German automaker Daimler has said it wants to sell its remaining 19.9-percent interest in its former US subsidiary Chrysler to private equity firm Cerberus, which last year acquired a majority stake in Chrysler from Daimler.
German automaker Daimler and RWE, one of the country's largest energy providers, announced on Friday a pilot project to create a fleet of electric cars and charging stations across Berlin.
German car maker Daimler lowered its full-year profit forecast on Thursday as raised second-quarter sales were unable to make up for weaker economic conditions and high raw material prices.
Daimler auto sales picked up slightly in June, the company said Friday, helping first-half results post an increase of eight percent from the same period a year earlier, in large part owing to the small city car Smart.
German automaker Daimler will market an electric model by its Mercedes division and one by its small city-car brand Smart in 2010, boss Dieter Zetsche said in a newspaper interview.
The German auto manufacturer Daimler said Wednesday it would build a factory in Hungary and invest in an existing German plant to boost output of smaller, cleaner models.
German auto manufacturer Daimler said on Tuesday it would buy back about 96.4 million of its own shares, some 10 percent of its outstanding stock, for up to €6 billion ($9.3 billion).
The EU’s top economic official slammed salaries earned by some European business leaders, joining those who have called for action on the socially sensitive issue.
German auto and truck giant Daimler said Tuesday that first quarter net profit fell 30 percent despite a strong performance at its flagship Mercedes-Benz brand.
