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A boom in electric cars, trade disputes, and Brexit have hurt sales and caused costs to rise.
Mercedes-parent Daimler warns the costly transition to electric cars is forming a triple-threat to future profits
Margin headwinds in 'difficult times' for auto industry require job cuts and capped development spending, CEO Kallenius said at a strategy presentation.
I visited a Tesla store and a Mercedes-Benz dealership — these were the most striking differences between them
The Tesla store and Mercedes-Benz dealership in New York City revealed a generational divide in their sales models.
Volocopter is backed by Daimler and Geely. It made its official urban flight debut at the Mercedes-Benz Museum in Stuttgart, Germany, on September 14.
Mercedes-Benz didn't give much detail about the new scooter, but said it would go on sale in 'early 2020.'
BMW, Daimler, and other auto stocks are crashing after China announced a 25% tariff on cars made in the US
Shares in BMW slumped by more than 2%, while Daimler stock dropped 1.5%.
European car sales took a dive in June — and the industry looks set to drop for a second straight year
Daimler has issued a profit warning and BMW has issued a quarterly automotive division loss due to the fall in sales.
Daimler and BMW’s car-sharing service was reportedly hacked in Chicago and up to 100 luxury cars are missing or stolen
The car-sharing service Share Now has been hacked in Chicago, CBS Chicago reporter Brad Edwards said on Twitter.
Daimler CEO Dieter Zetsche expects the Mercedes-Benz EQC electric SUV to be sold out in 2019 and likely in 2020, Electrek reports.
The move highlights that protectionism is spreading and Donald Trump's trade war with China is entrenching itself into the global economy.