FRANKFURT, Germany (AP) — Shareholders in Daimler AG, maker of Mercedes-Benz luxury cars, on Friday approved the spinoff of the truck division as a separate company. The move is intended to give the ...

Shareholders of Daimler AG in a widely anticipated vote agreed to realign the company by spinning off its truck and bus unit by the end of the year to form Daimler Truck Holding AG, which will be ...

Daimler AG recently provided an update on the ownership stake of two Chinese investors, an announcement a company spokesman said was made to enhance transparency in the wake of the spinoff of its ...

RBC Capital Markets analyst Tom Narayan thinks it might be time for Mercedes-Benz Group AG  (MBGAF) to sell more of its stake ...

Shares in the struggling car maker jumped over 30% after the leadership change that was leaked over the weekend was confirmed by the board. Tesla's (TSLA) first European factory in Berlin to include ...

Germany’s top civil court has delivered a blow to the business model of a litigation firm spearheading a €500 million ($587 million) cartel claim against European truck makers including Volkswagen ...

Courtesy of Daimler Trucks North America FRANKFURT, Germany (AP) — Shareholders in Daimler AG, maker of Mercedes-Benz luxury cars, on Friday approved the spinoff of the company’s truck division, ...