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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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Currency	Rate
USD PKR Interbank Selling / Jul 20	278.15
USD PKR Interbank Buying / Jul 20	277.95
USD to Japanese Yen / Jul 21	162.52
USD to Swiss Franc / Jul 21	0.81
Pound Sterling to USD / Jul 21	1.34
Euro to USD / Jul 21	1.14
SOFR % / Jul 20	3.62

Stock	Volume
S&P 500 / Jul 20	7,443.28
Nasdaq / Jul 20	25,508.07
FTSE 100 / Jul 20	10,524.76
Dow Jones / Jul 20	51,839.26
Germany DAX 30 / Jul 20	24,846.69
France CAC40 / Jul 20	8,340.11
India Sensex / Jul 21	77,478.67
Tokyo Nikkei / Jul 21	65,077.32
Hang Seng / Jul 21	25,036.86

Item	Value
Karachi Cotton PKR/37.32 KG / Jul 20	18,880
Gold 10 Grams PKR / Jul 20	363,971
Petrol/Litre / Jul 21	316.15
Crude Oil USD/Barrel / Jul 21	82.50
Gold Spot USD/Ounce / Jul 21	4,050.88
Diesel/Litre / Jul 21	354.35
Cotton US¢/pound / Jul 21	79.38

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Stock	Price
Invest Capital Invest Bank / Jul 21 Invest Capital Investment Bank Limited(ICIBL)	21.75 ▲ 1.98 (10.02%)
Crescent Cotton / Jul 21 Crescent Cotton Mills Limited(CCM)	64.96 ▲ 5.91 (10.01%)
First IBL Mod. / Jul 21 First IBL Modaraba(FIBLM)	15.27 ▲ 1.39 (10.01%)
Ahmad Hassan / Jul 21 Ahmad Hassan Textile Mills Limited(AHTM)	110.23 ▲ 10.02 (10%)
Asia Ins. / Jul 21 Asia Insurance Company Limited(ASIC)	41.69 ▲ 3.79 (10%)
Husein Industries / Jul 21 Husein Industries Limited(HUSI)	60.50 ▲ 5.5 (10%)
Leather Up Ltd. / Jul 21 Leather Up Limited(LEUL)	50.58 ▲ 4.6 (10%)
National Silk / Jul 21 The National Silk & Rayon Mills Limited(NSRM)	329.37 ▲ 29.94 (10%)
Olympia Mills / Jul 21 Olympia Mills Limited(OML)	130.17 ▲ 11.83 (10%)
Suhail Jute / Jul 21 Suhail Jute Mills Limited(SUHJ)	270.97 ▲ 24.63 (10%)

Stock	Price
Khairpur Sug. / Jul 21 Khairpur Sugar Mills Limited(KPUS)	1,515.89 ▼ -168.43 (-10%)
Service Textile / Jul 21 Service Industries Textiles Limited(SERT)	50.44 ▼ -5.6 (-9.99%)
Azgard Nine (Non-Voti) / Jul 21 Azgard Nine (Non-Voti)(ANLNV)	7.52 ▼ -0.8 (-9.62%)
Maqbool Textile / Jul 21 Maqbool Textile Mills Limited(MQTM)	31.02 ▼ -2.41 (-7.21%)
Crescent Fib. / Jul 21 Crescent Fibres Limited(CFL)	55.05 ▼ -3.84 (-6.52%)
Imperial Limited / Jul 21 Imperial Limited(IML)	22.50 ▼ -1.51 (-6.29%)
Popular Islamic / Jul 21 Popular Islamic Modaraba(PIM)	23.58 ▼ -1.53 (-6.09%)
PIA Holding Co.B / Jul 21 PIA Holding Company Limited B(PIAHCLB)	16,910 ▼ -1089.99 (-6.06%)
Dadex Eternit / Jul 21 Dadex Eternit Limited(DADX)	90 ▼ -5.7 (-5.96%)
Sana Ind / Jul 21 Sana Industries Limited(SNAI)	36.51 ▼ -2.28 (-5.88%)

Stock	Volume
Cnergyico PK / Jul 21 Cnergyico PK Limited(CNERGY)	77,909,345 ▲ 0.3
TPL Properties / Jul 21 TPL Properties Limited(TPLP)	39,750,773 ▲ 0.59
Trust Sec.& Brok. / Jul 21 Trust Securities & Brokerage Limited(TSBL)	37,681,991 ▲ 0.16
Pak Refinery / Jul 21 Pakistan Refinery Limited(PRL)	19,223,526 ▲ 3.14
B.O.Punjab / Jul 21 The Bank of Punjab(BOP)	14,444,617 ▲ 0.71
F. Nat.Equities / Jul 21 First National Equities Limited(FNEL)	11,202,537 ▲ 0.02
TPL Corp Ltd / Jul 21 TPL Corp Limited(TPL)	10,488,675 ▲ 0.7
WorldCall Telecom / Jul 21 Worldcall Telecom Limited(WTL)	9,319,833 ▲ 0.03
K-Electric Ltd. / Jul 21 K-Electric Limited(KEL)	8,893,415 ▲ 0.14
United Insurance / Jul 21 The United Insurance Company(UNIC)	8,781,855 ▼ -0.44

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