• Automotive News
    Daimler AG Rises as Profit Surprises and Mercedes Seals Sales Lead

    Adjusted earnings before interest and taxes rose 5.6 percent to 3.97 billion euros in a preliminary tally, “significantly” beating analyst expectations, the automaker said in a statement. Daimler benefited from gains in vans and buses while earnings dropped at the trucks and the Mercedes Cars division. The result excludes almost 500 million euros in Takata Corp. air-bag […]

  • BMW
    BMW, Volkswagen, Daimler Raided Over Steel-Buying Cartel

    There are indications that antitrust rules may have been violated, and the raids were conducted to investigate the facts, Kay Weidner, spokesman for the Federal Cartel Office, said in an e-mailed statement on Tuesday. He declined to identify any company. Volkswagen AG, BMW AG, Daimler AG and Robert Bosch GmbH were among six companies raided […]

  • Cars Brands
    2011 Mercedes-Benz SLS AMG Among Vehicles Actually Included in Expanded Takata Recall

    WASHINGTON — Mercedes-Benz USA is recalling 199,705 vehicles, including the 2011 Mercedes-Benz SLS AMG, for defective Takata front-passenger airbag inflators, according to the National Highway Traffic Safety Administration. The vehicles include: 2008-’11 Mercedes-Benz C63 AMG sedan 2010-’11 Mercedes-Benz GLK350 2010-’11 Mercedes-Benz GLK350 4Matic 2010-’11 Mercedes-Benz E350 coupe 2011 Mercedes-Benz E350 convertible 2011 Mercedes-Benz E550 coupe […]