Daimler

GABE NELSON

Three factors in Daimler's $780M sale of Tesla stock

8:39 pm U.S. ET | Oct. 22, 2014
When Mercedes-Benz parent Daimler disclosed it had sold its 4 percent stake in Tesla Motors for a handsome $780 million, people naturally rushed for a simple explanation....
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CHRISTIAAN HETZNER

Why Daimler doesn't share investors' love affair with Tesla

9:14 am U.S. ET | Oct. 22, 2014
Are Tesla shares overvalued? If you ask Daimler, investors have gotten ahead of themselves with their exuberant love for Elon Musk's EV carmaker. On Tuesday, Daimler decided to cash out on its 4 percent stake for the price of $780 million....
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CHRISTIAAN HETZNER

Why Daimler doesn't share investors' love affair with Tesla

9:14 am U.S. ET | Oct. 22, 2014
Are Tesla shares overvalued? If you ask Daimler, investors have gotten ahead of themselves with their exuberant love for Elon Musk's EV carmaker. On Tuesday, Daimler decided to cash out on its 4 percent stake for the price of $780 million in cash or about a half billion euros....
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Daimler's surprise sale of Tesla stake fuels rivalry speculation

Oct. 22, 2014 12:28 CET
Daimler's decision to sell its 4 percent stake in Tesla Motors surprised investors and fueled speculation of a growing rivalry in the increasingly competitive electric car market....
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EU says Honeywell, DuPont car refrigerant deal may be illegal

Oct. 22, 2014 10:51 CET
The EU says auto supplier Honeywell's joint venture with chemicals company DuPont to produce an air conditioning refrigerant for cars may be anti-competitive as the deal may have blocked rivals keen to participate in the chemical's development....
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Daimler earns $780 million windfall from sale of Tesla stake

Oct. 21, 2014 23:42 CET
Daimler said it would book a $780 million windfall from selling its 4 percent stake in electric car maker Tesla. The company said it will continue sourcing powertrain for the Mercedes B-Class Electric Drive from Tesla...
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Daimler sees $780 million windfall from sale of Tesla stake

5:18 pm U.S. ET | Oct. 21, 2014
Daimler AG said it will book a $780 million windfall from selling its 4 percent stake in rival electric car maker Tesla Motors....
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Q&A

Wagener: Mercedes-Benz S-class coupe a design 'revolution'

12:01 am U.S. ET | Oct. 21, 2014
Gorden Wagener has been transforming Mercedes-Benz design since he took the helm as chief designer in mid-2008. His latest creation is the S-class coupe, which embodies what Wagener calls “sensual purity” and “modern luxury.”...
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Daimler will shift some Sprinter production to North America from Germany

Oct. 21, 2014 17:51 CET
Daimler said it will build the next-generation Mercedes Sprinter van in North America, shifting some production from Germany to improve competitiveness....
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Mercedes G class to soldier on with '70s styling

12:01 am U.S. ET | Oct. 21, 2014
As Mercedes-Benz restyles the rest of its luxury SUVs, the G class's angular form -- it's about as sleek as a snow plow -- will stay the same. It hasn't had a redesign since its introduction in 1979 -- and sales are higher than ever....
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Daimler eyes stake in motorcycle maker MV Agusta, report says

Oct. 21, 2014 10:39 CET
Daimler is said to be in talks to take a stake of up to 25 percent in Italian motorcycle maker MV Agusta. Carmakers' interest in motorbike technology is growing as they introduce smaller engines aimed at meeting anti-pollution rules....
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NEW PROVING GROUNDS

Where will autonomous cars prepare for urban challenges?

12:01 am U.S. ET | Oct. 19, 2014
The advent of autonomous cars is forcing automakers to rethink the traditional proving ground and strike a balance between existing test tracks and the realities of today's bustling cities. The big hurdle for self-driving cars remains urban America, where the environment is more complex and the range of risks -- cyclists, stray dogs, children running into the street -- is greater....
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YANG JIAN

Why Audi, BMW and Mercedes dominate China's luxury market

8:25 am U.S. ET | Oct. 17, 2014
Brands such as Cadillac, Lexus and French newcomer DS are trying -- but failing -- to loosen the tight grip German automakers have on China's luxury car market....
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2015 Mercedes S-class coupe wraps high-tech, high luxury in modern package

1:44 pm U.S. ET | Oct. 17, 2014
The 2015 Mercedes-Benz S-class coupe embodies the automaker’s new design philosophy of modern luxury, says Gorden Wagener, the brand’s design chief....
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Audi tests driverless car technology at 190 mph

11:44 am U.S. ET | Oct. 15, 2014
In its effort to bring autonomous-driving technology to the streets, Audi is testing unmanned vehicles at speeds as fast as 305 kilometers (190 miles) per hour. In these experiments, the car decides for itself the best way to take the corners in its race against human drivers....
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LaSorda's VC firm adds Zetsche, Magna to 2nd investment fund

10:33 am U.S. ET | Oct. 14, 2014
Tom LaSorda, the former CEO of Chrysler and Fisker, says his venture-capital firm has begun making investments out of its second fund, which he said raised almost $10 million and has added Daimler Chairman Dieter Zetsche and Magna International to its list of investors....
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Daimler lifted by jump in third-quarter earnings at Mercedes

Oct. 14, 2014 11:21 CET
Daimler reported a 29 percent jump in quarterly core earnings at Mercedes-Benz Cars, surprising investors wary of an economic slowdown....
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Factories, dealers clash over canceled store sales

12:01 am U.S. ET | Oct. 13, 2014
Automakers are increasingly exercising their right to reject dealers' agreements to sell their stores, putting factories and retailers at odds over the question of what's best for the future of a franchise....
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Nissan brand to benefit from Daimler partnership

12:01 am U.S. ET | Oct. 13, 2014
Mass-market Nissan will begin receiving some goodies that have been flowing from the product-sharing partnership between Daimler AG and the Renault-Nissan Alliance, a senior Nissan executive says....
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M-B system links vehicle, phone, dealer and company

12:01 am U.S. ET | Oct. 13, 2014
A new offering called "Mercedes me" aims "to create a seamless integration between car and smartphone and the manufacturer and dealer so you have a portal with all the services Mercedes-Benz offers," said Ola Kaellenius, Mercedes-Benz board member for sales and marketing....
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Mercedes recalls 10,500 C-class cars in U.S. for steering issue

6:52 am U.S. ET | Oct. 10, 2014
Mercedes-Benz is recalling more than 10,500 C-class sedans in the United States from the 2015 model year because a production error causes steering wheels to squeak and resist turning....
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Toyota remains most valuable automotive brand

2:02 pm U.S. ET | Oct. 9, 2014
Toyota was named the best automotive brand worldwide for the 11th straight year, followed closely by Mercedes-Benz and BMW, in Interbrand's ranking of the 100 most valuable brands....
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Mercedes sales top Audi in Sept. as global competition intensifies

7:15 am U.S. ET | Oct. 9, 2014
Audi sold fewer cars globally than rival Mercedes-Benz for the first time this year in the latest sign that the sales rivalry among Germany's top luxury automakers is intensifying....
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Audi sells fewer cars than Mercedes as competition intensifies

Oct. 9, 2014 13:04 CET
Audi sold fewer cars than rival Mercedes-Benz for the first time this year in the latest sign that the sales rivalry among Germany's top luxury automakers is intensifying....
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Daimler, Linde to build new hydrogen fuel stations in Germany

Oct. 8, 2014 14:01 CET
Daimler and industrial gases maker Linde will build 20 hydrogen fuel stations in Germany over the next few years to boost support networks for fuel cell cars. Daimler aims to bring competitively priced fuel cell vehicles to market by 2017....
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