Archive for the ‘daimlerchrysler’ Category
Daimler will take the next two years to decide whether to invest more in its failing Maybach flagship marque or else shut it down. This comes from the mouth of Daimler and Mercedes chief Dr. Dieter Zetsche, who inherited the problem-child brand from his predecessor, ex-CEO Juergen Schrempp.
After di......
Mercedes to pump some extra octane into next A- and B-Class
Wednesday, December 12th, 2007
According to the latest reports, Mercedes has finally realized why its A-Class and B-Class compacts haven't been doing so well: they're boring, overpriced and underpowered... and that's a losing combination. So for the next generation of the two model lines that's expected around 2011, Mercedes is r......
NHTSA releases ‘06 CAFE fines, Daimler(Chrysler) takes cake
Wednesday, October 17th, 2007
The automaker formerly known as DaimlerChrysler isn't finished making headlines yet. The NHTSA, which levies fines for manufacturers not meeting CAFE standards, has issued its largest penalty to any automaker, ever, by giving DaimlerChrysler a bill for $30,357.635.50.The fine is for the carmaker's e......
Speculation for 2008: Ford and Chrysler to merge?
Sunday, October 14th, 2007
Chrysler and Ford have been at the top of the headlines all year long for various reasons, with Ford continuing to slim down by selling off its PAG brands, while Chrysler got dumped by Daimler and went private at the hands of Cerberus Capital Management. 2008 looks to be an equally interesting year ......
Daimler to invest $420m in Indian venture
Sunday, October 14th, 2007
Daimler is joining throngs of other automakers, including Navistar, Nissan and Volvo, to establish India as one of the largest builders of commercial trucks in the world. Its newest venture involves a partnership between Daimler AG and India's Hero Group (great name!), with Daimler investing some $4......
Aston Martin and Mercedes, sittin’ in a tree…
Thursday, September 27th, 2007
Daimler and Dar, the Kuwait-based investment firm that holds a 50-percent stake in Aston Martin, are reportedly in talks to explore investment opportunities between the two automakers. The folks from Mercedes-Benz' parent company paid a visit to Dar on Tuesday, and the Aston Martin contingent is ex......
Daimler wants to be one of the world’s largest turbo suppliers
Saturday, September 22nd, 2007
Daimler is apparently getting tired of sourcing its turbochargers from outside companies, so it's enacting a three- to five-year plan than will make it one of the top three producers of our favorite power-adder.The automaker currently gets about 50-percent of its turbos from IHI Charging Systems Int......
On again, off again: BMW and Daimler may enter engine partnership
Tuesday, September 18th, 2007
It's been rumored for some time and the newest comments from BMW CEO Norbert Reithofer is further proof that the propeller people are looking to get in bed with other automakers to cut the high costs of engine development and production.This isn't a first for BMW, which partnered with PSA/Peugeot-Ci......
Fiat and Daimler may partner to develop compacts, sedans, SUVs
Sunday, September 2nd, 2007
Fiat and Daimler are reportedly in talks that may influence future products offered by each automaker. Fiat has already enlisted the help of Daimler to supply truck engines, at a cost of about $3.5 billion, but the current round of talks don't just involve engines.Fiat's chief exec Sergio Marchionne......
Hamilton Wiki-attack: the British press fire back
Friday, August 10th, 2007
Okay, this is just getting ridiculous. Remember the story we brought you a couple days ago about the Mercedes employee in Spain who trashed Lewis Hamilton on Wikipedia? Yeah, pretty ridiculous, we know. But the British media, if you can believe it, is actually taking it seriously.The Daily Telegraph......