Highlights 2019

Highlights 2019

Highlights 2019

Mercedes-Benz’s presence at the Frankfurt Motor Show from September 10 to 22, 2019 focused on sustainable solutions for the future of mobility, which are reflected in the products as well as in the business strategy. At the same time, Mercedes-Benz continued to position itself as a manufacturer of luxury automobiles. The Mercedes-Benz VISION EQS show car had its world premiere as an example of our pursuit of sustainable luxury. The company also presented nineteen other vehicles to the global public for the first time. An additional highlight of our presence at the Frankfurt Motor Show was the completely revised exhibition stand, which featured digital communication more prominently.

Q1

Mercedes-Benz Cars to build a battery factory in Poland

On January 22, we announce that as part of its electric offensive, Mercedes-Benz Cars will build a battery factory in Jawor, Poland, thus expanding the global battery production network to nine factories. The battery factory in Jawor is the second major investment at this new Mercedes-Benz site. A state-of-the-art engine factory is already being built there to supply the Mercedes-Benz Cars plants worldwide.

Mercedes-Benz eCitaro electrifies European transport companies

The first battery-powered Mercedes-Benz eCitaro series-production buses are in regular use in public transport in Berlin and Heidelberg. Further electric buses are to follow in Germany and the first orders have also been received from neighboring European countries. The eCitaro is now in series production at the Daimler Buses plant in Mannheim and is being delivered to customers.

Weltpremiere des neuen vollelektrischen Mercedes-Benz Citaro I 60 Sekunden
The first eVito from series production and the first eSprinter is handed over to Hermes

In the context of the opening of the Hermes Logistics Center in Hamburg, the first 20 eVito vans from series production and the first eSprinter pilot vehicles from Mercedes-Benz Vans are handed over to Hermes Germany. The eVito vans are to take over delivery on the last mile in the urban environment. The vans are also the visible part of a strategic partnership between Mercedes-Benz Vans and Hermes Germany for the development of technologies and services for the vehicle fleet of the retail and logistics service provider.

BMW Group and Daimler AG invest in joint mobility-services provider

The BMW Group and Daimler AG are combining their mobility services in the YOUR NOW joint ventures with the goal of creating a new global player that will introduce sustainable urban mobility consistently for the benefit of customers. The two groups are investing more than €1 billion to further expand and intermesh their existing services in the areas of ride hailing, multimodal platforms, car sharing, parking and charging. The mobility services have been consolidated into three pillars since January 1, 2020: FREE NOW & REACH NOW, SHARE NOW, PARK NOW & CHARGE NOW.

Daimler and Geely Holding establish global joint venture to further develop smart

Daimler AG and Zhejiang Geely Holding Group announce that they are establishing a global 50:50 joint venture. The objective is to further develop smart, a pioneer of urban mobility, into a leading brand for electric mobility. According to the joint-venture agreement, the next generation of electric smart models will be produced in a new, specially built electric-car factory in China. Global sales are scheduled to begin in 2022.

Daimler Trucks strengthens its technology leadership for automated driving

Daimler Trucks and Torc Robotics, a pioneer in the field of autonomous driving, enter into a partnership to market highly automated trucks (SAE Level 4) in the United States. The companies agree that Daimler Trucks will acquire a majority stake in Torc Robotics. Torc is one of the world’s most experienced companies in the field of automated vehicles. Torc offers advanced, road-going technology and years of experience with heavy-duty commercial vehicles.

Q2

Daimler shareholders vote in favor of new Group structure

At the Annual Meeting in Berlin on May 22, 2019, the shareholders of Daimler AG vote by a large majority in favor of restructuring the Daimler Group. This prepares the way for the Group to transfer the car and van business as well as the truck and bus business to two legally independent entities by means of a spin-off. The new structure, which is to take effect on November 1, will give the company more scope for action in a dynamically growing competitive environment.

Mercedes-Benz Cars opens car plant in Russia

Mercedes-Benz Cars starts production at the new Moscovia car plant with the Mercedes-Benz E-Class sedan for the local market. The E-Class will be followed by SUV models. The Mercedes-Benz Moscovia plant features flexible and sustainable production and applies modern industry 4.0 technologies.

Opening of the new plant Moscovia in Russia | 60 Seconds
First Mercedes-Benz model of the EQ brand

The EQC, the first Mercedes-Benz vehicle of the EQ product and technology brand (combined electricity consumption: 20.8 – 19.7 kWh/100 km; combined CO2 emissions: 0 g/km)1, is on the road in mid-2019. With its seamless, clear design and brand-typical color accents, it is a pioneer of avantgarde electrical aesthetics. In terms of quality, safety and comfort, the EQC is the Mercedes-Benz among electric vehicles and is convincing in the sum of its features.

Mercedes-Benz EQC Start of Production
Lab 1886 at Europe’s biggest digital conference

Lab1886, the innovation hub of Daimler AG, is again the main partner of re:publica 19. With an audience of approximately 20,000 visitors in Berlin, Daimler presents forward-looking projects, creates knowledge transfer and presents itself as a potential employer to international talents from the digital scene.

Ambition 2039: Daimler puts sustainable business strategy into concrete form

Daimler is pressing ahead with the transformation to emission-free mobility. Sustainability is a key element of Daimler’s corporate strategy and at the same time a benchmark for corporate success. By 2039, the new-car fleet of Mercedes-Benz Cars is to become CO2-neutral and the company aims to achieve more than 50 % of its car sales with plug-in hybrids or all-electric vehicles. Production operations at all European Mercedes-Benz car plants are expected to be CO2-neutral as soon as 2022.

Daimler AG and BMW Group join forces for automated driving

Daimler and the BMW Group start their cooperation in the field of automated driving. The two companies have signed an agreement on long-term strategic cooperation in this field. Daimler and the BMW Group intend to jointly develop the next technology generation for driver-assistance systems, automated driving on highways and automated parking functions (up to SAE Level 4 in each case). In addition, the partners aim to hold talks on extending the scope of cooperation to higher levels of automation in urban environments. One objective of the cooperation is to achieve the rapid market launch of the technology.

Daimler adjusts earnings expectations

Daimler reassesses its earnings expectations for financial year 2019 and the second quarter of 2019. The main reasons for the initial reassessment are an increase in expected expenses in connection with various ongoing governmental proceedings and measures relating to Mercedes-Benz diesel vehicles. A further adjustment is necessary primarily due to special items which add up to a total amount of €4.2 billion in the second quarter.

Q3

Daimler welcomes acquisition of shares by BAIC Group

The Beijing Automotive Group Co. Ltd.(BAIC Group) acquires a five percent equity interest in Daimler AG through an indirect subsidiary. Daimler and BAIC are linked by a long-standing strategic partnership that has existed since 2003. Since then, the two companies have been cooperating on the production, research and development, and sale of cars, vans and trucks. Daimler acquired a stake in BAIC Motor, a listed subsidiary of BAIC, in 2013 and currently holds 9.55 percent of its shares.

Daimler Financial Services AG becomes Daimler Mobility AG

Daimler Financial Services AG now operates under the name Daimler Mobility AG and provides financing, leasing, insurance and fleet-management services for the entire Daimler Group. Daimler Mobility AG is also a strategic investor in mobility services such as FREE NOW, SHARE NOW and Blacklane. The mobility ecosystem is completed by flexible service offerings such as Mercedes-Benz Rent (car rentals) or Mercedes me Flexperience (car-on-demand solutions).

Daimler Trucks puts first highly automated truck (SAE Level 4) on the road

Daimler Trucks and Torc Robotics start with the development and testing of highly automated trucks (SAE Level 4) on defined public roads. The operation initially takes place in Virginia, where Torc Robotics has its headquarters. This follows months of testing on closed roads.

Daimler Trucks & Buses and CATL agree on global supply of battery modules for electric trucks

Daimler Trucks & Buses and battery manufacturer Contemporary Amperex Technology Co. Limited (CATL) agree to supply battery modules for series-produced electric trucks worldwide. CATL will supply lithium-ion battery modules for several electric trucks in the global portfolio of Daimler Trucks & Buses that are scheduled to go into series production in 2021.

Mercedes-Benz EQV: premiere for premium multipurpose vehicle with electric drive

Mercedes-Benz Vans presented the Concept EQV as a study vehicle at the Geneva Motor Show in March 2019. The production version in August has its premiere as the Mercedes-Benz EQV (combined electricity consumption: 27.0 kWh/100 km; combined CO2 emissions: 0 g/km, preliminary figures)2. As a member of the Mercedes EQ family, the first battery-powered premium MPV from Mercedes-Benz combines locally emission-free mobility with convincing performance, high functionality and aesthetic design.

Administrative offence proceedings against Daimler AG are fully concluded

The public prosecutor’s office in Stuttgart issues a fine notice against Daimler AG due to the negligent violation of supervisory duties in the area of vehicle certification in connection with deviations from regulatory requirements for certain Mercedes-Benz vehicles. The negligent breach of supervisory duty was found to have occurred at the level of department head. Daimler refrains from taking a legal remedy against the fine notice. The fine proceedings of the public prosecutor’s office against Daimler AG are thus fully concluded.

Development partnership for second-life batteries

Mercedes-Benz AG through its wholly-owned subsidiary Mercedes-Benz Energy GmbH and Beijing Electric Vehicle Co.(BJEV), a subsidiary of the BAIC Group, have entered into a development partnership to develop second life energy-storage systems in China. With a view to the value chain of automotive battery systems, the partner companies are pooling their expertise and resources and laying the foundation for the development of a sustainable, renewable-energy industry.

Q4

Daimler launches new corporate structure

As planned, the Daimler Group launches its new corporate structure on November 1, 2019. The hive-down of the car and van businesses on the one hand and the truck and bus businesses on the other to two new subsidiaries took effect on October 31 with the entry for Daimler AG in the commercial register. Under the umbrella of Daimler AG, the Group’s operating activities will be managed in the new corporate structure in three divisions instead of five. Mercedes-Benz AG is responsible for the business of Mercedes-Benz Cars & Vans. Daimler Truck AG combines the activities of Daimler Trucks & Buses. Daimler Financial Services, which has been legally independent for many years, was renamed as Daimler Mobility AG in July. With these three subsidiaries, Daimler is strengthening its customer focus and increasing the Group’s agility.

Daimler cuts costs and sets its course for the future

Daimler presents a new, sustainable business strategy at its Capital Markets Days in London and New York. With a consistent commitment to CO2-neutral mobility, the company is setting its course for a successful future. Daimler is positioning itself for the transformation with a clear strategy for the future. The costs to be incurred in order to achieve the CO2 targets require comprehensive measures to increase efficiency in all areas of the company. This is likely to adversely affect our earnings in 2020 and 2021.

Comprehensive ecosystem for truck customers’ entry into electric mobility

The Daimler Trucks & Buses E-Mobility Group, a cross-divisional organization within Daimler Trucks & Buses, launches a full ecosystem for truck customers for the best possible entry into electric transport logistics. This includes a comprehensive range of consulting services and the development of a charging infrastructure suitable for electric trucks. In addition to personal and individual advice, the modular range of services also includes digital applications that make it easier to get started with e-mobility. The first step will focus on the markets of Europe, North America and Japan. The consulting is already being successively implemented with the first customers.

Mercedes-Benz Actros is ”Truck of the Year”

Commercial-vehicle trade journalists from 24 European countries vote the Mercedes-Benz Actros as best truck of the year for the fifth time. The success story began with the first Actros in 1997 and the following generations also won the award. With nine titles, Mercedes-Benz is now the most successful brand in the battle for recognition for technological advancement, the key criterion in the selection process of the international Truck of the Year jury.

Daimler decides on key points for streamlining the company

Daimler and the General Works Council agree on the key points to streamline the Group structure, thus increasing efficiency and flexibility. To this end, joint measures have been agreed to reduce costs and jobs in a socially responsible manner. Daimler will therefore make use of normal staff turnover to reduce the size of the workforce as jobs become vacant. In addition, possibilities for pre-retirement part-time working will be expanded and a severance program will be offered in Germany in order to reduce the number of management positions.

Daimler Mobility AG and Geely Technology Group launch StarRides premium limousine service

Daimler Mobility AG and the Geely Technology Group, a subsidiary of the Zhejiang Geely Holding Group, launch StarRides, a premium limousine service in Hangzhou, China. The StarRides fleet starts with 100 vehicles and comprises models of the Mercedes-Benz S-Class, E-Class and V-Class series. The service is to be launched in further major cities in China in 2020.

1 Electricity consumption and range were determined on the basis of Regulation 692/2008/EC. Electricity consumption and range depend on vehicle configuration.

2 Data on electricity consumption and range are provisional and have been determined by the technical service for the certification procedure according to UN/ECE Regulation No 101. EC type approval and a certificate of conformity with official values are not yet available. This data may deviate from the official values.

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