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Quandt Family nixes BMW and Daimler 7% share swapping deal

The saga between BMW and Daimler forming a strategic alliance dates back more than two years. To this day, nothing major has materialized except a deal over procurement and purchasing of common components, but there was hope that a resolution would be found following the surface of reports that the...

March 17, 2009 by 
 
Daimler CEO Dieter Zetsche speaks at the press conference

Chrysler cost Daimler $1.75 billion in 2008

The divorce of Daimler from Chrysler in 2007 wasn't complete - the German company Daimler still holds 19.9% of Chrysler - and now that lingering relationship has come back... February 17, 2009 by 


 
Maybach 62S

Maybach 62S depreciates $500 per day, leads luxury ranks

The true cost of owning a mega-luxury car is often compounded when things like maintenance and insurance are taken into account, but it turns out depreciation is the real... February 2, 2009 by 


 
Maybach 62

Maybach sales drop 25%, company insists it’s immune to global economic crisis

Despite the global economic crisis, no customers have canceled their Maybach orders but sales last year were still down on 2007’s levels. Maybach sold just over 400... January 26, 2009 by 


 
Smart ForTwo EV

Smart exploring opportunities for U.S. ForTwo EV trial

In July last year Smart unveiled three new concept versions of its second-generation ForTwo minicar, all based around an ultra-efficient electric drivetrain. The trio... January 13, 2009 by 


 
Mercedes-Benz C63 AMG

Mercedes-Benz hit with second-largest fuel efficiency fine ever by NHTSA

Mercedes-Benz has been fined $28.9 million for failure to meet federal fuel efficiency standards by the National Highway Traffic Safety Administration (NHTSA) this week. The... January 8, 2009 by 


 
Shuanghuan's Bubble at the 2007 Bologna Motor Show

Daimler on verge of settling Smart ForTwo clone car suit in Europe

For more than a year now, Mercedes' parent company Daimler has pursued a copyright infringement case against Chinese carmaker Shuanghuan for its Bubble, a blatant knock-off... January 5, 2009 by 


 
Mercedes Benz S400 BlueHybrid

Daimler teams with Evonik for lithium-ion batteries

Three electric concepts headed to the 2009 Detroit Auto Show have captured much of Daimler subsidiary Mercedes' press of late, and the timing of the new Daimler-Evonik hints... December 16, 2008 by 


 
maybach 72 stretch limo 002

Extended Maybach 62 becomes six-seat Maybach 72

Daimler's Maybach brand of super-luxury executive vehicles doesn't have the sales strength of rivals Bentley or Rolls Royce, but it's no less an opulent and sizable piece of... December 10, 2008 by 


 
Daimler car2go Smart ForTwo

Daimler expands ‘car2go’ vehicle sharing program, considers adding EVs to fleet

Daimler commenced trials of a new mobility concept called the ‘car2go project’ in Ulm, Germany, on October 24 in an attempt to provide a solution for increasing... December 8, 2008 by 


 
Cerberus Daimler Chrysler deal

Cerberus accuses Daimler of fudging Chrysler’s numbers

Cerberus Capital Management has accused Daimler AG of misleading them about the true value of Chrysler before selling the American private equity group a majority holding in... November 26, 2008 by 


 
Mercedes Benz C-Class production in Bremen

Several Mercedes plant workers accused of corruption

Several employees of the Mercedes Benz plant in Sindelfinger are under investigation, following allegations of corruption and bribery, according to a number of German news... November 17, 2008 by 


 
Mercedes' C-Class wagon production line in Bremen, Germany

Daimler suspends production for 1 month

Even the upper tier of the mass-market luxury car manufacturers are facing troubled times this year. Sales are down, inventories are up and there appears to be no end in... October 27, 2008 by 


 
2009 Chrysler 300

Report: Chrysler to use more Mercedes diesels in Europe

Though Daimler and Chrysler split last year, cooperation between the two carmakers is ongoing, and it looks to be headed into the future as well, with the next-generation... October 24, 2008 by 


 
Chrysler logo

Daimler values 19.9% stake in Chrysler down to zero

Both General Motors and Renault-Nissan are reportedly eying an acquisition of Chrysler, or at least some of its shares, but one carmaker that already owns a stake in the... October 24, 2008 by 


 
Maybach 62S Landaulet

Daimler CEO says Maybach is not losing money, won't be axed

With no new models in the pipeline and a paltry 146 units sold in all of 2007, there has been plenty of speculation that Maybach could be running at a loss and eventually... October 8, 2008 by 


 
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