Autoblog http://www.autoblog.com Autoblog http://www.blogsmithmedia.com/www.autoblog.com/media/feedlogo.gif Autoblog http://www.autoblog.com en-us Copyright 2013 Weblogs, Inc. The contents of this feed are available for non-commercial use only. Blogsmith http://www.blogsmith.com/<![CDATA[Following BMW, Daimler announces carbon fiber future ahead for Mercedes]]>http://www.autoblog.com/2010/04/29/following-bmw-daimler-announces-carbon-fiber-future-ahead-for-m/http://www.autoblog.com/2010/04/29/following-bmw-daimler-announces-carbon-fiber-future-ahead-for-m/http://www.autoblog.com/2010/04/29/following-bmw-daimler-announces-carbon-fiber-future-ahead-for-m/#commentsFiled under: , , ,

2011 Mercedes-Benz SLS AMG - Click above for high-res image gallery

It seem like just a few days ago BMW came forth stating that its use of carbon fiber on upcoming vehicles would become a high-volume deal. Now Green Car Advisor reports that Daimler, never willing to be a step behind, has also announced plans to increase its investment in the material. Daimler has enlisted the help of Toray Industries, a Japanese textile company, to help make carbon fiber body parts for Mercedes-Benz vehicles beginning in 2012. The parts will reduce vehicle weight and help the company meet upcoming CAFE regulations. The first Mercedes product to be adorned with carbon fiber will be the SL-Class.

Daimler choose Toray Industries due to its expertise in carbon fiber. Though not a common name to many, Toray is actually the dominant force in the industry, controlling 34 percent of the global market. This will be Toray's first venture into making car parts out of carbon fiber. The company's current automotive-related experiences with the material has been limited to supplying carbon fiber yarns to Ferrari and various aftermarket companies. Daimler and Toray will work together on development of the carbon fiber reinforced plastic body parts and production will be carried out at a Toray facility in France.

Gallery: First Drive: 2010 Mercedes-Benz SLS AMG

Photos copyright (C)2009 Chris Paukert / Weblogs, Inc.
[Source: Green Car Advisor]

Following BMW, Daimler announces carbon fiber future ahead for Mercedes originally appeared on Autoblog on Thu, 29 Apr 2010 16:28:00 EST. Please see our terms for use of feeds.

Read | Permalink | Email this | Comments]]>benzcarboncarbon fibercarbon fiber carscarbon fiber reinforced plasticscarbon fibrecarbon-fiberCarbonFiberCarbonFiberCarsCarbonFiberReinforcedPlasticsCarbonFibredailmlerdaimler agdaimler carbondaimler carbon fiberDaimlerAgDaimlerCarbonDaimlerCarbonFiberLightweightlightweight carLightweightCarLightWeightCarsmercedesmercedes carbon fibermercedes-benzmercedes-benz carbon fiberMercedes-benzCarbonFiberMercedesCarbonFiberThu, 29 Apr 2010 16:28:00 EST http://www.autoblog.com/feed/19458159/article-comments.xml http://www.autoblog.com/feed/2010/04/29/following-bmw-daimler-announces-carbon-fiber-future-ahead-for-m/19458159/article-detail.xml 19458159 http://www.blogcdn.com/www.autoblog.com/media/2009/11/01_mbsls63amgfd_opt_thumbnail.jpg http://www.blogcdn.com/www.autoblog.com/media/2009/11/01_mbsls63amgfd_opt.jpg <![CDATA[Report: Infiniti G to get four-cylinder Mercedes engine]]>http://www.autoblog.com/2010/04/08/report-infiniti-g-to-get-four-cylinder-mercedes-engine/http://www.autoblog.com/2010/04/08/report-infiniti-g-to-get-four-cylinder-mercedes-engine/http://www.autoblog.com/2010/04/08/report-infiniti-g-to-get-four-cylinder-mercedes-engine/#commentsFiled under: , , , , ,

2009 Infiniti G37x S Sedan - Click above for high-res image gallery

We've all been wondering exactly what flavor of fruit the Daimler AG/Renault-Nissan mash-up would bear, and now it looks like we may have our first answer. Starting soon, the Infiniti G will boast an efficient four-cylinder engine borrowed straight from Mercedes-Benz. AutoWeek reports that Nissan head-honcho Carlos Ghosn confirmed the news himself, though so far we have no indication of exactly which four-pot will make its way into the Japanese sedan or when it will be available to buyers.

The suits at both Infiniti and Mercedes-Benz don't seem to be too concerned about the new four-cylinder G robbing sales from the Silver Arrow. Ghosn said that customers typically don't cross-shop the two brands at all. Instead, Infiniti will benefit from having a new efficient option for buyers that will help the company meet impending fuel standards, and Mercedes-Benz will move more powerplants than before. Win, win.


Gallery: Review: 2009 Infiniti G37x S Sedan


[Source: Auto Week]

Report: Infiniti G to get four-cylinder Mercedes engine originally appeared on Autoblog on Thu, 08 Apr 2010 17:21:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>Carlos GhosnCarlosGhosnDaimler AgDaimlerAgfour-cylinderGG37InfinitiInfiniti GInfiniti G37InfinitiGInfinitiG37Mercedes-BenzMercedes-Benz four-cylinderMercedes-benzFour-cylinderRenault-NissanThu, 08 Apr 2010 17:21:00 EST http://www.autoblog.com/feed/19431740/article-comments.xml http://www.autoblog.com/feed/2010/04/08/report-infiniti-g-to-get-four-cylinder-mercedes-engine/19431740/article-detail.xml 19431740 http://www.blogcdn.com/www.autoblog.com/media/2010/04/g37-630_thumbnail.jpg http://www.blogcdn.com/www.autoblog.com/media/2010/04/g37-630.jpg <![CDATA[Report: Feds charge Daimler with paying millions of dollars in bribes]]>http://www.autoblog.com/2010/03/23/report-feds-charge-daimler-with-paying-millions-of-dollars-in-b/http://www.autoblog.com/2010/03/23/report-feds-charge-daimler-with-paying-millions-of-dollars-in-b/http://www.autoblog.com/2010/03/23/report-feds-charge-daimler-with-paying-millions-of-dollars-in-b/#commentsFiled under: ,



Over the past five years, the U.S. Department of Justice along with the Securities and Exchange Commission have been investigating allegations that German automaker Daimler and three of its subsidiaries paid tens of millions of dollars in bribes through offshore bank accounts to secure contracts for its vehicles.

According to court documentation released today, the bribes took place between 1998 and 2008 in at least 22 countries that included China, Russia, Egypt and Greece. In one such case, it is alleged that Daimler made payments to officials in Iraq under the Oil for Food program.

According to The Associated Press, Daimler has agreed to pay $93.6 million to the Justice Department and $91.4 million to resolve the SEC's civil lawsuit. Further, Daimler units in Germany and Russia have reportedly agreed to plead guilty to conspiring and violating antibribery provisions of the U.S. Foreign Corrupt Practices Act. A hearing has reportedly been scheduled for April 1st, so consider this story "developing..."

[Source: The Associated Press via Google | Image: Sascha Schuermann/AFP/Getty Images]

Report: Feds charge Daimler with paying millions of dollars in bribes originally appeared on Autoblog on Tue, 23 Mar 2010 18:32:00 EST. Please see our terms for use of feeds.

Read | Permalink | Email this | Comments]]>DaimlerDaimler AGdaimler bribedaimler bribesdaimler finesdaimler lawsuitDaimlerAgDaimlerBribeDaimlerBribesDaimlerFinesDaimlerLawsuitdepartment of justiceDepartmentOfJusticesecSecurities and Exchange CommissionSecuritiesAndExchangeCommissionTue, 23 Mar 2010 18:32:00 EST http://www.autoblog.com/feed/19411616/article-comments.xml http://www.autoblog.com/feed/2010/03/23/report-feds-charge-daimler-with-paying-millions-of-dollars-in-b/19411616/article-detail.xml 19411616 http://www.blogcdn.com/www.autoblog.com/media/2010/03/dvtogetty34740060-630op_thumbnail.jpg http://www.blogcdn.com/www.autoblog.com/media/2010/03/dvtogetty34740060-630op.jpg <![CDATA[The Return of Wolfgang: Bernhard reportedly brought back to Mercedes-Benz]]>http://www.autoblog.com/2010/02/05/the-return-of-wolfgang-bernhard-brought-back-to-mercedes-benz/http://www.autoblog.com/2010/02/05/the-return-of-wolfgang-bernhard-brought-back-to-mercedes-benz/http://www.autoblog.com/2010/02/05/the-return-of-wolfgang-bernhard-brought-back-to-mercedes-benz/#commentsFiled under: , ,



The prodigal son returns. As with the Biblical parable, a well-loved son (ably played in real life by Wolfgang Bernhard) leaves the comfort of home (Bernhard previously served as Daimler CEO Dieter Zetsche's second in command) and embarks on a journey away from his family.

Unlike our age-old story, though, Bernhard didn't exactly fall on hard times away from the loving care of this father. In fact, Bernhard served as chairman at Volkswagen between 2005 and 2007 before returning to Daimler in February of 2009 to lead its van business. Not the hero's welcome our Biblical character got when he finally ventured back home - at least not right away.

According to an Automotive News report, Bernhard will now serve as the executive board member responsible for production and procurement for Mercedes-Benz, though the company is reportedly still figuring out what exact role and title Bernhard will command. Rainer Schmueckle, the man who currently holds the spot Bernhard will be inheriting, is in "negotiations" with the automaker.

[Source: Automotive News - Sub. Req'd]

The Return of Wolfgang: Bernhard reportedly brought back to Mercedes-Benz originally appeared on Autoblog on Fri, 05 Feb 2010 16:27:00 EST. Please see our terms for use of feeds.

Read | Permalink | Email this | Comments]]>DaimlerDaimler AGDaimlerAgmercedesMercedes Benzmercedes-benzMercedesBenzWolfgang BernhardWolfgangBernhardFri, 05 Feb 2010 16:27:00 EST http://www.autoblog.com/feed/19347010/article-comments.xml http://www.autoblog.com/feed/2010/02/05/the-return-of-wolfgang-bernhard-brought-back-to-mercedes-benz/19347010/article-detail.xml 19347010 http://www.blogcdn.com/www.autoblog.com/media/2010/02/wolfgang-bernhard-tomahawk_thumbnail.jpg http://www.blogcdn.com/www.autoblog.com/media/2010/02/wolfgang-bernhard-tomahawk.jpg <![CDATA[REPORT: Daimler and BMW decline U.S. transmission joint-venture]]>http://www.autoblog.com/2009/10/14/report-daimler-and-bmw-decline-u-s-transmission-joint-venture/http://www.autoblog.com/2009/10/14/report-daimler-and-bmw-decline-u-s-transmission-joint-venture/http://www.autoblog.com/2009/10/14/report-daimler-and-bmw-decline-u-s-transmission-joint-venture/#commentsFiled under: , ,



Daimler AG is one of a shrinking number of automakers that continues to build its own transmissions, but the parent of Mercedes-Benz is now looking to change that. The automaker has been holding talks with rival BMW about possible powertrain collaborations including transmissions. Mercedes already supplies the two-mode hybrid transmissions that BMW is installing in its forthcoming ActiveHybrid X6. However, a proposal to build a joint factory to produce automatic transmissions in the U.S. for the vehicles being built by both companies here has reportedly been scuttled.

Automotive News also reports that a second proposal to shift Daimler's European transmission operations to a new joint venture with BMW and ZF has also been abandoned. The two automakers had been discussing a jointly developed eight-speed automatic transmission but could not agree on technical details.

Mercedes is still looking for ways to offload its transmission operations, saying that it is not core to its business. This will be increasingly true if more of its vehicles switch to electrified powertrains where single speed reduction gears are all that is required. The two companies are still discussing collaborations on engines, however, including a new three-cylinder unit.

[Source: Automotive News - sub. req'd]

REPORT: Daimler and BMW decline U.S. transmission joint-venture originally appeared on Autoblog on Wed, 14 Oct 2009 07:59:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>DaimlerDaimler AGDaimler-AGDaimlerAgjoint ventureJointVenturemercedesMercedes Benzmercedes-benzmercedes-bmw-transmission collaborationMercedes-bmw-transmissionCollaborationMercedesBenzoutsourceoutsourcingWed, 14 Oct 2009 07:59:00 EST http://www.autoblog.com/feed/19192889/article-comments.xml http://www.autoblog.com/feed/2009/10/14/report-daimler-and-bmw-decline-u-s-transmission-joint-venture/19192889/article-detail.xml 19192889 http://www.blogcdn.com/www.autoblog.com/media/2009/10/713833_1291812_4500_2500_08c942_01_thumbnail.jpg http://www.blogcdn.com/www.autoblog.com/media/2009/10/713833_1291812_4500_2500_08c942_01.jpg <![CDATA[REPORT: If Chrysler goes down, it could cost Daimler $1 billion]]>http://www.autoblog.com/2009/04/10/report-if-chrysler-goes-down-it-could-cost-daimler-1-billion/http://www.autoblog.com/2009/04/10/report-if-chrysler-goes-down-it-could-cost-daimler-1-billion/http://www.autoblog.com/2009/04/10/report-if-chrysler-goes-down-it-could-cost-daimler-1-billion/#commentsFiled under: , ,



Nerves are frazzled in Stuttgart over the troubles facing Chrysler. Let's not forget that Daimler still has a skin in the Chrysler game, and while everyone natters and frets about whether or not Fiat will prove to be the Savior Of Auburn Hills, execs are also thinking about the worst-case scenario in the halls of Daimler.

According to the Detroit Bureau, Bodo Uebber, Daimler's Chrysler guy, reported recently that concerned shareholders are rightfully nervous, as Daimler could be stuck with a $1 billion liability if Chrysler ist kaput. Unfunded pensions and potential claims from suppliers could result in very bad things for Daimler. Cerberus and the German automaker are also duking it out over whether Chrysler's health was honestly disclosed at the time of the deal, tying up any developments with the remaining 19.9 percent of Chrysler that Daimler still owns. Both Uebber and Dieter Zetsche, Daimler's CEO, are actively trying to unload the company's stake in Chrysler to Cerberus, but predictably, that conversation isn't going anywhere at the moment.

[Source: The Detroit Bureau | Image: Bill Pugliano/Getty]

REPORT: If Chrysler goes down, it could cost Daimler $1 billion originally appeared on Autoblog on Fri, 10 Apr 2009 11:29:00 EST. Please see our terms for use of feeds.

Read | Permalink | Email this | Comments]]>cerberuscerberus chryslerCerberusChryslerchrysler daimlerchrysler llcChryslerDaimlerChryslerLlcdaimlerdaimler agdaimler cerberusdaimler chryslerdaimler-chryslerDaimlerAgDaimlerCerberusdaimlerchryslerFri, 10 Apr 2009 11:29:00 EST http://www.autoblog.com/feed/1512999/article-comments.xml http://www.autoblog.com/feed/2009/04/10/report-if-chrysler-goes-down-it-could-cost-daimler-1-billion/1512999/article-detail.xml 1512999 http://www.blogcdn.com/www.autoblog.com/media/2009/04/zetsche-lasorda-concern-getty-pugliano_thumbnail.jpg http://www.blogcdn.com/www.autoblog.com/media/2009/04/zetsche-lasorda-concern-getty-pugliano.jpg <![CDATA[What's German for "kickback"? Daimler workers broke Mercedes' for profit]]>http://www.autoblog.com/2008/11/17/whats-german-for-kickback-daimler-workers-broke-mercedes-fo/http://www.autoblog.com/2008/11/17/whats-german-for-kickback-daimler-workers-broke-mercedes-fo/http://www.autoblog.com/2008/11/17/whats-german-for-kickback-daimler-workers-broke-mercedes-fo/#commentsFiled under: , ,



A master mechanic and two clerks, among others, are being investigated for intentionally sabotaging Mercedes cars being built at the Sindelfingen factory. Allegedly, repair shops in the area that weren't part of the Daimler corporation were bribing workers with gifts, trips, and cash to alter the cars so that the repair shops could get the contracts to fix them.

The sabotage included scratching the cars, loosening clamps and bolts, as well as -- incredibly -- putting foreign liquids into brake lines. According to Suddeutsche Zeitung, the cars affected were C-, E-, and S-Class. The Stuttgart prosecutor's office estimates the costs to Mercedes in the many of millions, but the greatest irony is this: the workers under investigation were part of the quality control department.

[Source: Suddeutsche Zeitung via Benz Insider]

What's German for "kickback"? Daimler workers broke Mercedes' for profit originally appeared on Autoblog on Mon, 17 Nov 2008 16:28:00 EST. Please see our terms for use of feeds.

Read | Permalink | Email this | Comments]]>daimlerdaimler agDaimlerAgmanufacturingmercedesmercedes-benzplantsquality controlQualityControlsabotagesindelfingensindelfingen factorySindelfingenFactorystuttgartMon, 17 Nov 2008 16:28:00 EST http://www.autoblog.com/feed/1374735/article-comments.xml http://www.autoblog.com/feed/2008/11/17/whats-german-for-kickback-daimler-workers-broke-mercedes-fo/1374735/article-detail.xml 1374735 http://www.blogcdn.com/www.autoblog.com/media/2008/11/sidelf_merc_sabo_thumbnail.jpg http://www.blogcdn.com/www.autoblog.com/media/2008/11/sidelf_merc_sabo.jpg <![CDATA[What's Chrysler worth to Daimler? Zip, Zero, Nada, Donut]]>http://www.autoblog.com/2008/10/24/whats-daimlers-stake-in-chrylser-worth-zip-nada-donut/http://www.autoblog.com/2008/10/24/whats-daimlers-stake-in-chrylser-worth-zip-nada-donut/http://www.autoblog.com/2008/10/24/whats-daimlers-stake-in-chrylser-worth-zip-nada-donut/#commentsFiled under: , ,

So, just what is a 19.9% stake in America's third largest automaker worth? Um, nothing. So says Daimler, which owns exactly that amount. The German company claims that, for accounting purposes at least, there is absolutely no value in its part-ownership of Chrysler. Just about a year ago, Daimler estimated that its share of Chrysler was worth some $1.17 billion. The remaining 80.1% was sold to Cerberus Capital Management last August for $7.4 billion.

According to Chrysler, Daimler's idea of its stake in the company is a totally different animal than its own. The two companies use different accounting techniques to arrive at earnings figures and net worth, and the privately-held American automaker doesn't release its internal figures. As we've covered, Daimler is currently in talks with Cerberus to rid itself of any attachment to its former partner by selling its remaining shares of Chrysler to the American company, which it would need if it were to make any sort of deal with General Motors, Renault or any other automaker for that matter. So, just how much is Chrysler worth as a whole? We could soon find out.

[Source: The Detroit News]

What's Chrysler worth to Daimler? Zip, Zero, Nada, Donut originally appeared on Autoblog on Fri, 24 Oct 2008 16:59:00 EST. Please see our terms for use of feeds.

Read | Permalink | Email this | Comments]]>cerberuscerberus capital managementCerberusCapitalManagementchrysler llcchrysler valuechrysler worthChryslerLlcChryslerValueChryslerWorthdaimlerdaimler agdaimler chryslerDaimlerAgDaimlerChryslerFri, 24 Oct 2008 16:59:00 EST http://www.autoblog.com/feed/1352098/article-comments.xml http://www.autoblog.com/feed/2008/10/24/whats-daimlers-stake-in-chrylser-worth-zip-nada-donut/1352098/article-detail.xml 1352098 http://www.blogcdn.com/www.autoblog.com/media/2008/10/drz_bubble_thumbnail.jpg http://www.blogcdn.com/www.autoblog.com/media/2008/10/drz_bubble.jpg <![CDATA[Hyundai exec talks engine sharing with Mercedes-Benz]]>http://www.autoblog.com/2008/05/09/hyundai-exec-talks-engine-sharing-with-mercedes-benz/http://www.autoblog.com/2008/05/09/hyundai-exec-talks-engine-sharing-with-mercedes-benz/http://www.autoblog.com/2008/05/09/hyundai-exec-talks-engine-sharing-with-mercedes-benz/#commentsHyundai, now a world-class engine manufacturer, may lend engine technology to Mercedes-Benz for a future four-cylinder powerplant. It was just a few short years ago that DaimlerChrysler, Mitsubishi, and Hyundai banded together in the Global Engine Manufacturing Alliance (GEMA) to build the so-called World Engine (pictured at right). The GEMA engine, with displacements ranging from 1.8-liters up to 2.4-liters, is found under the hood of more than a handful of Chrysler, Dodge, Jeep, Mitsubishi, and Hyundai products.

While word isn't official, Dr. Hyun-Soon Lee, President of the R&D and Corporate Product Planning and Strategy Divisions of Hyundai-Kia Motors, told Automobile Magazine that he had been approached by Dr. Dieter Zetsche, Chairman of Daimler AG, at the Beijing Auto Show about partnering on a four-cylinder powerplant. Dr. Lee didn't disclose the rest of the conversation, but he did add, "I am not sure we want to share our technology." With the hot Genesis Coupe and luxurious Genesis Sedan ready to roll, and distinguished Mercedes-Benz knocking on the front door, it appears Hyundai's hard work is paying off.

[Source: Automobile Magazine]

Hyundai exec talks engine sharing with Mercedes-Benz originally appeared on Autoblog on Fri, 09 May 2008 15:33:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>Daimler AGDaimlerAgDaimlerChryslerdr. dieter zetscheDr. Hyun-Soon LeeDr.DieterZetscheDr.Hyun-soonLeeengineGEMAGlobal Engine Manufacturing AllianceGlobalEngineManufacturingAlliancehyundaihyundai genesis coupehyundaigenesisHyundaiGenesisCoupeMercedes-BenzFri, 09 May 2008 15:33:00 EST http://www.autoblog.com/feed/1190491/article-comments.xml http://www.autoblog.com/feed/2008/05/09/hyundai-exec-talks-engine-sharing-with-mercedes-benz/1190491/article-detail.xml 1190491 http://www.blogcdn.com/www.autoblog.com/media/2008/05/world_engine_250_thumbnail.jpg http://www.blogcdn.com/www.autoblog.com/media/2008/05/world_engine_250.jpg <![CDATA[Daimler gets serious about R&D, will increase spending to $21 billion by 2010]]>http://www.autoblog.com/2008/04/18/daimler-gets-serious-about-randd-will-increase-spending-to-21-bi/http://www.autoblog.com/2008/04/18/daimler-gets-serious-about-randd-will-increase-spending-to-21-bi/http://www.autoblog.com/2008/04/18/daimler-gets-serious-about-randd-will-increase-spending-to-21-bi/#commentsFiled under: , , ,


Click on the image to view high-res shots of the Mercedes F700 concept

Massive amounts of money are being spent in the alternative energy sector of the automotive industry. Last year, Daimler spent $6 billion in research and development and another $2.7 billion on environmental protection. Expect those already rather large sums to increase in the coming years. Daimler CEO Dieter Zetsche says that the company will "increase these budgets even more and by 2010 we'll invest $21 billion in research and development." Daimler has invested heavily in hydrogen technology and holds twenty-five patents protecting new battery technology for automobile use. Further development will continue to cost a large chunk of change.

Of particular interest is the fact that Daimler intends "to offer at least one model in each of the Mercedes-Benz core model series that is a leader in fuel consumption," according to Zetsche. Despite looming legislation that will require more fuel efficient vehicles, Mercedes-Benz plans on continuing to offer vehicles that will meet the size, performance and luxury demands prospective buyers have come to expect from the premium German marque. Otherwise, it won't be $21 billion well spent.

Gallery: Frankfurt 2007: Mercedes-Benz F700 Concept


[Source: The Car Connection]

Daimler gets serious about R&D, will increase spending to $21 billion by 2010 originally appeared on Autoblog on Fri, 18 Apr 2008 09:30:00 EST. Please see our terms for use of feeds.

Read | Permalink | Email this | Comments]]>batteriesbatterydaimlerdaimler agDaimlerAgdieter zetschedieter-zetscheDieterZetschef700hydrogenhydrogen fuel cellHydrogenFuelCellmercedesmercedes benzmercedes f700mercedes fuel cellmercedes-benzMercedesBenzMercedesF700MercedesFuelCellFri, 18 Apr 2008 09:30:00 EST http://www.autoblog.com/feed/1170006/article-comments.xml http://www.autoblog.com/feed/2008/04/18/daimler-gets-serious-about-randd-will-increase-spending-to-21-bi/1170006/article-detail.xml 1170006 http://www.blogcdn.com/www.autoblog.com/media/2008/04/07c2030_018_opt_thumbnail.jpg http://www.blogcdn.com/www.autoblog.com/media/2008/04/07c2030_018_opt.jpg <![CDATA[Daimler to invest $420m in Indian venture]]>http://www.autoblog.com/2007/12/27/daimler-to-invest-420m-in-indian-venture/http://www.autoblog.com/2007/12/27/daimler-to-invest-420m-in-indian-venture/http://www.autoblog.com/2007/12/27/daimler-to-invest-420m-in-indian-venture/#commentsFiled under: , , ,

Daimler is joining throngs of other automakers, including Navistar, Nissan and Volvo, to establish India as one of the largest builders of commercial trucks in the world. Its newest venture involves a partnership between Daimler AG and India's Hero Group (great name!), with Daimler investing some $420 million for a 60-percent stake in the India-based manufacturer. The venture will involve the creation of light-, medium- and heavy-duty trucks in one of the world's burgeoning production centers that's still got a lot left to build, and although company officials at both corps remained mum on details, expect things to be firmed up in the first quarter of 2008.

[Source: Economic Times via Automotive News - Sub. Req.]

Daimler to invest $420m in Indian venture originally appeared on Autoblog on Thu, 27 Dec 2007 15:03:00 EST. Please see our terms for use of feeds.

Read | Permalink | Email this | Comments]]>daimlerdaimler agdaimler hero groupDaimlerAgDaimlerHeroGrouphero groupHeroGroupindiaThu, 27 Dec 2007 15:03:00 EST http://www.autoblog.com/feed/1071895/article-comments.xml http://www.autoblog.com/feed/2007/12/27/daimler-to-invest-420m-in-indian-venture/1071895/article-detail.xml 1071895 http://www.blogcdn.com/www.autoblog.com/media/2007/12/daimler_250_op_thumbnail.jpg http://www.blogcdn.com/www.autoblog.com/media/2007/12/daimler_250_op.jpg <![CDATA[Daimler versus Benz comes to a (mast)head]]>http://www.autoblog.com/2007/10/04/daimler-versus-benz-comes-to-head/http://www.autoblog.com/2007/10/04/daimler-versus-benz-comes-to-head/http://www.autoblog.com/2007/10/04/daimler-versus-benz-comes-to-head/#commentsFiled under: , , ,

Before the DaimlerChrysler union ended, shareholders and executives were fighting over the rightful name of the Stuttgart-based company. Management and the supervisory board want Daimler AG, but the "Benz faction" feels one of the company founder's names have been slighted in the process. Thankfully, all the bickering should come to an end today, as the Daimler AG name comes to a shareholder vote. If the measure passes, the German automaker will spend millions to update signage all over the world, and very few people will ever notice. It's not like Carl Friedrich Benz was slighted in any way; his name gets to be on the cars, and the only way we'll see the Daimler name is on a Jaguar.

[Source: Automotive News - Sub. Req.]

Daimler versus Benz comes to a (mast)head originally appeared on Autoblog on Thu, 04 Oct 2007 08:37:00 EST. Please see our terms for use of feeds.

Read | Permalink | Email this | Comments]]>Daimler AGDaimler BenzDaimler name changeDaimlerAgDaimlerBenzDaimlerNameChangeMercedesStuttgart GermanyStuttgartGermanyThu, 04 Oct 2007 08:37:00 EST http://www.autoblog.com/feed/1004444/article-comments.xml http://www.autoblog.com/feed/2007/10/04/daimler-versus-benz-comes-to-head/1004444/article-detail.xml 1004444 http://www.blogcdn.com/www.autoblog.com/media/2007/10/daimlerchrysler-sign_thumbnail.jpg http://www.blogcdn.com/www.autoblog.com/media/2007/10/daimlerchrysler-sign.jpg <![CDATA[Chrysler blocks the doors to prevent white collar exodus]]>http://www.autoblog.com/2007/08/08/chrysler-blocks-the-doors-to-prevent-white-collar-exodus/http://www.autoblog.com/2007/08/08/chrysler-blocks-the-doors-to-prevent-white-collar-exodus/http://www.autoblog.com/2007/08/08/chrysler-blocks-the-doors-to-prevent-white-collar-exodus/#commentsFiled under: , ,

Chrysler is apparently a little worried that there might be a mass exodus of executives during the transition from DaimlerChrysler "partnership of equals" to Cerberus stewardship. Because of that, they have taken the bold step of advising current employees against applying for jobs at Daimler AG or Chrysler Financial.

The Detroit News obtained an internal email written to Chrysler's senior white-collar staff by Rita C. Rinner, Chrysler's manager of global staff. In the letter she advises that "Requests to interview for positions at Chrysler Financial and other Daimler units, including Mercedes-Benz USA, 'are currently not advised'."

The e-mail went out to senior Chrysler employees, but applies to all white-collar workers and their staffs. It also went out the same day Bob Nardelli was named as the new CEO of Chrysler. Did they really think the execs would be that afraid of what Nardelli had in store? Perhaps. He does have that kind of ruthlessly efficient reputation.

[Source: The Detroit News]

Chrysler blocks the doors to prevent white collar exodus originally appeared on Autoblog on Wed, 08 Aug 2007 19:28:00 EST. Please see our terms for use of feeds.

Read | Permalink | Email this | Comments]]>Bob NardelliBobNardelliCerberusChrysler FinancialChryslerFinancialDaimler AGDaimlerAgRita C. RinnerRitaC.RinnerWed, 08 Aug 2007 19:28:00 EST http://www.autoblog.com/feed/960557/article-comments.xml http://www.autoblog.com/feed/2007/08/08/chrysler-blocks-the-doors-to-prevent-white-collar-exodus/960557/article-detail.xml 960557 http://www.blogcdn.com/www.autoblog.com/media/2007/08/newchryslerlogo_thumbnail.jpg http://www.blogcdn.com/www.autoblog.com/media/2007/08/newchryslerlogo.jpg -1 2