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Cost of Dieselgate Continues to Rise for Daimler AG

Cost of Dieselgate Continues to Rise for Daimler AG

The cost of backing away from passenger cars equipped with diesel engines continues to grow for Daimler AG. Daimler said this week Mercedes-Benz customers in Germany could apply for a 3,000 euro or $3,350 subsidy to upgrade the exhaust filters of older, polluting...
Daimler AG Reports $1.34B Second Quarter Loss

Daimler AG Reports $1.34B Second Quarter Loss

In a report likely to send shock waves through the industry, Daimler AG, the parent company of Mercedes-Benz Cars, earnings plunged during the second quarter as the German auto giant posted a loss of 1.2 billion euros, or $1.34 billion, for the second quarter, a steep...
Daimler, Bosch Get New Autonomous Parking Approval

Daimler, Bosch Get New Autonomous Parking Approval

Daimler AG and Robert Bosch GmbH have gained approval to experiment with an automated driving system that won’t employ a “safety driver.” Until now, experiments with self-driving vehicles by companies such as Waymo, Uber and Cruise Automation, GM’s automated-driving...