Items tagged with Daimler

Sometimes the weather calls for cruising down the road with the top rolled down, Thelma and Louise style (minus the ending). Mercedes-AMG has again added that option to its growing line of GT sports cars, the latest of which is the topless GT S Roadster. It's the third GT Roadster model in the company's stable, to go along with four two-dour coupes, three four-door coupes, and a pair of customer race cars. That's right, there are now a dozen AMG GT sports cars, and like the two other GT Roadster models, the GT S Roadster boasts a 4.0-liter twin-turbo V8 engine. This gives it 469 horsepower in the... Read more...
Nokia may be down, but it’s not out. The company stands to rake in $2.8 billion from a deal today in which the former cell phone behemoth is selling off its HERE mapping and location services business. Nokia first started looking for buyers in April while considering a deal with Alcatel-Lucent. Today, the move should help Nokia trim fat and build up cash in advance of the planned merger. A consortium of auto companies, including Audi, BMW and Daimler bought Nokia’s HERE mapping business. The consortium is paying $2.8 billion, but Nokia says it expects to receive in the neighborhood of $2.5 billion... Read more...
When the term "autonomous" is brought up, it's easy to imagine what's one of the hottest prospects right now: self-driving cars. The keyword there is "cars". In reality, autonomous operation can apply to a variety of other vehicles, including those meant for commercial use. Take the trusted transport truck, for example. For those not paying attention, this has totally come out of nowhere: yesterday, Nevada awarded an autonomous license plate to its first commercial truck: Freightliner's Inspiration. Daimler chose Nevada as the launch platform as it's one of just four states, plus the District of... Read more...
Daimler AG will be getting a nice return on its investment in Tesla due to the company selling its four percent stake in Tesla Motors. The British automotive manufacturer will be selling its stake for a cash inflow of around $780 million as a result of it reorganizing its cooperation with Tesla. Despite the sale, the cooperation between both companies will continue. “We are extremely satisfied with the development of our investment in Tesla, but it is not necessary for our partnership and cooperation,” says Daimler member of the board of management Bodo Uebber. “For this reason,... Read more...