Daimler CEO Dieter Zetsche said a recent trip to Silicon Valley revealed that tech companies such as Google and Apple were making significant progress on autonomous cars, German newspaper Welt am Sonntag reported (via Reuters).
“Our impression was that these companies can do more and know more than we had previously assumed. At the same time they have more respect for our achievements than we thought,” Zetsche said, according to the report.
Zetsche said he and other managers from the automaker met with tech companies in Silicon Valley, but didn’t disclose what those companies were. (Read More…)
Investors aren’t necessarily drinking automakers’ Kool-Aid that 2016 will be full of beer and Skittles.
That, the China-made Cadillac CT6 that’ll eventually get here, El Chapo’s cheapo getaway car and General Motors’ questions get down and dirty … after the break!
Renault-Nissan CEO Carlos Ghosn did well for himself in 2014, banking around $16 million in compensation compared to the salaries of other automotive CEOs.
Though sales of electric vehicles are still weak, automakers are not giving up on them over the long term.
Google may have the right stuff to shake up the auto industry, but Dr. Z doesn’t believe the tech giant will ever be an automaker in its own right.
Google knows what you’re thinking. If you decide to search for brown diesel manual station wagons that bring out your inner American, Google will auto-complete that very phrase as one of its suggested searches as soon as you type out the word “bro.”
Daimler AG and Volkswagen AG aren’t too thrilled with this electric eye’s ability, urging its fellow automakers to develop automotive data platforms that would secure sensitive customer information from the Mountain View, Calif. tech giant.
Despite allegations to the contrary, Daimler AG chair Dieter “Dr. Z” Zetsche says his company remains neutral on the subject of unionization in regards to the Mercedes factory in Vance, Ala.
Though Daimler shuttered its Maybach ultra-luxury brand, it isn’t giving up on selling cars in the $200,000+ price range. With the $470,000 Maybach, Mercedes-Benz tried to compete with ne plus ultra cars like the Bentley Mulsanne and Rolls Royce Phantom. In the ten years that the Maybach was produced, Daimler sold about 3,000 of them, about how many Phantoms Rolls-Royce sells in a year.
If it weren’t for a Papal visit, Dr. Z may never have come to know Mercedes-Benz.
That was a marriage in heaven but didn’t end up in heaven. We start on earth this time and stay there.
Daimler CEO Dieter Zetsche, explaining the difference between Daimler-Chrysler and the new Daimler-Renault-Nissan alliance in Automotive News [sub].