Daimler

Daimler profit surges 41% on record Mercedes sales

April 28, 2015 08:15 CET

Daimler said first-quarter operating profit surged 41 percent on the effects of new model launches and record sales of Mercedes cars. Overall adjusted group earnings before interest and tax (EBIT) jumped to 2.93 billion euros ($3.19 billion)....
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How Hummer maker, Mercedes came together

12:01 am U.S. ET | April 27, 2015

Production of the Mercedes-Benz R class will begin on the line that once made Hummer H2s for General Motors, just a stone's throw from where AM General builds light tactical military vehicles for the U.S. and other governments. The Mercedes contract gives AM General a chance to reinvigorate contract manufacturing in the U.S....
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Mercedes fined $56 million in China for price fixing

April 23, 2015 08:30 CET

Authorities in China's Jiangsu province fined Mercedes-Benz 350 million yuan ($56 million) for a pricing monopoly there. It is the biggest fine imposed on an automaker since the government started to crack down on antitrust violations last year....
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Mercedes' Cannon recruits fellow execs for a personal mission

11:34 am U.S. ET | April 21, 2015

A few months ago, Steve Cannon called on the heads of Group 1 and AutoNation for big favors -- and it had nothing to do with selling more cars. Instead, the CEO of Mercedes-Benz USA had a different mission in mind....
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Geely takes aim at BMW, Mercedes with plans for sport sedan

7:56 am U.S. ET | April 20, 2015

Geely is showcasing a concept sport sedan at the Shanghai auto show this week that was developed by a team led by former Volvo Cars design chief Peter Horbury. The segment is dominated by models like the BMW 3 series and Mercedes-Benz CLS....
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Mercedes shrinks SUV with GLC coupe concept

4:34 am U.S. ET | April 19, 2015

Mercedes-Benz is looking at bringing out an all-new compact SUV coupe as early as 2016 as buyers continue to favor sporty models....
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BMW Group, inspired by Google Glass, tests experimental driving goggles

12:00 pm U.S. ET | April 19, 2015

BMW Group, which thinks computerized headsets such as Google Glass could be the next big thing, has unveiled a prototype of goggles that turn the world into a digital display, making it easier to follow navigation directions and park in a BMW or Mini....
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AUTOMOTIVE NEWS EUROPE E-MAGAZINE

Mercedes-Maybach offers quiet luxury

April 17, 2015 06:15 CET

Mercedes has upgraded its flagship sedan by giving it a more spacious rear cabin and features such as voice amplification, extra lining to reduce wind noise and reclining rear seats to create the Mercedes-Maybach S class....
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Is Germany making too many luxury cars?

8:39 am U.S. ET | April 14, 2015

Massive sales gains present some tricky terrain for a luxury brand. The appeal of a German-born luxury car, at least in part, is the air of exclusivity. So how do Germany's car bosses deal with that potential stigma?...
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Blue sky surges for German luxury brands

12:01 am U.S. ET | April 13, 2015

The values for German luxury brand dealerships in the United States are in the stratosphere, while some other brands are such poor prospects that the buy-sell market cannot even assign them a multiple. Those are some of the key findings in a just-released report put out by the advisory firm Haig Partners....
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M-B may take on TT, Panamera, report says

12:01 am U.S. ET | April 13, 2015

Mercedes-Benz may launch rivals to the Audi TT sports car and Porsche Panamera, a German auto magazine said. The two cars would be developed by the brand's AMG performance division, Auto Motor und Sport reported....
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Daimler, Nissan will develop M-B pickup

12:01 am U.S. ET | April 13, 2015

Daimler AG and Nissan Motor Corp. will jointly develop a midsize pickup for Mercedes-Benz, the companies said last week. The pickup will target commercial and private buyers and will share some underpinnings with a new Nissan NP300 truck, Daimler and Nissan said in a joint statement....
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Smart CEO to speak at Europe Congress

12:01 am U.S. ET | April 13, 2015

Smart CEO Annette Winkler, the first woman to lead an automotive brand in Europe, will speak at the Automotive News Europe Congress on June 10 in Birmingham, England....
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Lexus to reveal refreshed ES sedan in Shanghai

1:04 am U.S. ET | April 10, 2015

Toyota will introduce a new Lexus model in China for the second year in a row, showing a refreshed ES sedan in Shanghai this month. The ES is the top-selling Lexus sedan in the United States....
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Daimler nearing decision on Russian Mercedes plant, report says

April 9, 2015 06:01 CET

Daimler has narrowed down potential sites for a Mercedes car plant in Russia to three locations, according to a Russian media report. Daimler will likely make a decision next month on whether to build Mercedes cars in the country where its vehicle sales are increasing despite the market's steep downturn, the report said....
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AUTOMOTIVE NEWS EUROPE E-MAGAZINE

Aston CEO calls crossover, Daimler deal keys to revival

April 9, 2015 06:15 CET

Aston Martin will develop two new platforms, add a crossover, refresh its supercar lineup and leverage its technology alliance with Daimler to help make the brand consistently profitable. CEO Andy Palmer outlined his plans in an interview with Automotive News Europe....
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VINCE BOND JR.

BLOG: Mercedes scores, too, as Duke tops Wisconsin

12:01 am U.S. ET | April 8, 2015

Mercedes experienced the largest lift in purchase likelihood from its advertising during the NCAA Men's Division I Basketball National Championship, but its competitors saw gains as well, according to Extreme Reach, a company that measures the effectiveness of ad campaigns....
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AUTOMOTIVE NEWS EUROPE E-MAGAZINE

Mercedes r&d chief aims to make automaker faster

April 8, 2015 06:15 CET

Mercedes r&d boss Thomas Weber says the automaker needs to react faster to emerging trends if it wants to rise to No. 1 in premium car sales by 2020. He explained the shift in his team's focus toward areas such as connectivity, autonomous driving and zero emissions to Automotive News Europe....
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Mercedes sales increase 16% to monthly record

April 8, 2015 12:03 CET

Mercedes sales rose 16 percent in March to a monthly record, powered by robust demand in Europe, China and the U.S. and strong sales of the automaker's C class, compacts and SUVs....
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Mercedes, Nissan expand cooperation to build midsize pickup

April 7, 2015 16:50 CET

Daimler said it will expand its cooperation with strategic partner Nissan to develop a midsize pickup truck for Mercedes. The pickup will be built by the Renault-Nissan alliance at its plants in Spain and Argentina....
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Mercedes, Nissan to develop midsize M-B pickup

11:06 am U.S. ET | April 7, 2015

Daimler will expand its cooperation with Nissan to develop a midsize pickup for Mercedes-Benz. The new pickup will target commercial and private clients and will share some of the underpinnings with an all-new Nissan NP300 truck....
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BMW, Mercedes probe unauthorized exports from U.S. to China

April 7, 2015 11:29 CET

Mercedes and BMW are probing unauthorized exports of vehicles from the U.S. to China, which have recently surged and threaten profit in the world's largest auto market. So-called gray imports to China have jumped since the country allowed dealers in Shanghai's free trade zone to import cars without the consent of foreign carmakers....
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U.S. pickup for Mercedes? Decision by Dec. 31, CEO Cannon says

12:01 am U.S. ET | April 6, 2015

Mercedes-Benz USA will decide by year end whether to sell a pickup being developed for other markets. "We said to Stuttgart, 'We are open, and let us assess the market,'" says Steve Cannon, CEO of Mercedes-Benz USA....
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AUTOMOTIVE NEWS EUROPE E-MAGAZINE

Check out the ANE e-magazine for April

April 6, 2015 06:01 CET

The latest issue of the Automotive News Europe monthly e-magazine is ready for you to view. This month's edition looks at how PSA CEO Carlos Tavares made France's largest automaker operationally profitable again after three years of huge losses....
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Mercedes will shed bulk of HQ staff in move

12:01 am U.S. ET | April 6, 2015

Only about 180 of Mercedes-Benz USA's 1,053 employees are likely to move to Atlanta this summer, CEO Steve Cannon says. That's because not all of Mercedes' employees will be affected initially by the move....
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Automotive News
Special Video Report
Toyota's Lentz in Texas: A Lexus regret, fixing 'starved' Scion, the next Prius

Toyota's Lentz in Texas: A Lexus regret, fixing 'starved' Scion, the next Prius

Toyota North America CEO Jim Lentz is a pioneer. He and a handful of other employees moved to north Texas last September to help build the automaker's new U.S. headquarters.
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