The 2019 Mercedes CLA gets a major tech upgrade to make it the ‘ultimate wearable’

Mercedes-Benz has often reserved its best tech for its highest-class models — the S Class being the first vehicle to get the latest and greatest. Now Mercedes is bringing more tech, namely its new MBUX infotainment system, to other vehicles in its portfolio. Enter the new CLA Class. Mercedes-Benz unveiled Monday the new CLA at CES […]

View More The 2019 Mercedes CLA gets a major tech upgrade to make it the ‘ultimate wearable’

Daimler’s car2go car sharing service adds its first U.S. city in four years

Car2go, the free-floating car-sharing service owned by Daimler, launched in Chicago this week—the company’s 25th market globally. The car-sharing company, which lets customers rent out vehicles on a short-term basis, has been steadily expanding in the past several years, adding to and changing up its fleet beyond the diminutive Smart cars that were once the […]

View More Daimler’s car2go car sharing service adds its first U.S. city in four years

BMW and Daimler agree to merge mobility service businesses

It’s been hinted at, but Daimler and BMW are officially bringing together their mobility services business groups into one combined company, with a 50 percent stake owned by each automaker. That means tying up all their on-demand mobility offerings, including car share services Car2Go and DriveNow; ride-hailing like myTaxi, Chauffeur Privé and Clever Taxi; parking […]

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Daimler buys remaining 25% stake of car sharing startup car2Go from EuropCar for $85M

 German automaker Daimler has been steadily investing in a stream of new transportation services as it positions itself for the next generation of car ownership and travel. Today, it consolidated its position in one of those business: it paid €70 million ($85 million) to buy the remaining 25 percent of car-sharing company car2Go that it did not already own, valuing car2Go at €280 million… Read More

View More Daimler buys remaining 25% stake of car sharing startup car2Go from EuropCar for $85M

Geely becomes Daimler’s largest shareholder with $9 billion stake

 Automaker Daimler has a new largest shareholder – Geely Automotive chairman Li Shufu. The Geely stake, worth an estimated $9 billion, should give the Chinese automotive giant more leverage when trying to work out cross-company tech arrangements with Daimler and its sub brands including Mercedes-Benz. Daimler is already partnered up with a major automotive concern in China… Read More

View More Geely becomes Daimler’s largest shareholder with $9 billion stake

Geely becomes Daimler’s largest shareholder with $9 billion stake

 Automaker Daimler has a new largest shareholder – Geely Automotive chairman Li Shufu. The Geely stake, worth an estimated $9 billion, should give the Chinese automotive giant more leverage when trying to work out cross-company tech arrangements with Daimler and its sub brands including Mercedes-Benz. Daimler is already partnered up with a major automotive concern in China… Read More

View More Geely becomes Daimler’s largest shareholder with $9 billion stake