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Manufacturers Hopeful That Chip Supply Will Improve in Q4

Though forecasts predict the global semiconductor shortage may not right itself until 2023, vehicle manufacturers express hope for improvement in Quarter 4.

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Over 40,000 Daimler Vans Will Need New Airbags

Daimler AG made 40,061 vans from 2005 to 2008 with airbags that must be replaced, the National Highway Traffic Safety Administration said, reported by Bloomberg Business. The affected vehicles, the 2007-2008 Freightliner Sprinter 2500 and 3500 and the 2007-2008 Dodge Sprinter 2500 and 3500, were manufactured from July 1, 2005, to July 31, 2008, and ... Read More »

Ex-Daimler Engineer Files $2M Discrimination Suit

PORTLAND, Ore. — A Clark County, Washington, man who worked for Daimler Trucks North America in Portland, Oregon, is suing the company for $2 million, claiming his supervisor repeatedly called him “bin Laden” and suggested he was a member of al-Qaida, reported The Detroit News. The Oregonian newspaper reports that the lawsuit by Hussein Fouad, ... Read More »

Google Can Disrupt Car Industry But is No Automaker, Daimler Says

Technology companies such as Google are unlikely to become mass car manufacturers, even if they have the potential to disrupt an industry increasingly focused on software and automated driving, the head of German carmaker Daimler said on Friday, reported Reuters. In recent years, automakers and Silicon Valley companies have grown increasingly inter-dependent because next-generation cars ... Read More »

Daimler, VW Dampen Speculation About Imminent CEO Succession

Succession is not an imminent topic at Daimler or Volkswagen, the chief executives of both carmakers said on Thursday, adding that any potential candidates would most likely come from within their respective companies, reported Reuters. Daimler chief Dieter Zetsche and Martin Winterkorn, who heads up Volkswagen, were both asked during a panel discussion in Munich ... Read More »

Daimler Raises Forecast After Profit Beats Estimates

Daimler Set to Pay 'Healthy' Dividend, CFO Says

3 Carmakers Said to Be Close to a Technology Alliance

Daimler Reports 16% Increase in Nov. Mercedes-Benz Sales

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