NEW VR CENTER GAINING POPULARITY IN CHENNAI

HIGHLIGHTS

• The new VR center (VRC) is gaining popularity in Chennai.
• DICV opened this center few weeks ago.
• The increasing popularity of VRC is spells bright future for VR in India.

Amid lots of buzz, Daimler India Commerc...

DAIMLER AG AGREES TO PAY $1.5 BILLION TO RESOLVE A US GOVERNMENT PROBE

Highlights

• According to the court papers, this settlement with the US Justice Department and California Air Resources Board is inclusive of a civil penalty worth $875 million levied under the Clean Air Act

• The California settlement fair is reasonable and in the p...

DAIMLER PREPARES FOR ELECTRIC FUTURE IN EUROPE

Highlights:

• The company Daimler has been preparing for an electric future, but it also said that, there is going to be no expiration form diesel and gas sales
• The German automobile company is on its path for priming itself for an all-electric future

DAIMLER TO SPIT ITSELF INTO TWO INDEPENDENT COMPANIES

Highlights:

• The Daimler is going to be splitting into two independent companies by spinning off its bus and truck division
• The company said that, it will be giving freedom to both the companies for operating nimbly in a fast-changing environment
...

DAIMLER TO PRODUCE FULLY ELECTRIC COMPACT SUV CAR IN HUNGARY

Highlights:

• The company Daimler is going to start the production of the EQB electric model in Hungary in the fourth quarter of the year 2021
• The SUV is going to be the first fully electric car that will be produced in the region of Hungary

DISPUTE BETWEEN DAIMLER AND NOKIA REFERRED TO EUROPEAN COURT OF JUSTICE

Highlights:

• The dispute between Daimler and Nokia has been now referred to the European Court of Justice
• The regional court of Dusseldorf said that, it will be suspending the proceedings of Nokia’s fight against Daimler over the royalties of tec...

Mercedes-Benz Revises 744,000 Automobiles for Panoramic Sunroofs That Can Come Off

Mercedes-Benz is a German worldwide car marque and a division of Daimler AG. Mercedes-Benz is known for its extravagance vehicles, vans, trucks, transports, mentors, and ambulances. A car sunroof is a mobile board that is operable to reveal a window in a car rooftop, which permits light and addit...

The BAIC of China raising Daimler's stake to unseat Geely as its biggest investor says

BEIJING / FRANKFURT – Daimler's largest China joint venture company, BAIC Group, has unveiled a campaign to double its share to about 10 percent and gain a board seat in the German carmaker as it seeks to develop Geely, two sources told Reuters.

BAIC is the third-largest share...

Daimler AG intends to be cutting 10 thousand as it shifts towards Electric Cars

The parent firm of Mercedes-Benz, Automaker Daimler AG made an announcement that it will be cutting 10 thousand jobs as the firm rapidly shifts from traditional combustion engines to electric cars.

This enormous job cut plan will be part of a corporate initiative for complying with the ...

Race for the luxurious flying car

A flying car is a surprise innovation and an unprecedented advancement in the automobile industry and electrification technology.

The invention will unveil the uniformity between automobiles and aircraft. This is the crucial period for the automobile industry to introduce automation and...