(NYSE: AXTA) announced it received the Daimler Trucks North America LLC (DTNA) 2019 Masters of Quality supplier award. The award marks Axalta’s 21st win and 10th consecutive. The award honors top suppliers of components and services to Freightliner and Western Star brand trucks. “We are honored to receive this elite award from Daimler Trucks North […]
BMW Group and Daimler AG Sign Contract on Long-Term Autonomous Vehicle Partnership
Representatives from BMW Group and Daimler AG on July 4 signed an agreement for a long-term strategic cooperation focusing on joint development of next-generation technologies for driver assistance systems, automated driving on highways and automated parking (all to SAE Level 4). The technology under development is expected to feature in passenger car systems for private […]
BMW and Daimler Announce Development Partnership on Automated Driving Technology
The BMW Group and Daimler AG are to join forces on automated driving. Initially, the focus will be on advancing the development of next-generation technologies for driver assistance systems, automated driving on highways and parking features (up to SAE Level 4). The two companies have signed a Memorandum of Understanding to jointly develop this technology, […]
BMW Group and Daimler AG Invest Over $1 Billion in Joint Mobility Company
The BMW Group and Daimler AG are pooling their mobility services to create a new global player providing sustainable urban mobility for customers. The two companies are investing more than €1 billion ($1.13 billion) in total to develop and more closely intermesh their offerings for car-sharing, ride-hailing, parking, charging and multimodal transport. The cooperation comprises […]
Daimler and BMW Joint Mobility Company to be Established Next Year
Joint effort has been approved by EU Antitrust Authorities. Awaiting US approval. Daimler AG’s planned joint mobility company with the BMW Group is now expected to be established at the beginning of next year. Following the approval of the effort by the EU Commission, the two partners are continuing talks with the US antitrust authorities. […]