Cars
Audi, BMW And Daimler Buy HERE Maps Jointly From Nokia
Audi, BMW and Daimler agreed with Nokia the joint acquisition of the HERE mapping service for the price of €2.8 billion ($3.1 million).
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Investors Value Mercedes-benz Cars At Less Than Half Compared To Arch-rival Bmw
It’s been more than a year since Daimler CEO Dieter Zetsche vowed that Mercedes-Benz would reclaim the number one place in the premium segment from BMW by the end of the decade. He even sent a letter to his employees, saying that the company “should...
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Audi To Pay Workers Hefty Bonus For 2008, Bmw And Mercedes-benz Say Nein
Among the three premium German automakers, the only company that will share part of its 2008 profits with workers is Audi as BMW and Mercedes-Benz's parent company Daimler decided not to pay a profit-sharing bonus for 2008. Audi AG will hand out €157...
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Daimler Posts €1,4 Million Loss In First Quarter Of 2009, Sales Down 34%
Only hours after announcing that it had agreed to unload its remaining 19.9 percent stake in Chrysler LLC, Daimler published its quarterly results which saw the company that owns Mercedes-Benz posting a €1,426 million loss before interest and tax...
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Daimler Agrees To Give Up Its 19.9% Stake In Chrysler
Mercedes-Benz's parent company Daimler has reached an agreement with Cerberus to let go of its remaining 19.9% stake in Chrysler LLC and write off a $1.5 billion loan that went to the American automaker in 2007. The new agreement will help Chrysler...
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2008 Renault Twingo Nokia Special Edition
French carmaker Renault is addressing new-tech car buffs with the new Twingo Nokia. The special edition version has been developed in partnership with Nokia featuring a standard an MP3 compatible 140W radio-cd with USB, jack and iPod inputs and a Nokia...
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