Tag: Daimler AG

European Car Sales Fall the Most in Decades, Signaling Slump

FRANKFURT — European car sales went over a cliff in March, falling to their lowest level in at least 30 years, according to data published Friday that provided one of the first concrete indications of the economic damage caused by coronavirus lockdowns. Most of the previous available economic data dated from before the lockdowns began […]

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Some Countries Are Better Armored for Epidemics Than Others

No European country is escaping the economic consequences of the coronavirus, but the pain won’t be divided equally. Southern Europe, which bore the brunt of the last big economic crisis, will suffer the most. Countries like Greece and Italy depend heavily on tourism and are still suffering the lingering effects of the eurozone debt meltdown […]

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Daimler CEO: ‘Streamlining the Portfolio’ Necessary for Mercedes-Benz

<img data-attachment-id="1682486" data-permalink="https://www.thetruthaboutcars.com/2019/07/chinas-baic-purchases-five-percent-of-daimler/shutterstock_1168550797/" data-orig-file="https://www.thetruthaboutcars.com/wp-content/uploads/2019/07/shutterstock_1168550797.jpg" data-orig-size="1000,667" data-comments-opened="1" data-image-meta="{"aperture":"0","credit":"","camera":"","caption":"","created_timestamp":"0","copyright":"","focal_length":"0","iso":"0","shutter_speed":"0","title":"","orientation":"1"}" data-image-title="mercedes-benz logo mercedes-benz grille" data-image-description=" Franz12/Shutterstock ” data-medium-file=”https://www.thetruthaboutcars.com/wp-content/uploads/2019/07/shutterstock_1168550797-450×300.jpg” data-large-file=”https://www.thetruthaboutcars.com/wp-content/uploads/2019/07/shutterstock_1168550797-610×407.jpg” class=”aligncenter size-large wp-image-1682486″ src=”https://www.thetruthaboutcars.com/wp-content/uploads/2019/07/shutterstock_1168550797-610×407.jpg” alt width=”610″ height=”407″ srcset=”https://www.thetruthaboutcars.com/wp-content/uploads/2019/07/shutterstock_1168550797-610×407.jpg 610w, https://www.thetruthaboutcars.com/wp-content/uploads/2019/07/shutterstock_1168550797-75×50.jpg 75w, https://www.thetruthaboutcars.com/wp-content/uploads/2019/07/shutterstock_1168550797-450×300.jpg 450w, https://www.thetruthaboutcars.com/wp-content/uploads/2019/07/shutterstock_1168550797-768×512.jpg 768w, https://www.thetruthaboutcars.com/wp-content/uploads/2019/07/shutterstock_1168550797-120×80.jpg 120w, https://www.thetruthaboutcars.com/wp-content/uploads/2019/07/shutterstock_1168550797.jpg 1000w” sizes=”(max-width: 610px) 100vw, 610px”> Still in the midst of a $1.4-billion restructuring plan that aims to cut 10 percent of its […]

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Coronavirus Shock Could Push Europe Into a Downturn

FRANKFURT — So far, only scattered cases of the coronavirus have appeared in Europe, but the economic effects are proving harder to quarantine. The shock may be severe enough to push the vulnerable German economy, and perhaps the entire eurozone, into a recession. That is the conclusion of a growing number of economists as it […]

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Daimler: Here Come the Savings, There Go the Jobs

<img data-attachment-id="1580596" data-permalink="https://www.thetruthaboutcars.com/2017/07/production-2018-mercedes-benz-x-class-pickup-truck-revealed-priced-e37294/mercedes-benz-x-klasse-power-exterieur/" data-orig-file="https://www.thetruthaboutcars.com/wp-content/uploads/2017/07/2018-Mercedes-Benz-X-Class-off-road.jpg" data-orig-size="1400,933" data-comments-opened="1" data-image-meta="{"aperture":"8","credit":"Daimler AG","camera":"NIKON D3X","caption":"Mercedes-Benz X-Klasse \u2013 Exterieur, Beringwei\u00df metallic, Ausstattungslinie POWER \n\nMercedes-Benz X-Class \u2013 Exterior, bering white metallic, design and equipment line POWER","created_timestamp":"0","copyright":"Daimler AG","focal_length":"135","iso":"100","shutter_speed":"0.002","title":"Mercedes-Benz X-Klasse \u2013 Power Exterieur","orientation":"1"}" data-image-title="2018 Mercedes-Benz X-Class Power" data-image-description=" Image: Mercedes-Benz ” data-medium-file=”https://www.thetruthaboutcars.com/wp-content/uploads/2017/07/2018-Mercedes-Benz-X-Class-off-road-450×300.jpg” data-large-file=”https://www.thetruthaboutcars.com/wp-content/uploads/2017/07/2018-Mercedes-Benz-X-Class-off-road-610×407.jpg” class=”aligncenter size-large wp-image-1580596″ src=”https://www.thetruthaboutcars.com/wp-content/uploads/2017/07/2018-Mercedes-Benz-X-Class-off-road-610×407.jpg” alt=”2018 Mercedes-Benz X-Class Power – Image: Mercedes-Benz” width=”610″ […]

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