Daimler is undergoing a transformation that includes renaming itself after its Mercedes-Benz luxury brand and making a bigger push into electric vehicles.
If the European Union wants to push a faster shift to zero-emissions cars then Daimler AG is ready, but there needs to be an open debate on the impact electrification will have on auto jobs, the carmaker's top executive said on Tuesday. "It's an ambition that we say yes to," Chief Executive Ola Källenius said during an interview at a Financial Times conference on the future of the car. The EU last month raised its target for cuts in net greenhouse gas emissions to 55% by 2030 from 1990 levels instead of 40% and Europe's automakers will find out in July what their contribution on CO2 emissions is expected to be.
Zacks.com featured highlights include: Citi Trends, Daimler AG, Internet Initiative Japan and Century Communities