Ernst Lieb is heading to court, continuing to insist that he did not misuse Mercedes-Benz‘s funds improperly and that his dismissal back in October was unjustified. Lieb’s five-year run as Mercedes CEO was cut short when he was dismissed for allegedly misusing $100,000 in company funds to upgrade a Mercedes-owned home in New Jersey. Lieb’s...
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The long rumored Aston Martin-Daimler alliance appears to be taking shape, with a report in the Financial Times suggesting that the British sports car builder has approached Daimler with a request for assistance regarding engines, safety systems and other technology. Aston Martin seems to be seeking independence from former owner Ford, which helped out greatly...
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Remember Maybach? Of course not, we’re in a recession. But back in the day, when the grass was green and birds sang sweetly in the forests, Mercedes’ experiment with ultra-luxury was quietly shuttered after people decided that two-tone paint wasn’t compelling enough a reason to buy what looked like a melted S-Class owned by Simon...
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The slow-selling luxurious Maybach may be in trouble and we will find out by July 1. Mercedes parent company Daimler AG is trying to decide what to do with the Maybach company after slumping sale issues. Daimler will either axe the car or possibly partner with British car-maker Aston Martin for a second-generation car. According to CEO Dieter...
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The struggling Smart brand was set to get a potential savior this year with the introduction of a new four-door based on a Nissan platform. That, however, will not happen now, as part of a new agreement where Smart and Mercedes parent company Daimler has taken back distribution of its mini-car from the Penske Automotive...
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Although the Smart ForTwo hasn’t been warmly received by American buyers, there is hope for the quirky maker of diminutive city cars, as parent company Daimler is backing the brand with new products and utilizing their alliance with Renault-Nissan to give the lineup a boost. A Smart representative confirmed that a four seat model will arrive sometime in the...
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If you work for the Daimler corporation, you’re about to get a nice bonus from the company for doing absolutely nothing. As part of their 125th anniversary celebrations, all 260,000 employees of Mercedes-Benz‘s parent company will be getting a bonus to celebrate the milestone, with the total amount estimated at 100 million euros. The average...
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It’s no secret that the revival of the Maybach brand by Mercedes parent company Daimler has been a flop. Perhaps it’s because of how much the cars shared with their S-Class counterparts, but apart from the odd Russian oligarch, the world’s wealthiest folks have decided to stick with faithful British brands like Bentley and Rolls-Royce...
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The result is a zero emission commercial vehicle, one rated at 3.5 ton gross weight.
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Mercedes parent company Daimler AG is in talks with Toyota over using the Japanese automaker’s hybrid technology. If a deal is struck, it would see Toyota provide Daimler with electric motors, batteries and technology. Toyota has declined to comment on the report but has reiterated an earlier stance that it will consider requests from other...
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What can’t social media hook its wagon onto? Now, you can hitchhike using social media, thanks to the folks at Mercedes/Smart parent company Daimler. Ok, so it’s not hitchhiking in the literal sense – it’s carpooling (we just thought that hitchhiking sounded edgier) – and Daimler has put together a pilot carpooling project that mashes...
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In a shockingly forthright appraisal of the Chinese auto market, Daimler CEO Dieter Zetsche laid out the harsh reality for the Chinese auto market, stating that petroleum-powered vehicles are not sustainable due to the massive demand, and that electric vehicles are imperative. Speaking at an event in Beijing, Zetsche remarked “If you look at the...
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According to a report by French auto-pub L’Automobile, the recent partnership between Daimler and Nissan parent company Renault could result in a new entry-level crossover for the Infiniti luxury brand. So far both automakers have only said that a new architecture will be used to build the next-gen Renault Twingo, Mercedes A-Class and B-Class, as...
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The Infiniti G will in fact be powered by a 4-cylinder engine in the future says company CEO Carlos Ghosn, and that four-banger will come from Mercedes. Earlier this week when Mercedes parent company Daimler and Renault/Nissan announced a new partnership, the deal included the use of both 4-cylinder and V6 Mercedes powerplants in Infiniti...
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At a press conference earlier today a new partnership between Mercedes parent company Daimler and Renault/Nissan was announced that will see all three automakers working together to develop new products, while reducing overall costs. The partnership will see the German, French and Japanese automakers work together on future small car projects, engines and commercial vehicles....
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German automaker Daimler AG and French car manufacturer Renault have reportedly agreed on a new business strategy that will see both parties create a global small-car alliance, sharing development costs and technology. Details of the deal are set to be announced tomorrow in Brussels with Daimler CEO Dieter Zetsche and Renault-Nissan Boss Carlos Ghosn taking...
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Dr. Dieter Zetsche, CEO of Mercedes-Benz parent company Daimler has said that the company will announce a small car partner mid way through 2010. Daimler has been in talks with French automaker Renault, with rumors that the two may partner on a new line of small cars and electric city cars. This partnership could also...
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Daimler AG has announced that the second generation Smart fortwo electric drive will go into series production starting in 2012. The announcement was made during the visit of French President Nicolas Sarkozy to the facility where the electric Smart cars will be built in Hambach, France. A small number of vehicles will begin production in...
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Chrysler only has one product set to launch in all of 2010 and now one of its 2011 vehicles is in jeopardy. The all-new 2011 Jeep Grand Cherokee may be delayed due to a parts dispute with the company’s former owners at Daimler. Daimler was supposed to supply axles for the new Jeep SUV, but...
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With both Honda and BMW already announcing that they will not return to Formula 1 next year, now Mercedes’s involvement in the series has come into doubt. Helmut Lense, a member of the board for Mercedes’s parent company Daimler recently told a German newspaper that the company’s involvement in the world’s top level of motorsports...
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Daimler has just announced that it has reached an agreement with Tesla Motors Inc., that will see the German automaker gain a 10 percent stake in the California-based electric car maker. Along with an undisclosed amount of money the agreement will help forge a partnership between the two companies as they work to bring electric...
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