Tag Archives: daimler

SEC Charges Autonomous Vehicle Supplier NVIDIA with Shoddy Disclosures

Posted on 6 May 2022 by Ken Zino

NVIDIA is a US-based artificial intelligence (AI) computing company that is a significant automotive supplier for an important building block in a network of several individual ECUs (Electronic control units)  used in automated and driverless vehicles. It goes by the name Drive Pegasus. Continue reading →

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Daimler Raises Financial Targets After Strong Q1 Results

Posted on 24 April 2021 by Ken Zino

The good operating performance in the first-quarter translated into an EBIT surge to €5,748 million (Q1 2020: €617 million). Adjusted EBIT, reflecting the underlying business, also multiplied to €4,970 million (Q1 2020: €719 million). China, the world’s largest vehicle market, was a key component in the comeback after it successfully fought off the Covid pandemic that Europe and the Americas are still struggling with. Continue reading →

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COVID-19- Daimler Stops Most Production in Europe

Posted on 17 March 2020 by Ken Zino

Given the ongoing spread of COVID-19, the economic effects on Daimler cannot be adequately determined or reliably quantified at this time. Continue reading →

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Daimler Facing Profit and Sales Declines Reorganizes

Posted on 21 February 2020 by Ken Zino

“This will have a negative impact on our earnings in 2020 and 2021. To remain successful in the future, we must therefore act now and significantly increase our financial strength.” Continue reading →

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Update – BMW, Bosch, Daimler Autonomous Driving Forays

Posted on 1 March 2019 by Ken Zino

Daimler’s has programmed its systems largely in-house right from the very beginning. During 2019 that will end with the launch in San José, Silicon Valley, of its first pilot program with German uber-supplier Bosch, on self-driving vehicles – read Daimler and Bosch Target San José for Automated Ride-Hailing, which will explore Levels 4/5 in urban environments. Continue reading →

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Daimler, Deutsche Telekom End German Government Clash

Posted on 18 May 2018 by Ken Zino

Whether this bodes ill for Daimler’s other car-to-car or car-to-infrastructure/web communications programs remains to be see. It also points to an unknown legal environment facing autonomous car makers with products already on the market – automatic driver-assist systems such as automatic braking, automatic parking, or vehicle-following speed control. Continue reading →

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Merry Christmas – Daimler Boasts of Trump Tax Gifts for Rich

Posted on 24 December 2017 by Ken Zino

Hoping to boost the stock price no doubt, Daimler on Christmas Eve is saying there will be a significant increase of Group Net Income as a result of Trump’s welfare for the wealthy plan. The law rushed through without public … Continue reading →

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Daimler Launches First All-Electric Truck – FUSO eCanter

Posted on 15 September 2017 by Ken Zino

FUSO eCanter has a limited range of 100 kilometers and a load capacity up to three and a half tons – depending on body and usage. The vehicle´s electric powertrain contains six high-voltage lithium ion battery packs with 420 V and 13.8 kWh each. Continue reading →

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