Daimler says it plans to cut thousands of jobs worldwide by the end of 2022. The German automaker says it plans not to fill some vacant posts and to offer severance packages in Germany to reduce administrative jobs.
Daimler confirmed Sunday it was facing a regulatory probe after a report said German authorities have uncovered a previously unknown type of pollution trickery software allegedly installed by the car giant in some of its vehicles.
German automaker Daimler says it is moving toward implementing a new structure in which its Mercedes-Benz car division and truck and bus business would become legally independent entities under Daimler's overall roof.
German automaker Daimler's profits barely rose and were short of market expectations in the second quarter, as its Mercedes-Benz luxury car division boomed while earnings lagged at its truck, van and bus businesses.
German automaker Daimler says it is voluntarily recalling 3 million Mercedes-Benz brand cars with diesel engines in Europe to improve their emissions performance in the wake of widespread public debate over the future of diesel.