Daimler stands by diesel despite growing controversy
Q2 net profit up a scant 2% compared with a year ago, to $2.9 billion.
Mercedes Benz Vans breaks ground on $500M US plant
Operation will eventually employ 1,300 workers.
Daimler CEO gets contract extension after record profits
Dieter Zetsche’s new contract runs through the end of 2019.
Automakers commit to automatic brakes in all cars
Technology is part of a new era in vehicle safety in which the focus is on preventing crashes rather than on protecting occupants.
China fines Nissan joint venture $19.3M in anti-monopoly crackdown
Authorities say Dongfeng Nissan Auto Sales Co. violated anti-monopoly laws by improperly enforcing minimum prices.
Americans are less satisfied with cars than any time since 2004
Consumers are sick of dealing with recalls.
Daimler spending $500M for South Carolina van plant
New facility will create 1,300 jobs.
Alabama Mercedes plant should be be unionized, Daimler labour chief says
Michael Brech said he supports the United Auto Workers’ efforts to gain recognition at the plant.
California to write rules on driverless cars by year’s end
Once the stuff of science fiction, “autonomous cars” could be commercially available by decade’s end.
German automakers expand car sharing options to lure new buyers
Daimler is following in the tire tracks of DriveNow, a joint venture between its rival BMW and car rental firm SIXT.
Daimler pays $845 million for 12% stake in Chinese partner
Automaker looks to increase its footprint in the fast growing Chinese car market.
Mercedes building new Brazilian factory to make C class sedans, compact SUVs
German automaker will invest $224 million to build the plant that is expected to start up in 2016.
China’s March auto sales up 13.3%, Japanese brands suffer more decline
Communist government promoting auto manufacturing, but still fine-tuning policies to encourage smaller, fuel-efficient vehicle sales.
Daimler buys stake in Chinese automaker for $875 million
German automaker will spend $875 million for a 12% stake in BAIC Motor.
Mercedes inaugurates $1B plant in Hungary
Production of the B-Class compact expected to surpass 100,000 a year.