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China eyes Daimler stake
China

China eyes Daimler stake

China's sovereign wealth fund is considering buying a four to 10 percent stake in German car manufacturer Daimler, the website of the official <i>People's Daily</i> newspaper reported.
Mercedes unveils its future vision
Cars

Mercedes unveils its future vision

What will a Mercedes-Benz look like in 2025? Sporting wing doors and a hydrogen fuel cell, German carmaker Daimler is billing its F125 concept vehicle as the luxury saloon of the future.
Motor show hopes to dispel global gloom
Cars

Motor show hopes to dispel global gloom

Car makers at the world's biggest motor show, the IAA, sought on Tuesday to rise above the gathering global economic gloom, saying they were better positioned than in the last crisis three years ago.
German carmakers predict strong sales
Economy

German carmakers predict strong sales

Global economic woes have failed to dampen the hopes of Germany's luxury car companies, with Audi and Mercedes expecting surging sales. BMW also reported a record month in August, with sales up a whopping seven percent.
VW named world's best car company
Cars

VW named world's best car company

German automaker Volkswagen, Europe's biggest car manufacturer, was selected Tuesday as the sector's "best performer for 2010" by a study that highlighted weaknesses of VW rivals Toyota and GM.
Carmakers slam Greens' Kretschmann
Cars

Carmakers slam Greens' Kretschmann

The auto industry hit back on Tuesday at the Greens premier-designate in Baden-Württemberg, Winfried Kretschmann, over his weekend suggestion that the German industry needed to shrink in the interests of the environment.