DaimlerChrysler AG News

The Mercedes-Benz unit of German automotive group Daimler AG will lay off 1,500 workers at a Brazilian truck factory for up to five months because of declining production, according to the union representing workers at the plant.

CHL -0.27% DDAIF +0.58% LVMUY -1.87% NSRGY -0.59% TEF -3.75% TKC -2.16% LVMUY -1.87% What do BMW, Burberry and Prada have in common? Well, yes, all three are European companies with an old pedigree that produce highly-sought-after luxury goods, but besides that? Unlike some of their peers-such as Daimler AG or Moet Hennessey Louis Vuitton , none ... (more)

The failure of China's mass-market electric car producers to meet government sales goals is prompting one major carmaking partnership to change tack and develop a "luxury" e-car for the world's largest auto market where upscale brands trump environmental concerns.

On May 16, 2012, 25 SLR Club Members, set out from Stuttgart-Unterturkheim on this year's Mille Miglia.

Earnings per share at Volkswagen AG, Bayerische Motoren Werke AG and Daimler AG exceeded expectations by as much as 52 percent.

At the opening ceremony for Daimler AG's $850 million India factory, Chairman Dieter Zetsche stepped down from the cab of a gleaming yellow 25-tonne truck with scaled-down horsepower, a stripped-back gearbox and no sign of the iconic Mercedes-Benz three-pointed star on its grille.

At the opening ceremony for Daimler AG's $850 million India factory, Chairman Dieter Zetsche stepped down from the cab of a gleaming yellow 25-tonne truck with scaled-down horsepower, a stripped-back gearbox and no sign of the iconic Mercedes-Benz three-pointed star on its grille.

Germany's top three carmakers and their suppliers have benefited most from thriving demand in China, with first-quarter profits at Bayerische Motoren Werke AG, Volkswagen AG and Daimler AG all beating analyst estimates.

BMW and Mercedes-Benz parent Daimler AG are among a group of more than a dozen private and public entities that are working together on a project designed to speed up the development of urban electric vehicles.

A union representing German metal workers has called on thousands of its members to begin two days of strikes over demands for better pay.

Daimler AG's Mercedes-Benz regained the U.S. luxury-vehicle sales lead for the year over Bayerische Motoren Werke AG's BMW brand with April deliveries rising 24 percent, the biggest gain of any premium brand.