Swatch Group Ltd., the Swiss company best known for its watches, is testing a hydrogen fuel-cell powered car in Switzerland and hopes to bring it to market within the next three to four years, a spokeswoman for the company said Wednesday.
Mercedes-Benz will debut its thoroughly refreshed and restyled 2013 GLK SUV at the New York International Auto Show 2012 on April 4th, the company announced Thursday.
Mercedes-Benz USA will stop selling its R-Class wagon, made is Tuscaloosa, Ala., in the United States and will instead focus sales of the vehicle on the Canadian, Mexican and Chinese markets, Auto Blog reported Monday.
U.S. automaker Chrysler Group LLC swung to a full-year net income of $183 million on Wednesday, and made the bold prediction that profit would be eight times higher in 2012, on strong sales in its main U.S. market.
The Nissan Motor Co. and Daimler AG said on Sunday they would produce Mercedes-Benz gasoline engines at Nissan's Tennessee factory for fitting on Mercedes and Infiniti models, beginning in 2014.
Nissan Motor Co and Daimler AG said on Sunday they would produce Mercedes-Benz gasoline engines at Nissan's Tennessee factory from 2014 to be fitted on Mercedes and Infiniti models.
BMW grabbed the top spot in the U.S. luxury auto market in 2011, edging out Daimler AG's Mercedes-Benz brand, as both German automakers took advantage of inventory problems for Toyota Motor Corp's Lexus lineup.
BMW AG has sealed its position as the most successful luxury brand in the U.S. in 2011 by outselling Daimler AG's Mercedes-Benz last month.
BMW grabbed the top spot in the U.S. luxury auto market in 2011, edging out Daimler AG's Mercedes-Benz brand, as both German automakers took advantage of inventory problems for Toyota Motor Corp's <7203.T> Lexus lineup, according to company figures issued on Thursday.
Toyota Motor Corp and BMW AG agreed on Thursday to join hands on a broad range of environmental technologies, forging a partnership between two engineering stalwarts in the increasingly competitive auto industry.
Toyota Motor Corp. (7203.T) and BMW AG (BMWG.DE) said on Thursday that they would work together on a broad range of advanced environment-friendly car technologies, including the joint development of lithium-ion batteries for electric vehicles.
German car corporation Daimler AG has decided to stop the production of its ultra-luxury Maybach brand due to the introduction of a revamped version of the flagship Mercedes-Benz S-Class by 2013.
German car and truck maker Daimler missed quarterly revenue forecasts and warned strong demand for cars in the key emerging markets of China and India is likely to slow sharply.
German car and truck maker Daimler's second quarter revenues fell short of expectations, indicating that demand for cars in emerging markets may be starting to cool.
Mercedes-Benz dealerships were tops for the third straight year in an independent study issued on Monday of U.S. auto dealers that uses secret shoppers to determine how customers are treated.
Germany's Daimler warned of increasing economic risks in emerging markets such as China that could cause the auto industry's growth engine to sputter.
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Daimler AG was ordered on Wednesday to face a U.S. lawsuit alleging it participated in the kidnapping, torture and death of Mercedes-Benz workers in Argentina's Dirty War three decades ago.
Daimler posted robust quarterly results that underwhelmed investors whose expectations had been inflated by recent stellar reports by peers such as Volkswagen and truck maker Volvo .
Daimler warned that commodity prices may rise by more than it bargained for in coming months and maintained its full-year outlook after posting stronger than expected first-quarter operating profit.
German luxury automaker Daimler AG and auto part manufacturer Robert Bosch GmbH plan to establish a 50:50 joint venture in the development and production of electric motors for all-electric vehicles in Europe.
Daimler AG's Mercedes-Benz is undertaking a global recall of some of its older-model M-Class sport utility vehicles for issues related to cruise control that may lead to a crash, Daimler and U.S. federal safety regulators said on Tuesday.