2025 10:55am

Daimler Truck’s chief executive Karin Radstrom has said the group will not rule out an exit from manufacturing in...

Amazon orders 200 new electric heavy trucks from Daimler for Germany, UK

Published 14 Jan, 2025 08:11am

Amazon, said on Tuesday it has ordered 200 Mercedes-Benz fully-electric eActros 600 heavy goods vehicles from...

Daimler Truck core profit just beats expectations but Europe still weak

Published 07 Nov, 2024 11:13am

Third-quarter core profit at Germany’s Daimler Truck just beat expectations, the firm said on Thursday, driven by a...

Daimler Truck, Traton, Volvo sign off JV plans for Europe charging network

Updated 16 Dec, 2021 01:04pm

BERLIN: Daimler Truck, Traton and Volvo have signed off plans announced in July for a joint venture to set up a...

Daimler says BAIC will not further increase its 9.98% stake

Published 13 Dec, 2021 01:45pm

BERLIN: Daimler on Monday said its Chinese shareholder Beijing Automotive Group Co Ltd (BAIC) has agreed not to...

Chip shortage to cost Daimler Truck billions in revenues

Published 29 Nov, 2021 06:03am

BERLIN: Daimler Truck Chief Martin Daum expects the global chip shortage to hit revenues by several billion euros...

Daimler to produce first in-house electric motor at Berlin plant

Published 19 Nov, 2021 04:35am

BERLIN: Daimler will produce the first in-house electric motor at its oldest plant in Berlin, the carmaker said on...

Daimler to produce first in-house electric motor at Berlin plant from 2022

Published 18 Nov, 2021 03:57pm

BERLIN: Daimler will produce the first in-house electric motor at its oldest plant in Berlin from 2022, the carmaker...

Daimler quarterly profits up despite chip crisis

Published 01 Nov, 2021 05:02am

BERLIN: German luxury automaker Daimler on Friday reported a strong profit boost in the third quarter despite a ...

Daimler quarterly profits up despite chip crisis

Published 29 Oct, 2021 02:05pm

BERLIN: German luxury automaker Daimler on Friday reported a strong profit boost in the third quarter despite a ...

BMW, Daimler sued for refusing to tighten carbon emissions targets

Published 21 Sep, 2021 10:41am

The NGO, Deutsche Umwelthilfe, confirmed to Reuters that the lawsuits had been filed on Monday evening

Daimler sees Q3 hit to Mercedes sales from chip shortage

Published 02 Sep, 2021 06:17pm

"With the plant closings at semiconductor suppliers in Malaysia and elsewhere, the challenge has now become even greater, so that our sales in the third quarter will probably be noticeably below the second quarter," Ola Kaellenius says

Daimler to keep 35% stake in trucks spin-off as separation nears

Published 30 Jul, 2021 07:36pm

Daimler, in turn, will be renamed Mercedes-Benz Group AG to reflect its focus on the car and van business including the Mercedes-Benz brand

Going electric: Carmakers make the switch

Published 25 Jul, 2021 11:37am

VW's high-end Audi brand expects to be 100-percent electric in 2033

Daimler aims to be ready for an all-electric car market by 2030

Published 22 Jul, 2021 05:17pm

To invest more than 40 bln euros in EVs by 2030
From 2025 new vehicle platforms will only make EVs
To build eight battery plants

Truckmaker Volvo profit just misses view as chip shortage weighs

Published 20 Jul, 2021 11:11am

Volvo, a rival of Germany's Daimler and Traton , said it struggled with substantial production stoppages as a result in the second quarter

VW, Daimler, Volvo team up to build truck chargers

Published 05 Jul, 2021 04:05pm

The project will be managed by a joint venture that is planned to begin operations next year.

Renault-Nissan rejig how they manage Daimler partnership

Published 24 Jun, 2021 07:37pm

Alliance-level job in charge of Daimler ties to be scrapped.
Firms to manage relations with Daimler bilaterally.
Partnership has not met initial hopes, but still has projects.

Daimler to pay Nokia patent fees, ending legal fight

Published 02 Jun, 2021 04:29am

BRUSSELS: Daimler has agreed to pay Nokia for using its patents, ending a row that highlighted a battle between tech...

Volkswagen lifts margin target on demand for premium cars

Published 06 May, 2021 11:49am

Volkswagen's operating profit came in at 4.8 billion euros ($5.8 billion) in the first quarter to March, helped by cost cuts and higher sales, versus 0.9 billion in the same period last year that was impacted by the COVID-19 pandemic.

Nissan to sell entire Daimler stake for $1.4 billion

Published 05 May, 2021 11:14am

Its industrial cooperation with Daimler remained unchanged, the company said, adding: "The two groups continue to collaborate in several areas."

European new car sales jump 87% y/y in March

Published 16 Apr, 2021 11:01am

Sales at Volkswagen and Stellantis to the EU, Britain and the countries of the European Free Trade Association (EFTA), rose by 46% and 140% respectively, while Renault reported a rise of 70%.

Daimler says despite chip shortage, 2021 off to good start

Published 31 Mar, 2021 12:05pm

The carmaker said the planned listing of its truck making unit is being prepared and should be completed by the end of 2021.

Daimler sees good times ahead despite pandemic

Published 18 Feb, 2021 05:22pm

For 2020, Daimler booked 4.0 billion euros in net profit, a 48 percent increase on the previous year when it was hit by one-off expenses.

Daimler partners with Amazon on self-driving trucks

Published 17 Feb, 2021 05:10pm

In June 2020, it announced a partnership with US chip company Nvidia to develop AI driving applications which included Levels 2, 3 and 4.

Daimler Trucks labour chief wants clean tech investments in Germany

Published 14 Feb, 2021 03:49am

FRANKFURT: Daimler Trucks, which is being spun off by its parent group later this year, should invest much of a 1.5...

Daimler Trucks labour chief wants clean tech investments in Germany

Published 13 Feb, 2021 07:51pm

Daimler announced the fund on Feb. 3 alongside plans to spin off the world's largest truck and bus maker, as it seeks to increase its appeal to investors as a focused electric, luxury cars business.
We will develop proposals for new projects for individual sites, with which we can support additional employment and the change to new drive technologies.

Daimler Trucks chief says clean trucks will be ready before clean fuels

Updated 09 Feb, 2021 11:32pm

The infrastructure will take longer than we take to make a good product available.
The regulators are playing with the future of their respective economies.
The biggest growth potential I see is in technology in our existing markets.

Daimler plans majority spin-off and listing of truck business

Published 03 Feb, 2021 09:57pm

As a result of the spin-off, a significant majority stake in the Daimler Truck business would be distributed to Daimler AG's shareholders allowing for a deconsolidation.
A spin-off would require the approval of an extraordinary shareholders' meeting of Daimler AG.

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Crude Oil USD/Barrel / Oct 1	92.53
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Dewan Motors / Oct 1 Dewan Farooque Motors Limited(DFML)	17.49 ▲ 1.59 (10%)
Ellcot Spinning / Oct 1 Ellcot Spinning Mills Limited(ELSM)	196.28 ▲ 17.84 (10%)
First Imrooz Mod. / Oct 1 First Imrooz Modaraba(FIMM)	286.94 ▲ 26.09 (10%)
Fazal Cloth / Oct 1 Fazal Cloth Mills Limited(FZCM)	280.46 ▲ 25.5 (10%)
Mandviwala / Oct 1 Mandviwala Mauser Plastic Industries(MWMP)	84.78 ▲ 7.71 (10%)
Popular Islamic / Oct 1 Popular Islamic Modaraba(PIM)	65.60 ▲ 5.96 (9.99%)
Arctic Textile / Oct 1 Arctic Textile Mills Limited(ARCTM)	57.29 ▲ 5.17 (9.92%)
D.S. Ind. Ltd. / Oct 1 D.S. Industries Limited(DSIL)	15.68 ▲ 1.41 (9.88%)
Lse Spac-I Ltd. / Oct 1 Lse Spac-I Limited(SPAC1)	22.36 ▲ 1.95 (9.55%)
Asim Textile / Oct 1 Asim Textile Mills Limited(ASTM)	124.56 ▲ 10.6 (9.3%)

Stock	Price
EFU Life Assr / Oct 1 EFU Life Assurance Limited(EFUL)	125 ▼ -39.01 (-23.79%)
Ashfaq Textile / Oct 1 Ashfaq Textile Mills Limited(ASHT)	45.51 ▼ -5.06 (-10.01%)
First Tri-Star Mod. / Oct 1 First Tri-Star Modaraba(FTSM)	44.03 ▼ -4.89 (-10%)
Pakistan Credit Rating Agency / Oct 1 The Pakistan Credit Rating Agency Ltd(GEMPACRA)	43.67 ▼ -4.85 (-10%)
First Punjab Modaraba / Oct 1 First Punjab Modaraba(FPJM)	26.14 ▼ -2.9 (-9.99%)
East West Ins. / Oct 1 East West Insurance Company Limited(EWIC)	59.25 ▼ -6.37 (-9.71%)
Asia Ins. / Oct 1 Asia Insurance Company Limited(ASIC)	32.42 ▼ -3.43 (-9.57%)
Karam Ceramics / Oct 1 Karam Ceramics Limited(KCL)	156.18 ▼ -15.27 (-8.91%)
Power Cem(Pref) / Oct 1 Power Cement (Pref)(POWERPS)	29.62 ▼ -2.87 (-8.83%)
Apna Microfin. / Oct 1 Apna Microfinance Bank Limited(AMBL)	18.07 ▼ -1.73 (-8.74%)

Stock	Volume
Kohinoor Spinning / Oct 1 Kohinoor Spinning Mills Limited(KOSM)	93,751,754 ▲ 0.11
F. Nat.Equities / Oct 1 First National Equities Limited(FNEL)	38,616,570 ▲ 0.09
Cnergyico PK / Oct 1 Cnergyico PK Limited(CNERGY)	26,026,242 ▼ -0.14
Pak Int.Bulk / Oct 1 Pakistan International Bulk Terminal(PIBTL)	25,714,456 ▲ 0.03
First Punjab Modaraba / Oct 1 First Punjab Modaraba(FPJM)	22,551,198 ▼ -2.9
Tasdeeq Info. Serv. / Oct 1 Tasdeeq Information Services Limited(TISL)	19,722,398 ▲ 0
K-Electric Ltd. / Oct 1 K-Electric Limited(KEL)	17,323,432 ▼ -0.03
WorldCall Telecom / Oct 1 Worldcall Telecom Limited(WTL)	17,315,970 ▼ -0.01
D.S. Ind. Ltd. / Oct 1 D.S. Industries Limited(DSIL)	16,558,025 ▲ 1.41
Pak Refinery / Oct 1 Pakistan Refinery Limited(PRL)	16,113,756 ▼ -1.8

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