Daimler, the owner of Mercedes-Benz, is cutting at least 10,000 jobs around the world, making it the latest carmaker to shed workers as the industry races toward its electric future.
Once upon a time, flying cars were a staple of science fiction.
Online shopping makes life easier for consumers but it can harm the environment, especially if you opt for express delivery. German automaker Daimler has found one way to tackle the climate crisis.
Daimler and China's BAIC are the latest carmakers to take their relationship to the next level.
The owner of Mercedes-Benz has warned of a major slump in profits this year after recalls, legal issues and weak demand for new cars contributed to a rough second quarter.
Daimler, the German auto company that makes Mercedes-Benz, has slashed its 2019 profit expectations by hundreds of millions of euros. The financial downgrade, announced Sunday, is the latest fallout from the diesel emissions scandal that has rocked the German auto industry.
The maker of Mercedes-Benz cars is spending billions on batteries as it accelerates the electrification of its product range.