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Posts Tagged ‘daimler news’

Daimler Brings in Outsiders to Check for Diesel Cheats

German maker denied possibility earlier, but EPA reviewing records.

by on May.02, 2016

Dieter Zetsche, CEO Daimler AG, said earlier that the company's diesel engines did not use any type of software to get around testing procedures.

Daimler AG has brought in an outside firm to review its internal records for any sign of cheating on emission tests for diesel engines sold in the U.S. and the European Union.

The auditing firm of Deloitte Touche Tohmatsu was hired to help with an internal investigation into its diesel-engine emissions technology requested by the U.S. Department of Justice, the luxury car maker said.

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The Delotte Touche review is specifically designed to see if Daimler used any devices to manipulate emissions tests. Volkswagen AG has admitted installing software that did so and faces billions in dollars in fines and court cases. (more…)

Tests Suggest Fiat May Also Have Diesel Emissions Issues

German report raises new concerns about emissions cheating.

by on Apr.25, 2016

The report claims VW was found using software that rolled back emissions controls after 22 minutes.

Fiat may find itself embroiled in the growing scandal surrounding diesel emissions problems.

A report out of Germany suggests the emissions control system on the Italian automaker’s diesel engines may be programmed to allow significantly higher levels of pollution if run for longer than 22 minutes at a time.

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Automakers are coming under increased scrutiny in the wake of the Volkswagen diesel cheating scandal – a crisis that has already cost the German maker at least $18.2 billion and subject it to hundreds of lawsuits and potential criminal charges. Mercedes-Benz parent Daimler AG has launched a probe into its own diesel emissions technology following a request from the U.S. Justice Department. And a number of German automakers have already recalled 630,000 diesels to revise emissions control software.

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Daimler Launches Internal Probe of Diesel Cheating Claims

EPA, Justice Dept. seeking automaker’s input.

by on Apr.22, 2016

Mercedes added a new four-cylinder diesel with the launch of the E250 BlueTec.

Facing two lawsuits and a query from both the U.S. Environmental Protection Agency and the Department of Justice Daimler AG has launched an internal investigation into what the government says are “possible indications of irregularities” with the certification of diesels sold by the Smart and Mercedes-Benz brands.

The move comes even as Volkswagen is attempting to push forward with a proposed settlement of its own diesel emissions problems. VW has told a federal judge in California that the company wants to repurchase about 500,000 vehicles sold in the U.S. using software designed to cheat on emissions tests, while also offering owners financial compensation.

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Daimler, meanwhile, is already facing two class action lawsuits filed by a Seattle firm on behalf of owners who claim their vehicles are not compliant with U.S. emissions standards. Those suits are based on research performed in Europe.

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Daimler Looking to Expand Impact of Technology

Maker expects to find more profits through technology.

by on Apr.11, 2016

Daimler's Dieter Zetsche recently told shareholders that advanced technologies will help make Daimler a leader in the years ahead.

Daimler AG plans to embrace the new digital technology to help keep the 130-year old company relevant long into the future as it continues to evolve, according to the company’s chief executive officer.

Dieter Zetsche, Daimler AG CEO and the head Mercedes-Benz Cars, told the company’s shareholders during the company’s annual meeting in Berlin that while digitalization is changing the industry, it is also opening up new opportunities for companies, such as Daimler, that are willing to embrace them.

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For several years now, Daimler has been developing from an automobile manufacturer into a mobility provider, he said and car2go, the company’s car-sharing subsidiary, is the world’s leading car-sharing company with approximately 1.2 million customers. (more…)

Mercedes-Benz Expected to Carry Daimler to Bigger Profits in 2016

CEO Zetsche tells shareholders Daimler goes as auto sales go.

by on Apr.06, 2016

Daimler's Dieter Zetsche says that Mercedes-Benz sales will carry the company to better results in 2016.

Daimler AG Chief Executive Officer Dieter Zetsche played down the threat to the global automotive business, telling shareholders it was more resilient than analysts have suggested and saying the German automaker is on the verge of a very strong year.

He also dismissed the idea that Daimler could be caught up in the fallout from the Volkswagen emission cheating scandal. While Daimler and its principle subsidiary, Mercedes-Benz cars, have been accused of evading emission regulations in North American and Europe, Zetsche said the company is confident it can demonstrate it has abided by all of the regulations.

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“Let’s begin with the fact that for many years, experts have predicted the end of growth – especially in the automotive industry,” Zetsche told shareholders. (more…)

Daimler Plowing $3 Billion into Diesel Development

Maker tells shareholders EVs, diesels part of product plans.

by on Apr.06, 2016

Dieter Zetsche, CEO of Daimler AG, told shareholders the company plans to invest nearly $3 billion into diesel technology.

Daimler AG plans to invest 2.6 billion euros, nearly $3 billion, in a new line of diesel engines even as it prepares to launch a new battery-electric vehicle that can go 300 miles on a single charge, chief executive officer Dieter Zetsche told the company’s annual shareholders meeting in Berlin.

“The more cars and commercial vehicles are on the road, the more efficiently each one of them must be operated. Here too, the spirit of invention is required more than ever also in this field,” he said.

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Zetsche added Daimler is moving ahead with the investment even as Volkswagen AG has been caught up in a massive scandal for trying to evade the emission standards for diesel engines now in place in the U.S., as well as countries such as South Korea and Mexico. (more…)

Mercedes’ AMG Aiming to Redefine the Future of Performance

Power output isn't necessarily the ultimate measure.

by on Mar.24, 2016

The Mercedes-AMG GLC 43 is powered by a twin-turbo V-6. AMG is looking to change the perception of what's considered "high performance."

It wasn’t all that long ago that delivering 300 horsepower was considered impressive and 400 almost unattainable. As performance fans know, a number of models have lately smashed through the 1,000 hp barrier, the new Bugatti Chiron punching the number up to 1,500.

But is horsepower alone the goal? Is that the only way to define performance? And if so, how far can the industry go?

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While no slouch, with plenty of products topping the 600 horsepower, Daimler AG’s AMG arm wants to define what performance means on its own terms, and simply chasing ever-bigger numbers is not what that’s all about, said the German subsidiary’s CEO Tobias Moers, during a small media roundtable at the 2016 New York International Auto Show. (more…)

Renault and Nissan Tighten Embrace to Boost Earnings

Partners target $6 billion in new synergies.

by on Mar.04, 2016

Renault-Nissan Alliance CEO Carlos Ghosn sees more opportunities for savings.

Already one of the most successful partnerships in automotive history, the Renault-Nissan Alliance is targeting an additional $6 billion in new “synergies” by 2018, the two carmakers announced Friday.

The plan comes as something of a victory lap for Carlos Ghosn, the Brazilian-born executive who serves as CEO of the two companies. Late last year, he beat back a push by the French government, a major investor in Renault, which threatened to fracture the Euro-Asian alliance.

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“The auto industry is rapidly evolving, requiring Renault and Nissan to leverage the Alliance as a pragmatic business tool,” said Ghosn in a prepared statement.

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EPA Looking at Claims Mercedes Rigged Diesels

But no formal investigation, government says.

by on Feb.29, 2016

In 2012, Mercedes launched a U.S. S-Class diesel for the first time since 1995.

Barely a week after a Seattle law firm filed a class action lawsuit against luxury carmaker Daimler AG, the U.S. Environmental Protection Agency confirmed Monday that it is looking into claims the automaker’s diesel vehicles were illegally rigged to pass American emissions standards.

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The agency says it wants data but cautions that it has not yet opened a formal investigation. Parent of Mercedes-Benz denies allegations and says it is fully cooperating with the government.

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Daimler AG Extends Zetsche’s Contract

Top lieutenant also gets new deal.

by on Feb.17, 2016

Dieter Zetsche received a three-year contract extension from Daimler AG.

Daimler AG has extended the contract of its top executive, Dieter Zetsche, for an additional three years through Dec. 31, 2019, and placed one his principal protégés in a key assignment at the heart of the company.

Manfred Bischoff, the chairman of the Daimler supervisory board said in a statement that Zetsche, who will turn 63 in May, had earned the contract extension.

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“Daimler is more successful than ever. This proves that Dieter Zetsche pursues and implements the right strategy not only aligned with the supervisory board,” Bischoff said in a statement, “(but h)e also can inspire Daimler’s employees for the demanding goals of the group. With the contract extension we are securing the continuity at the top needed for sustainable success.” (more…)