Daimler to spin off truck unit, give clear investor focus on Mercedes-Benz

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Daimler to spin off truck unit, give clear investor focus on Mercedes-Benz

(Reuters) – German carmaker Daimler plans to spin-off Daimler Truck, the world’s largest truck and bus maker, as it seeks to increase its investor appeal as a focused electric, luxury car business. FILE PHOTO: Ola Kaellenius, chairman of Daimler AG attends …
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Siemens Energy planning to lay off 500 workers in Olean

OLEAN, N.Y. (WIVB) — Siemens Energy is planning to lay off 500 workers at its plant in Olean. State Senator George Borrello says the company is going to keep 300 jobs at the plant. He says there are 100 openings in Painted Post and Houston, Texas.
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2021 Ford F-150 Raptor is America's super truck, remastered

Those mammoth tires? Three feet high and rising. Ford. Groundbreaking vehicles don’t pop up in the car and truck world very often, and when models that challenge conventional wisdom do show up, most end up flopping. But when Ford debuted its …
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Ford unveils new version of highly profitable F-150 Raptor performance pickup, plans V-8 model

Since debuting in 2009, the Raptor has been a winner for Ford and its pickup truck lineup. While representing a small amount of Ford’s 800,000 sales of full-size pickups, the truck garners significant attention and profits for the company.
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Passenger traffic at airports in tier 2, 3 cities higher than pre-COVID levels: IATA

“In domestic, we have seen a strong expansion in new destinations and the deployment of new flights. Unused and under utilised airports in India are starting to see additional passenger activity,” Amitabh Khosla, country …
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