News & ReviewsLast 7 days
CarAdvice

Daimler

  1. Home
  2. Category
  3. Daimler
Mercedes-Benz preparing to axe 10,000 jobs
News
8th Dec 2019
1 min read

Mercedes-Benz preparing to axe 10,000 jobs

Daimler, owner of Mercedes-Benz, has confirmed it will cut at least 10,000 jobs between now and the end of 2022. The jobs cuts will be achieved via voluntary severance packages, an expended part-time retirement program, and 'very restrictively' extended temporary workers' contracts. It will also offer shorter working weeks in order to rein in employment costs. Under its current union agreement in Germany, the automaker is prevented from making forced redundancies until 2029.
Profile picture of Derek Fung
Derek Fung
2020 Smart EQ Fortwo, Forfour revealed
News
6th Sep 2019
2 min read

2020 Smart EQ Fortwo, Forfour revealed

Daimler has revealed the Smart EQ family, including the Fortwo, Fortwo Cabrio and Forfour, ahead of their public debut at the Frankfurt motor show next week. The German group's city car division is embracing its all-electric future, with the entire range relying solely on battery power.
Profile picture of James Wong
James Wong
Smart Final Collector's Edition revealed
News
15th May 2019
2 min read

Smart Final Collector's Edition revealed

Smart has revealed the Final Collector's Edition based on its ForTwo city car, marking the last run of combustion-powered vehicles for the micro car specialist before it switches to full e-mobility. Just 21 examples of these special editions will be produced, developed in collaboration with industrial designer, Konstantin Grcic. The Final Collector's Edition commemorates 21 years of the Smart brand, the 21-vehicle final production run, and "21 years always a step ahead".
Profile picture of James Wong
James Wong
Mercedes-Benz opens factory in Russia
News
4th Apr 2019
1 min read

Mercedes-Benz opens factory in Russia

Profile picture of James Wong
James Wong
News
4th Apr 2019
1 min read

Mercedes-Benz opens factory in Russia

Mercedes-Benz 2019
Profile picture of James Wong
James Wong
Smart: 50 per cent stake could be sold to Geely - report
News
27th Mar 2019
2 min read

Smart: 50 per cent stake could be sold to Geely - report

Three sources have told The Financial Times Daimler, owner of Mercedes-Benz, is close to selling a 50 per cent stake in the Smart brand to Chinese automaker Geely. A deal could be announced as soon as the Shanghai motor show, which takes place in the middle of April. If the sale goes ahead, it would fit both Smart's future vision for itself and Geely's acquisitive streak.
Profile picture of Derek Fung
Derek Fung
BMW, Mercedes-Benz discussing joint front-wheel drive platform
News
22nd Jan 2019
2 min read

BMW, Mercedes-Benz discussing joint front-wheel drive platform

Thanks to rising development costs, greater market fragmentation, and the need to invest in both electric vehicles and self-driving car technology, automakers are increasingly coming together to share development costs and increase economies of scale. With that in mind, Harald Krüger, CEO of BMW, and Ola Källenius, CEO-in-waiting at Daimler, are said to be in wide-open collaboration talks between the sometimes bitter rivals.
Profile picture of Derek Fung
Derek Fung