news

Maybach seemed like a good idea. Rolls-Royce commanded the super luxury space for decades with basically no competition. Maybach created extremely luxurious cars based on the Mercedes S-Class chassis. The brand was meant to compete with BMW-owned ...

Car sharing plans still seem like a concept that works better in theory than in practice. In cities without good public transport, the plans are be too expensive to be worth it. In cities with good public transport, the only reason a car might be ...

The companies have already worked on two models together

Daimler and Tesla have been working together for the last several years, and Daimler says that it would like to continue to cooperation on future electric models. "I told my guys, go back to Tesla and look for other opportunities. We want...

It will also supply electrical equipment

Aston Martin has signed a deal where it will give a 5% stake to Daimler in return for Daimler supplying engines, electric components and electronic parts to Aston Martin. All of the parts will be sourced from AMG. The deal says that AMG and As...

Daimler will be investing 600 million euros on the augmentation of Mercedes-Benz’s Rastatt manufacturing unit in Germany, which is the carmaker’s core for its compact vehicle production. An additional 800 million euros bill is what will b...

Daimler AG's total revenue was up 3% to €28.6 billion in the third quarter, but that all of the good news for the company. Pre-tax earnings were €1.921 billion for the third quarter of 2012, compared to €1.968 billion in th...

Daimler Group has posted a before tax income of €2.243 billion compared to €2.581 billion in the second quarter of 2011. Net profit for the period was €1.515 billion compared to €1,704 million in 2011. “Despite t...

Daimler AG has announced that in the first quarter of 2010 it has registered an EBIT of 1,190 million euros. Dr. Dieter Zetsche, Chairman of the Board of Management of Daimler AG and Head of Mercedes-Benz Cars was satisfied with the results of the fi...

It plans to have 400 fueling stations in Germany by 2023

Hydrogen represents a future for green motoring around the world. The major problem with it is that there is practically no infrastructure to support refueling of hydrogen fuel cell vehicles. The companies involved are investing €350 million ...

London is the 17th city in the world to be added to the service

London is the 17th city that Daimler's Car2go car sharing service has launched in. London's service offers Smart Fortwo mhds for 35 pence per minute. It allows drivers to use the cars anywhere in the London boroughs of Islington, Sutton or...