World’s largest smart car gathering
July 29, 2009 by Matt Brogan
Filed under Car News, Daimler, Mercedes-Benz, Smart
A massive convoy, music concerts, creative competitions, technical discussions, fun and joy of life – yes folks such is the largest gathering of smart cars and enthusiasts in the world, and it all takes place at an old airport site in Austria from 21 – 23 August.
Over three days “Smart Times” attendees can look forward [...]
Economic worst over, Daimler CEO
June 29, 2009 by David Twomey
Filed under BMW, Car News, Industry, Mercedes-Benz, Porsche
The relaunch of German carmaker Daimler’s key Mercedes-Benz E-class luxury sedan has supported earnings in the second quarter and bolstered the carmaker’s optimism that the worst is finally behind it, CEO Dieter Zetsche said today.
“From today’s perspective, not only will we not experience any more negative surprises in terms of the whole year, rather we [...]
Daimler quits Chrysler holding
April 28, 2009 by David Twomey
Filed under Car News, Chrysler, Daimler, Fiat
Chrysler’s former business partner Daimler has come up with a deal to extract itself from the 19.9 per cent stake it still holds in the American carmaker.
A report carried on Reuters newsagency said that Daimler AG on Monday reached an agreement with Chrysler, the US carmaker’s owner Cerberus Capital Management, and the US Pension Benefit [...]
