Daimler

Daimler has agreed to pay Nokia for using its patents, ending a row that highlighted a battle between tech and car companies over royalties for key technologies, reported Reuters. Nokia, which makes €1.4 billion (US$1.7 billion) in licensing revenues every year, and carmaker Daimler had sued each other in German courts in recent years, with mixed […]

The European Commission has approved, under the EU Merger Regulation, the creation of a new joint venture called Daimler Truck Fuel Cell, based in Germany, by Aktiebolaget Volvo (‘Volvo’) of Sweden and Daimler Truck AG, part of the Daimler group (‘Daimler’) of Germany.  The joint venture will be active in the development, production, sales and […]

Nokia Oyj won a court ruling in a patent dispute with Daimler, giving the Finnish company leverage in a long-running fight over mobile technology in automobiles. Daimler, owner of the Mercedes-Benz brand, violated Nokia’s mobile-technology patents, judges in Mannheim, Germany, said Tuesday. The ruling goes to the heart of how technology must be licensed for […]

Nokia, German carmaker Daimler and several car parts suppliers have agreed to independent mediation to resolve their technology licensing dispute, the Finnish telecoms equipment maker said on Thursday. The move, if it leads to a successful outcome, could stave off a possible EU antitrust investigation following complaints by Daimler, Bury Technologies, Continental, Valeo and Thales-owned […]

Germany’s cartel authority announced on Thursday, November 21, it was fining the country’s three major carmakers, BMW, Volkswagen, and Daimler, a total of €100 million (US$110.84 million) for unlawful actions in relation to steel purchases. The carmakers unlawfully coordinated on the prices they paid for steel from suppliers, the cartel office said in a statement, […]

Daimler Mobility Services and Chinese automotive manufacturer, Geely Group Company, Geely Holding Group’s new business entity, announced Wednesday, October 24, the creation of a high-end ride-hailing joint venture in China. In a press release, the companies stated the 50-50 joint venture will be headquartered in Hangzhou, providing ride-hailing services in several Chinese cities using premium […]

German carmakers Daimler and BMW have offered concessions to address EU antitrust concerns about their plan to combine their car-sharing businesses, the European Commission announced on October 16. The companies made the offer on October 15, a filing on the EU competition enforcer’s website showed, without providing details. The Commission is expected to seek feedback from […]

The European Commission has opened a formal investigation to determine whether BMW, Daimler and VW colluded to avoid competing with each other on clean emission technologies. The EU is assessing whether the companies met to limit the development of catalytic systems that reduce nitrogen oxide diesel emissions and particulate matter (“Otto” systems) from gas-powered cars. […]

On Tuesday, Sueddeutsche Zeitung reported that BMW has suspended talks on future cooperation projects with Daimler. According to industry sources, BMW has lost trust in Daimler after the company alerted authorities to a possible cartel among car makers. The projects put on hold include efforts to develop charging stations for electric cars. There had also […]