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Stock Market & Financial Investment News

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August 4, 2014
06:34 EDTDDAIFDaimler slices costs in China of Mercedes-Benz spare parts, Bloomberg says
Daimler is aiming to reduce the prices of Mercedez-Benz extra parts in China by an average of 15% in September amid a government probe into whether car manufacturers distort costs, according to Bloomberg, citing a statement from the vehicle company based in Stuttgart, Germany. Reference Link
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September 24, 2014
11:00 EDTDDAIFMercedes, Renault recall over 0.5M cars due to brake defects, Reuters says
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September 18, 2014
14:00 EDTDDAIFMercedes-Benz receives autonomous vehicle license from California
On 16 September 2014 the US federal state of California introduced a legal requirement for an official license for testing vehicles in autonomous driving mode on public roads. On "Senate Bill No. 1298" taking effect, Daimler's Mercedes-Benz received a corresponding license permitting it to test vehicles in autonomous driving mode in daily traffic on California's roads. Reference Link
13:37 EDTDDAIFDaimler anticipates sales to exceed 2.4M cars this year, WSJ says
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