Archive for 'Daimler'

Maybach’s future in doubt, no decision on whether to offer next-generation model

It’s been quite a while since we’ve heard anything about the superluxury brand Maybach. Latest reports say that the brand’s future may be in doubt. Dieter Zetsche, CEO of Daimler AG, recently told Automotive News that the company has made no decision on whether to build a second-generation of the Maybach sedan.
The current Maybach model [...]

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Daimler starts offering Sharia-compliant Mercedes-Benz loans

Daimler Financial Services announced today that it will start offering auto financing in Middle Eastern countries that confirms with the strict regulations of Islamic law, better know as Sharia. The Sharia law does not allow financial institutions to charge interest on loans.
Daimler launched to new companies known as Mercedes-Benz Finance Middle East and Mercedes-Benz Leasing [...]

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Daimler picks France to produce Smart ForTwo electric-drive

Daimler announced today that it has selected its plant in Hambach, France to produce the Smart ForTwo electric-drive. Starting in 2012, the lithium-ion powered Smart ForTwo will start rolling off the assembly line in Hambach in a “large-scale production and will be offered to customers through the Smart sales network.”
Daimler said that it will invest [...]

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Mercedes sticks to Magna, gives supplier SLS AMG body order

Magna International has received an exclusive order from Daimler AG to build the new Mercedes-Benz SLS AMG, a sign of faith that the Canadian company’s fifth-largest customer will not pull business from it as it plans to take over Opel.
Magna said that its Magna Steyr unit based in Austria’s Graz, where the Mercedes-Benz G-Class is [...]

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Daimler considering building Mercedes-Benz C-Class in the U.S.

“The Stuttgarter Zeitung said some C-class production could be transferred to the carmaker’s plant in Vance, Alabama, from Sindelfingen, near Stuttgart, as part of a wider production shake-up planned by Daimler to reduce costs.”, reports Automotive News.
By moving a portion of their C-class production to the United States, Daimler AG could save approximately $95 million, [...]

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Chrysler to replace Sprinter with Fiat Ducato, Iveco in the U.S.

Earlier this morning we learned that Mercedes-Benz is yanking its Sprinter from Chrysler and its Dodge dealerships by Jan. 2010. Chrysler Group LLC has now confirmed that it is considering two Fiat SpA commercial vehicles for the North American market to replace the Sprinter.
The vehicles under consideration include the Fiat Ducato and Iveco Daily. Gualberto Ranieri, [...]

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Mercedes-Benz to take Sprinter away from Dodge by Jan. 1

Continuing their rough breakup from about two years ago, Chrysler and Daimler are still going back and forth at each other. Chrysler Financial and Chrysler Group LLC, both recently filed a lawsuit against the German automaker group. Daimler is now making its own move by taking away the Dodge Sprinter vans away from the Auburn [...]

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Chrysler suing Daimler over parts supplies for 2010, Challenger production on hold

After charging Daimler AG with fraud, creditors of the old Chrysler filed a 31 page lawsuit last week claiming Daimler diverted billions of dollars from Chrysler by separating their financial division before the sale of 80.1% of the company to Cerberus Capital Management, two years ago.
It is now reported that Chrysler Group LLC is also suing [...]

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Smart ForTwo electric-drive enters production in Nov. 2009

Daimler announced today that starting November 2009, the Smart ForTwo electric-drive will start rolling off the production line at the company’s factory in Hambach, France.
Power comes from a 40-hp electric-motor fitted at the rear with a peak torque of 89 lb-ft. 0 to 37 mph comes in 6.5 seconds with a top speed of 62 [...]

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Chrysler accuses Daimler of diverting billions

Creditors of the old Chrysler have charged Daimler AG with fraud, in a 31 page lawsuit filed Monday in Federal Bankruptcy Court in New York. The suit claims Daimler fraudulently diverted billions of dollars from Chrysler by separating their financial division, known as Chrysler Financial, from the parent company only days before the sale [...]

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