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Daimler AG


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Clarification of Daimler AG's Second Quarter 2008 Earnings Announcement Related to Its 19.9 Percent Interest in Chrysler Holding LLC

AUBURN HILLS, Mich., July 24 -- Today, Daimler AG reported on its 19.9 percent share of Chrysler Holding LLC's first quarter 2008 results under IFRS. Daimler AG's results for Chrysler Holding LLC include net losses of euro 65 million on a U.S. GAAP basis, of which a euro 55 million net loss is attributable to the automotive business of Chrysler LLC.

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Clarification of Daimler AG's Second Quarter 2008 Earnings Announcement Related to Its 19.9 Percent Interest in Chrysler Holding LLC

AUBURN HILLS, Mich., July 24 /PRNewswire/ -- Today, Daimler AG reported on its 19.9 percent share of Chrysler Holding LLC's first quarter 2008 results under IFRS. Daimler AG's results for Chrysler Holding LLC include net losses of euro 65 million on a U.S. GAAP basis, of which a euro 55 million net loss is attributable to the automotive business of Chrysler LLC. The difference between the loss of...

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2009 Acura TSX by the numbers

2009 Acura TSX. TYPE: Front-drive, five-passenger, mid-size sedan. PRICE: $28,960 base, $32,060 as tested. WHERE BUILT: Sayama, Japan. KEY RIVALS: Audi A4 2.0T, BMW 328i, Infiniti G37, Lexus IS 250, Mercedes-Benz C300. POWER: 2.4-liter, 16-valve, DOHC, 201 horsepower, 4-cylinder engine; five-speed auto transmission. read more

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Time to change your desktop: new SL65 AMG Black Series wallpaper

Filed under: Supercars , Mercedes-Benz Click above for a high resolution image Mercedes-Benz recently launched a dedicated website for the SL65 AMG Black Series, and it's loaded with goodies for anyone who can't get enough of the uber coupe. The site has detailed info on all of the Black Series' features, as well as some new studio photos that we haven't seen before. Best of all, they've provided...

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FIA begins random engine checks

The FIA has begun its annual routine random checks on all Formula One engines, with Mercedes-Benz the first manufacturer whose power unit will be examined

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MERCEDES-BENZ FURTHER ADVANCES HYDROGEN-OPERATED FUEL CELL TECHNOLOGY

STUTTGART – July 24, 2008: Daimler AG has converted the first vehicles of its existing fuel cell fleet from 350 to 700-bar technology. With this more highly compressed hydrogen, the operating range of these vehicles can now be extended by up to 70 percent.

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NewsWatch: U.S. stocks slide further on downbeat home-sales data, earnings

U.S. stocks move lower for the first time in three days after data paint a pessimistic portrait of the housing sector and automakers Ford Motor Co. and Daimler AG offer downbeat reports.

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Mercedes-Benz vans

Mercedes-Benz is one of the van industry’s leading manufacturers, commanding a healthy share of the market across its van range. An estimated 8,000 Vitos were registered in the UK during 2007, giving Mercedes a 10.7 per cent share of the UK’s medium-van market. Duncan Ward, head of commercial vehicle sales at auction company BCA, said: “The [...]

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Ford, Daimler, Hyundai profits fall; Renault up

Ford Motor Co. posted its worst quarterly loss ever Thursday in a roiling global auto market that also saw profits fall at Daimler AG, Hyundai Motor Co. and AutoNation Inc. Renault SA reported a profit increase in the first half of the year but still plans to cut jobs and scale back production.

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Market Snapshot: Market snapshot

U.S. stocks open lower Thursday amid downbeat reports from automakers Ford Motor Co. and Daimler AG and ahead of a report likely to paint a pessimistic portrait of the troubled housing market.

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Mercedes to cut production at Alabama plant

Following the common trend in today’s automotive industry, Mercedes-Benz has announced that it will be cutting production at its Alabama truck plant beginning this August. The Vance, Alabama plant produces the GL and ML-Class SUVs, as well as the R-Class crossover. The production slowdown will see the plant’s Thanksgiving and Christmas breaks extended and also [...]

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New Spy Photos Of The Mercedes-Benz SLK With Panoramic Glass Roof Emerge

New spy photos showcasing the Mercedes SLK equipped with a panoramic glass roof have emerged today, courtesy of the fine gentlemen of Auto Motor und Sport. In the photos, the darkened glass roof is clearly visible, as is a significant bulge over the rear wheel of the model that's hidden by light camouflage. Rumor has it the bulge is simply testing equipment as opposed to any actual exterior changes,...

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U.S. stocks open down before data on troubled housing market

NEW YORK (MarketWatch) - U.S. stocks started lower Thursday amid downbeat reports from automakers Ford Motor Co. and Daimler AG and ahead of a report likely to illustrate a further drop in existing home sales in June. The Dow Jones Industrial Average fell 46.98 points to 11,585.4. The S&P 500 fell 2.58 points to 1,279.61, while the Nasdaq Composite slid 6.27 points to 2,319.61. Market Pulse Stories...

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Court upholds $13 million damages in Dodge Caravan lawsuit

NASHVILLE, Tenn. -- The Tennessee Supreme Court has affirmed a trial court's decision to award a couple $13 million in punitive damages in a wrongful death lawsuit against DaimlerChrysler.