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In this article, we are going to take a look at why Mercedes-Benz upgraded its full year outlook. Compared to its main peer BMW, Mercedes-Benz has undertaken another strategy that seems to deliver bet
(Reuters) -The Federal Court of Australia has ordered Mercedes Benz Group's local unit to pay an A$12.5 million ($8.49 million) fine for failing to communicate to customers the urgency in recalling it

7 Cheap Stocks to Buy for a Quick Buck

04:14pm, Monday, 29'th Aug 2022
Usually, investors ought to consider investments based on their fundamental resilience and implied upside value, not necessarily because they're cheap stocks to buy for a quick buck. However, it's als
Daimler Truck is installing its own CEO to lead Torc Robotics, ending a 17-year era of Michael Fleming's leadership. The move folds the independent subsidiary further into the world's largest truck ma

Daimler Truck improves top and bottom lines in Q2

03:29pm, Thursday, 11'th Aug 2022
Daimler Truck AG reported higher revenue and income for the second quarter. But its expressed concerns for full-year results because of Russia's ongoing war in Ukraine.
Daimler Truck reported earnings before interest and taxes of 1.01 billion euros ($1.04 billion) in the second quarter, far exceeding analysts' expectations as high demand and positive exchange rate ef
Mercedes-Benz is partnering with Unity to build the new infotainment OS and UI in their future luxury cars.
Refuse collection trucks were included in a European truck cartel the European Commission fined in 2016, the top EU court ruled on Monday, opening the door to claims from buyers of these vehicles.
Mercedes-Benz Group AG (OTCMKTS: DMLRY) raised its outlook for the rest of the year during its earnings release on July
Daimler Truck has started production of its second electric model, an inner-city waste disposal truck named the eEconic, the company said on Friday, as it seeks to capture market share in Europe's tin
Mercedes-Benz started before the pandemic to focus more on margins than on volumes. The company found itself ready to gain maximum advantage by the current auto market, where volumes are decreasing an

It's All About Capacity In The Truck Market

11:21am, Friday, 01'st Jul 2022
Supply frictions, including new disruptions from the war in Ukraine, have turned the European truck market upside down. Lead times are exceptionally long, and truck registrations are expected to slide
Mercedes-Benz denied a German media report that it was weighing a sale of its vans business as the automaker plans to put more strategic weight on high-end vehicles.
Major automakers and industry suppliers on Wednesday urged Congress to move quickly to pass $52 billion in subsidies for U.S. semiconductor production, according to a letter seen by Reuters.
German carmaker says move due to a potential problem with the braking system
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