Daimler AG

VW, BMW, Daimler Face EU Probe Over Clean-Car Collusion

Volkswagen AG, Daimler AG and BMW AG face a European Union antitrust probe into suspected collusion that could have stalled the development and …

Volkswagen

VW's Truck Unit Gears Up for Global Push With Alliances, M&A

Volkswagen AG’s truck unit is pushing to reduce its dependence on its main European market and lift profit margins in a challenge to …

Asia

How HNA Will Sell Deutsche Bank and Why That Matters

Deutsche Bank AG’s largest investor is on the way out. The stake owned by heavily-indebted Chinese conglomerate HNA Group Co. may dribble back into …

Deutsche Bank

German automakers probed by EU for collusion

The European Union is investigating German automakers BMW (OTCPK:BMWYY), Daimler (OTCPK:DDAIF) and Volkswagen (OTCPK:VWAGY, OTCPK:VWAPY) to see if …

Business

Mercedes-AMG GT 4-Door Coupe gets an entry-level GT 43 variant

It's Euro only for now, but that could change<p>The new Mercedes-AMG GT 4-Door Coupe debuted with an obscene amount of horsepower available at the top-level GT 63 S. That car makes 630 horsepower and 627 pound-feet of torque from AMG's 4.0-liter twin-turbo V8. Now, Mercedes-AMG is taking us in the …

Mercedes-AMG GT

Uber Is Said in Talks to Acquire Dubai Ride Hailing Firm Careem

Uber Technologies Inc. is in discussions to buy its Dubai-based rival Careem Networks FZ as the ride-hailing giant expands in the Middle East, people …

Middle East

Audi launches electric SUV in Tesla's backyard, with assist from Amazon

SAN FRANCISCO (Reuters) - German luxury car brand Audi on Monday staged the global launch of a new electric sport utility vehicle on the home turf of rival Tesla Inc (TSLA.O), and highlighted a deal with Amazon.com Inc (AMZN.O) to make recharging its forthcoming e-tron models easier.<p>The Audi e-tron …

Electric SUV

Musk says Tesla now in 'delivery logistics hell'

(Reuters) - The focus on Tesla Inc's (TSLA.O) battle to ramp up production swung to concerns over logistics and distribution on Monday, after Chief …

Saudi Arabia

Mercedes Teams With SoundHound For In-Car, Voice-AI Infotainment

Mercedes-Benz is making its cars smarter.<p>The automaker has teamed with SoundHound to integrate its Houndify voice-enabled artificial intelligence …

Hyundai

Amazon Orders 20,000 Mercedes-Benz Vans for New Delivery Service

Amazon (NASDAQ: AMZN) is speeding up its delivery partnership program with local small businesses after purchasing 20,000 Mercedes-Benz Sprinter …

Small Business

Taxify Rides Motorbikes to Lead Over Uber in Africa

KAMPALA, Uganda—In the race to become Africa’s dominant ride-hailing app, Uber Technologies Inc. is trailing a much smaller rival.<p>Taxify OU has sprouted within just five years from a small Estonian venture into a so-called technology unicorn focused on Europe and Africa. The company, launched in …

Business

Mercedes SoundHound-powered dashboard may actually be worth talking to

Mercedes’ new in-car AI may actually be worth conversing with, as the automaker promises a far more capable voice recognition system in its upcoming …

Automotive Industry

Europe Pushing for Euro Dominance to Fend Off Trump, Spain Says

The European Union wants to bolster the global role of the euro as part of an effort to avoid being pushed around by President Donald Trump, whose …

International Criminal Court

Volkswagen’s Mass-Production of Electric Cars Is More Costly Than Anticipated, Says CEO

Herbert Diess said the company must substantially raise profitability if it wants to compete while developing all-electric models.<p>SOPA …

Profit

Mercedes revealed its newest luxury SUV and it's loaded with impressive tech

Mercedes Benz has released details on the next model of its GLE luxury SUV line that will showcase five new innovations centered around ride comfort, driver assistance, brake controls, and seat size.<p>"The GLE exhibits iconic Mercedes-Benz design while remaining true to its character as an …

Mercedes-Benz

VW CEO Warns of Higher Than Expected Electric Car Costs

Volkswagen AG warned that its ambitious plan to offer an electric version of each model will cost more than it estimated, forcing the world’s largest …

Automotive Industry

Hurricane Florence Hits Insurers Early as Businesses Shut Down

Hurricane Florence is still hundreds of miles off the U.S. East Coast, but insurers are starting to see their potential costs from one type of claim …

Financial Services

2020 Mercedes-Benz GLE Revealed

GLE 350 and 450 trim levels offered New 362-horsepower inline six Set to go on sale next spring Current GLE priced from $53,195 The wraps have come …

Bluebook

Satyakam Arya to head Daimler India Commercial Vehicles

German commercial vehicles major Daimler AG announced on Wednesday appointment of Satyakam Arya as the Managing Director and CEO of Daimler India Co

Business (India)

VW CEO warns of higher than expected EV costs

Volkswagen Group warned that its ambitious plan to offer an electric version of each model will cost more than it estimated, forcing the world’s …

Electric Vehicles

Florence Shuts Down Businesses and Sticks Insurers With Tab

Days before Hurricane Florence is expected to slam into the U.S. East Coast, insurers are starting to see potential claims costs tick upward as …

Financial Services

Five Things You Need to Know to Start Your Day

<i>Want to receive this post in your inbox every morning? Sign up here</i><p>Catastrophic weather to hit U.S. and Hong Kong, scrutiny of tech companies builds, …

Jeff Sessions

Pictures: Preparations for Hurricane Florence

Pictures: Preparations for Hurricane Florence<p>With mandatory evacuations already issued for parts of three East Coast states, millions of Americans are preparing for what could become one of the most catastrophic hurricanes to hit the Eastern Seaboard in decades.<p>Sand bags surround homes on North …

North Carolina

Florence Shuts Down Businesses and Sticks Insurers With the Tab

By Ivan Levingston and Katherine Chiglinsky | Bloomberg<p>Days before Hurricane Florence is expected to slam into the U.S. East Coast, insurers are starting to see potential claims costs tick upward as people flee and companies halt operations.<p>Evacuations, already affecting more than 1 million people …

Financial Services

The 2020 Mercedes-Benz GLE-Class Finally Gets A Third Row Seat

While the three-row capable 2020 Mercedes-Benz GLE will make its official debut at the Paris show next month, the automaker has quietly released …

Body Roll

Hurricane Florence Makes Its Presence Felt, Days Before Landfall

ELIZABETH CITY, N. C.—Hurricane Florence disrupted travel and halted business across a swath of the Southeast days before the storm’s expected landfall.<p>Airlines canceled hundreds of flights, Daimler AG and Volvo Cars suspended production Wednesday at their new plants near Charleston, S.C., and …

South Carolina

China’s Tesla Rival Prices $1 Billion IPO Near Bottom

The global excitement about electric cars faced a test in New York on Wednesday. After a bumpy start, NIO Inc. saw a bit of acceleration.<p>The Chinese …

Electric Vehicles

Florence's Hit to Insurers Starts Early as Businesses Shut Down

Hurricane Florence is still hundreds of miles off the U.S. East Coast, but insurers are starting to see their potential costs from one type of claim …

Financial Services

Daimler Shutters Van Plant Amid Hurricane Florence Evacuations

Daimler AG suspended operations at its new Mercedes-Benz van factory in South Carolina after Hurricane Florence prompted orders to evacuate areas in …

Weather

Mercedes-Benz’s new mobility concept is autonomous, electric, modular, and ugly

The future is making my eyes hurt<p>On Monday, Mercedes-Benz unveiled the Vision Urbanetic, an all-electric, autonomous concept that the German auto giant thinks will redefine mobility. It’s a sign that smartphone makers aren’t the only ones that occasionally flirt with modular designs. Big automakers …

Mercedes-Benz