MercedesBenz USA Newswire

Comprehensive Real-Time News Feed for MercedesBenz USA.

Results 1 - 20 of 724 in MercedesBenz USA

  1. Daimler surprisingly offloads Tesla stakeRead the original story

    12 min ago | INAUTONEWS

    The German automaker, the parent company of the world's third-largest premium carmaker - Mercedes-Benz - has surprised analysts and investors by selling its 4% stake in California-based electric maker Tesla. Daimler AG announced it would get $780 million from the move, a cash flow that would buoy earnings before interest and taxes.

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  2. Daimler Restructures Cooperation with TeslaRead the original story

    1 hr ago | The Auto Channel

    Oct. 21, 2014: Termination of share-price hedging and sale of 4% stake in Tesla Ongoing cooperation on current projects Daimler to continue sourcing powertrain for Mercedes-Benz B-Class Electric Drive from Tesla Dr. Dieter Zetsche, Chairman of the Board of Management of Daimler AG and Head of Mercedes-Benz Cars: "Our partnership with Tesla is very successful and will be continued." Daimler AG has reorganized its cooperation with Tesla Motors Inc. In this context, Daimler has terminated the share-price hedge it initiated in 2013 and has sold its stake in Tesla of approximately 4%.

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  3. Daimler just sold all its stake in Tesla, about 4% of the electric car maker's sharesRead the original story w/Photo

    7 hrs ago | Business Journal

    German automaker Daimler today announced that it would sell all of its stock in Tesla Motors Inc., reaping $780 million in the process. Daimler bought 10 percent of Tesla's stock in 2009, before the company had released the Tesla Roadster, the predecessor to the Tesla Model S. Sales of that electric sedan has sent Tesla's stock to dizzying heights since.

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  4. Daimler Sells Stake in TeslaRead the original story w/Photo

    7 hrs ago | Wall Street Journal

    Daimler AG said it has sold its remaining 4% stake in electric car maker Tesla Motors Inc. for a gain of $780 million, in a move that comes as the German auto maker is trying to build a battery making venture in its home country.

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  5. Daimler AG Sells 4-Percent Stake In Tesla For $780-Million; Shares FallRead the original story w/Photo

    8 hrs ago | CBS Local

    CBS San Francisco Connect With Us At KPIX 5 PROGRAM GUIDE: KPIX 5 TV Schedule WATCH: A Glimpse Inside The Working KPIX 5 Newsroom Breaking News Send news tips, video & photos, and video to the KPIX 5 [...] CONNECT WITH KCBS Welcome to KCBS All News 740AM & 106.9FM on CBSSanFrancisco.com! LIKE KCBS Radio On Facebook: KCBS is the Bay Area's only all news station, serving listeners with local, national and world news around the clock, [...] PALO ALTO - Daimler AG says it has sold its 4 percent stake in electric car maker Tesla for $780 million. The Germany-based parent of Mercedes-Benz says its partnership with Tesla Motors Inc. is unaffected.

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  6. Daimler restructures cooperation with Tesla; termination of share-price hedging and sale of 4% stakeRead the original story

    9 hrs ago | Green Car Congress

    Daimler AG has restructured its cooperation with Tesla Motors. Daimler has terminated the share-price hedge it initiated in 2013 and has sold its stake in Tesla of approximately 4%.

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  7. Daimler Sells Stake in Tesla, Work on Electric Cars to ContinueRead the original story

    9 hrs ago | Bloomberg

    Daimler AG , the maker of Mercedes-Benz cars, sold its stake in Tesla Motors Inc. , the electric-car company. Daimler had a 3.9 percent stake in the Palo Alto , California-based automaker, according to data compiled by Bloomberg.

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  8. Daimler just sold all its stake in Tesla, about 4% of the electric car maker's shares.Read the original story w/Photo

    10 hrs ago | Business Journal

    German automaker Daimler today announced that it would sell all of its stock in Tesla Motors Inc., reaping $780 million in the process. Daimler bought 10 percent of Tesla's stock in 2009, before the company had released the Tesla Roadster, the predecessor to the Tesla Model S. Sales of that electric sedan has sent Tesla's stock to dizzying heights since.

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  9. UPDATE 1-Daimler sees $780 million windfall from sale of Tesla stakeRead the original story

    10 hrs ago | Reuters

    Daimler AG said on Tuesday it would book a $780 million windfall from selling its 4 percent stake in rival electric car maker Tesla Motors Inc . The stake sale comes as a surprise, even though the Stuttgart-based maker of Mercedes-Benz cars insisted that a technological cooperation deal between the two carmakers remains unchanged.

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  10. Next Mercedes G-Class won't think outside of the boxRead the original story w/Photo

    10 hrs ago | Autoblog

    Anyone that was afraid that Mercedes-Benz would follow the example of the Land Rover Range Rover and soften the looks of the iconic Gelndewagen when it came time for a redesign need not worry. The iconic off-roader's brutalist design aesthetic will carry on, as it's essential to its character.

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  11. The Wall Street Journal: Daimler sells Tesla stake for $780 millionRead the original story w/Photo

    11 hrs ago | MarketWatch

    Daimler AG said it has sold its 4% stake in Tesla Motors Inc. for $780 million, a position it took with an investment before Tesla's 2010 public offering. "We are extremely satisfied with the development of our investment in Tesla, but it is not necessary for our partnership and cooperation.

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  12. Honeywell gets EU antitrust complaint with DuPont on coolantRead the original story w/Photo

    16 hrs ago | NorthJersey.com

    Honeywell International Inc. and DuPont Co. were sent objections by European Union regulators for violating antitrust rules over the only car-coolant chemical that currently meets new EU standards on greenhouse-gas emissions.

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  13. Recent NJ Appellate Court Decision Indicative of Continuing...Read the original story w/Photo

    Monday | JD Supra

    The past few years have seen the United States Supreme Court issue a number of important decisions on the subject of personal jurisdiction. For example, the Court's decisions in Daimler AG v.

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  14. Tesla Starts Model S Sales on Alibaba's Online Mall in ChinaRead the original story w/Photo

    Monday | Advertising Age

    Tesla Motors began taking online orders for its Model S electric car in China today, joining General Motors Co. and Volkswagen in selling vehicles through Alibaba Group Holding's online shopping mall.

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  15. Cooperation between Mercedes-AMG and Santoni: New G 63 Collection Under the Label "Santoni for AMG"Read the original story

    Friday Oct 17 | The Auto Channel

    Oct 17, 2014: When the high-performance brand of Mercedes-Benz and an Italian producer of luxury goods start working together, the world can look forward to something special: stylish luxury in leather coupled with pure driving performance. The latest products to come out of the cooperation between Mercedes-AMG and Santoni are a striking ankle boot and a backpack with a minimalist design.

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  16. Daimler Leading the Way in Climate Protection and Environmental ManagementRead the original story w/Photo

    Friday Oct 17 | The Auto Channel

    October 17, 2014: At the 2014 CDP Climate Leadership Award Conference in Munich, CDP acknowledged Daimler AG as the leader in its sector for the automotive industry. The company received the award for its outstanding efforts and exemplary transparency in tackling climate change, and achieved the maximum possible score of 100 in the Climate Disclosure Leadership Index .

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  17. BClass FCell car crosses 3 lakh km markRead the original story w/Photo

    Wednesday Oct 15 | Hindustan Times

    A Mercedes-Benz B-Class F-Cell, a hydrogen fuel cell powered car, had achieved a continuous runing record of 3,00,000km under normal everyday conditions. For this, Daimler AG was honoured with the 'f-cell Award 2014' in the Fuel Cell Innovation Award competition for the third running year.

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  18. Softening Chinese market grapples with troubling trendsRead the original story w/Photo

    Thursday Oct 16 | Automotive News

    China regulators hit automakers -- with a notable focus on foreign companies -- with anti-monopoly probes this year, prompting Toyota, Honda, Chrysler, BMW, Audi and Mercedes-Benz to lower prices on vehicles and spare parts. Photo credit: REUTERS That was just one of several concerns fretted over by Chinese and international executives at the Global Automotive Forum, which opened here Thursday.

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  19. News from the Mercedes-Benz Club: A breathtaking display - and a discount for joiningRead the original story

    Thursday Oct 16 | PR Log

    The Mercedes-Benz Club will have a breathtaking display of SLs at the UK's leading classic car show this year - and anyone joining the Club on its stand will have the normal A 5 joining fee waived. NEC Fri - Sun 14th - 16th November.

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  20. DGAP-PVR: Daimler AG: Release according to Article 26, Section 1 of...Read the original story

    Thursday Oct 16 | GlobeNewswire

    Daimler AG 16.10.2014 17:13 Dissemination of a Voting Rights Announcement, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement.

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