Daimler, RWE announce Berlin electric car project Today 1:53 PM EST

Carmaker Daimler AG and utility RWE AG said Friday they would begin a joint electric car and charging station test project in the German capital, called "E-Mobility Berlin." Read more

Mercedes Benz Cars sales fall 12 pct in August Today 1:29 PM EST

Daimler AG said Friday its Mercedes-Benz car division's sales in August fell by 12 percent compared to the same month a year ago, dragged down by faltering sales in western Europe. Read more

August Auto Sales: Daimler Sep 03, 2008 12:49PM

German carmaker Daimler AG said Wednesday its U.S. sales fell slightly in August from a year earlier as a 12 percent drop in the volume of Mercedes-Benz vehicles offset strong sales of the company's new Smart fortwo models. Read more

German court rejects Daimler fine Aug 27, 2008 11:41AM

A German court said Wednesday it has rejected a call from the country's financial regulator to impose a fine on Daimler AG over the timing of a 2005 announcement that then-Chief Executive Juergen Schrempp was stepping down. Read more

Daimler to expand Brazil truck, bus production Aug 12, 2008 11:26AM

Daimler AG said Tuesday its Mercedes-Benz unit will increase production of trucks, buses and their components at a plant in Brazil, investing 600 million euros ($894 million) in the facility. Read more

Daimler, China's Beiqi Foton OK joint venture deal Aug 07, 2008 1:19AM

Daimler AG and Beiqi Foton Motor on Thursday signed an agreement to form a 50-50 joint venture to make medium and heavy-duty trucks in China and to look for opportunities to sell Foton's Auman trucks in overseas markets. Read more

Mercedes' cars global sales rise 1 percent in July Aug 06, 2008 11:35AM

Carmaker Daimler AG said Wednesday its Mercedes-Benz Cars division sold 105,100 vehicles globally last month, a 1 percent increase from a year earlier, with demand for its fuel-efficient two-seat Smart setting a new record. Read more

Fitch cuts Daimler Chrysler financial arm Aug 01, 2008 4:22PM

Fitch Ratings downgraded Daimler Chrysler's Americas financing arm debt further into non-investment status on Friday because of the company's move to exit consumer leasing due to falling residual values on trucks and sport utility vehicles. Read more

Daimler eyes Russian truckmaker stake Jul 25, 2008 8:12AM

Daimler AG said Friday it is considering buying a 42 percent stake in OAO Kamaz, Russia's largest truck maker, in a bid to increase its presence in Europe's biggest truck market. Read more

Tenn. Supreme Court rules against automaker Jul 24, 2008 9:07PM

The state Supreme Court affirmed a trial court's decision to award a couple $13 million in punitive damages in a wrongful death lawsuit against DaimlerChrysler Corp. Read more
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