German carmaker Daimler, which owns Mercedes-Benz, has agreed to pay $1.5bn (£1.2bn) to resolve US government claims that it designed its diesel vehicles to cheat air pollution tests. The firm ...

BMW and Daimler have unveiled a joint venture covering new-generation services such as driverless vehicles, ride-hailing, and pay-per-use cars. Normally fierce rivals, the firms are investing € ...