Daimler AG
China, global recovery boost profit at automaker Daimler

By David Mchugh Apr. 23, 2021 03:10 AM EDT
FRANKFURT, Germany (AP) — German car and truck maker Daimler AG says net profit rebounded strongly to 4.4 billion euros ($5.3 billion) in the first three...

FILE - In this Thursday, April 30, 2020 file photo, an employee attaches a Mercedes emblem as he works on a Mercedes-Benz S-class car at the Mercedes plant in Sindelfingen, Germany. German automaker Daimler said it will split itself into two independent companies by spinning off its truck and bus division. The Stuttgart-headquartered company said Wednesday, Feb. 3, 2021 that a significant majority stake in the truck business would be distributed to current shareholders, and that Daimler would “at the appropriate time” be renamed Mercedes-Benz, the brand name under which it sells luxury cars. (AP Photo/Matthias Schrader, file)
Cost controls, luxury sales help Daimler weather pandemic

By David Mchugh Feb. 18, 2021 03:31 AM EST

FILE - In this file photo dated Monday, Oct. 26, 2020, a man wearing a face mask walks over a bridge with the buildings of the banking district in background in Frankfurt, Germany. New figures released Friday Oct. 30, 2020, show that the European economy grew by an unexpectedly large 12.7% in the third quarter as companies reopened after severe coronavirus lockdowns. (AP Photo/Michael Probst, FILE)
Eurozone growth soars record 12.7% but fears grow for winter

By David Mchugh Oct. 30, 2020 06:04 AM EDT

FILE - In this Thursday, April 30, 2020 file photo, an employee attaches a Mercedes emblem as he works on a Mercedes-Benz S-class car at the Mercedes plant in Sindelfingen, Germany. Daimler, maker of Mercedes-Benz vehicles, is reporting third-quarter earnings on Friday Oct. 22, 2020. (AP Photo/Matthias Schrader, file)
Automaker Daimler rebounds after lockdowns, raises outlook

Oct. 23, 2020 04:09 AM EDT

Here is the latest news from The Associated Press at 2:40 p.m. EDT

Sep. 14, 2020 02:51 PM EDT
WILMINGTON, Del. (AP) — President Donald Trump and challenger Joe Biden focused their presidential battle on the wildfire-scorched West Coast Monday. Trump was...

The Mercedes star is pictured at the Mercedes Benz headquarters in Stuttgart, Germany, Wednesday, July 8, 2020. Due to the Corona pandemic, the annual general meeting of the car manufacturer Daimler takes place only online. (Marijan Murat/dpa via AP)
Daimler lost $2.2 billion in Q2, sees signs of recovery

Jul. 23, 2020 01:48 AM EDT

FILE- In this Tuesday, Feb. 25, 2020 file photo, workers complete an electric car ID.3 body at the assembly line during a press tour at the plant of the German manufacturer Volkswagen AG (VW) in Zwickau, Germany. The coronavirus has cancelled business plans all over the world but Europe's push into electric cars isn't one of them. Sales of battery-powered and hybrid cars have held up despite a deeply painful recession, mainly thanks to the action of governments. (AP Photo/Jens Meyer, file)
Europe's shift to electric cars picks up despite recession

By David Mchugh Jul. 15, 2020 06:47 AM EDT