Sep 30, 2020 10:45 AM IST
Uber expressed interest after Free Now invited additional investors to tide over impact from the COVID-19 pandemic, but it is also likely that other bidders may come forward
- Jun 07, 2018 09:43 AM IST
Truck buyers anticipate global regulation to curb pollution from trucks and see advantages from lower fuel and maintenance costs of electric vehicles, but a fleet technology switch is far from certain given challenges of cost, charging infrastructure, range, and the potential for heavy batteries to constrict payloads.
- Jan 16, 2018 09:09 PM IST
Some 4,000 employees at other companies in the southwestern state of Baden-Wuerttemberg took part in strikes on Tuesday.
- Nov 17, 2017 11:21 AM IST
Hubertus Troska, head of Daimler's greater China operations, told reporters that the investment was part of Daimler's previously announced 10 billion euros ($11.8 billion) global green car initiative.
- Oct 16, 2017 05:10 PM IST
The company said in a separate statement on Monday that it was not pursuing any savings, efficiencies or job cuts related to the reorganisation.
- Oct 13, 2017 02:46 PM IST
The General Administration of Quality Supervision, Inspection and Quarantine (AQSIQ) said on its website that it was concerned about risks arising from possible defects in the cars' air bag inflators.
- Apr 13, 2017 07:35 AM IST
The German automaker has not received approval from the U.S. Environmental Protection Agency to sell 2017 model diesel vehicles.
- Apr 11, 2017 08:15 AM IST
The investment in the plant, Toyota's largest, comes amid uncertainty over US President Donald Trump's trade policies that could affect certain Japanese firms' capital expenditure plans.
- Nov 03, 2015 05:08 PM IST
The Munich-based company, which makes the X5 SUV and 7 Series sedan, said profits rose to 1.58 billion euros (.74 billion) from 1.31 billion euros in the year-earlier period, when the company had to deduct charges for the changed valuation of financial derivatives.
- Oct 16, 2015 10:08 AM IST
Apollo's global push is aimed at reducing dependence on the domestic market, where passenger and commercial vehicle sales are recovering slowly after a slump and where it plans to invest USD 400 million over the next three to four years.
- Sep 29, 2015 08:09 AM IST
GM has moved more aggressively than most of its rivals to put high-speed, 4G LTE data connections in its cars.
- Sep 11, 2015 11:27 AM IST
The California Department of Motor Vehicles on its website listed Honda as the most recent of 10 companies that had received the self-driving permits as of Friday.
- Apr 01, 2015 05:14 PM IST
Shankar, Group ED and CEO (Europe, Middle East, Africa and Americas) has resigned to pursue other interests, after a 13-year career at Standard Chartered, the bank said in a stock exchange filing. Shankar would step down from the Board with effect from April 30, 2015.
- May 09, 2012 12:00 PM IST
At the opening ceremony for Daimler AG's USD 850 million India factory, Chairman Dieter Zetsche stepped down from the cab of a gleaming yellow 25-tonne truck with scaled-down horsepower, a stripped-back gearbox and no sign of the iconic Mercedes-Benz three-pointed star on its grille.
- Apr 18, 2012 04:26 PM IST
Daimler AG will start exporting commercial vehicles from India in 2013, said Marc Lilstosella, chief executive officer of Daimler India Commercial Vehicles.
- Nov 22, 2011 08:36 PM IST
Mercedes-Benz India, the premium luxury car manufacturer today opened its biggest showroom in the city. Mercedes-Benz India and Auto Hangar Group have launched a new and bigger showroom at Prabhadevi in Mumbai.
- Jul 19, 2011 12:32 PM IST
Germany-headquartered Daimler AG today forayed into the financial services space in India with the establishment of a new Daimler Financial Services subsidiary in the country.
- Apr 25, 2011 08:20 PM IST
German auto major Daimler AG has got RBI nod to launch a non-banking finance company to fund its auto business--Mercedes-Benz cars and Daimler trucks--in the country and will invest USD 50 million initially.
- Feb 19, 2011 02:43 PM IST
German auto biggie Daimler AG has unveiled its new truck brand for India, as it attempts to make large inroads in the Indian market expected to double by 2020, reports The Wall Street Journal.