Tue, 21-Oct-2025

Daimler Truck rolls into stock market after Mercedes split

Daimler Truck

FRANKFURT: Daimler Truck launched on the Frankfurt Stock Exchange on Friday after the heavy-goods operation was spun off from its holding group, soon to be renamed as Mercedes-Benz. The new group is targeting an entry into the DAX, when the 40-member blue-chip index is next updated in the first quarter of 2022. Daimler Truck was trading … Read more

BMW and Volkswagen fined $1 billion by the EU for limiting emissions-reduction technology

BMW and Volkswagen have been fined $1 billion by the EU for limiting emissions-reduction technology

The diesel emissions crisis has hit European manufacturers, although it has nothing to do with Dieselgate. According to Reuters, the European Commission fined BMW and Volkswagen a total of €875 million (just over $1 billion) for allegedly collaborating in a way that limited technology for lowering nitrogen oxide emissions from diesel engines. In discussions between … Read more