Mercedes maker Daimler targets €1 billion in savings with job cuts
15 November 2019 |
6:00 am
The German automaker has warned that tougher emissions rules in the EU will hurt its profits over the next two years. Daimler is struggling with falling profits as it looks to make a costly switch to electric vehicles.
Related
23 Feb 2017
The Mercedes F1 team's new 2017 car, the FW08, was glimpsed on the track for the first time on Thursday, February 23 before its formal unveiling.
8 Mar 2017
Mercedes-Benz unveiled the Mercedes-Maybach G-Class 650 at the Geneva auto show this week. At $500,000, it's the world’s most expensive sports utility vehicle.
19 Jun 2017
Lucas Pouille beats Feliciano Lopez to win the Mercedes Cup.
22 Aug 2017
Nico Rosberg in Stuttgart to see title-winning F1 Silver Arrow car added to Mercedes-Benz museum.
23 Oct 2017
Mercedes clinch fourth successive F1 constructors' title.
30 Nov 2017
Dietmar Exler, Mercedes-Benz USA president and chief executive officer, discusses the new Mercedes CLS with Bloomberg's Scarlet Fu and Julie Hyman from the Los Angeles Auto Show.
17 May 2019
A building collapse in Shanghai claimed several lives after around 20 people were trapped under the rubble. Over 150 rescue workers raced to pull the survivors to safety from the former Mercedes dealership.
15 Nov 2019
The German automaker has warned that tougher emissions rules in the EU will hurt its profits over the next two years. Daimler is struggling with falling profits as it looks to make a costly switch to electric vehicles.
19 Dec 2019
Peugeot and Fiat Chrysler have said the plan will result in €3.7 billion in savings, allowing them to work on creating more sustainable vehicles. The new company will be a 50-50 merger of the two.
13 Jun 2020
Here's the weekly recap of the biggest entertainment news. Join the GuardianTV team as they bring you a fresh array of gist every week!
15 Nov 2020
The head of Berlin's Mercedes-Benz production facility has decided he'll be better off working for Tesla, which is building a Gigafactory just outside the city. Workers are not amused and are staging protests.
Latest
1 hour ago
Find these stories and much more when you grab a copy of The Guardian on Tuesday.
5 hours ago
In the first papal visit to South Sudan, Pope Francis is highlighting the plight of women in the young nation who face the world's highest material mortality rate and are subject to widespread sexual violence.
5 hours ago
The US announced that it will allow the first transfer of a Russian oligarch's confiscated funds to Ukraine. In the meantime, Germany says it has evidence of over 100 war crimes in Ukraine.
6 hours ago
A weekly news show produced with photos, videos and personal accounts from The FRANCE 24 Observers around the world - all checked by our staff here in Paris.
6 hours ago
Strong earthquakes struck Turkey and Syria on Monday. The region is frequently hit by tremors. Here's why.
