German automaker Mercedes opens new Russia factory

Europe 04/03/19, 08:05

Germany's Daimler AG has opened a new Mercedes factory in Russia, part of a 250 million euro ($281 million) investment it says will create 1,000 jobs.CEO Dieter Zetsche said Wednesday the Moscow-area plant will produce Mercedes sedans and SUVs for the local market, and is part of a strategy to ...

BMW, Daimler: You can trust us with car-sharing data

Europe 02/22/19, 06:49

Automakers Daimler and BMW say that trustworthy handling of personal data will be a key competitive advantage in their new joint venture that offers customers app-based services like car-sharing.The two competitors for luxury car customers said Friday they are investing more than a billion euros (over $1.1 billion) in their ...

Update: New electrics are stars of Paris auto show

Europe 10/02/18, 04:08

The Latest on the Paris Auto Show (all times local):10 a.m.President of Bugatti Automobiles S.A.S. Stephan Winkelmann poses next to a 5 million euro (5.8 $) Bugatti Divo during a media presentation on the eve of Paris Auto Show in Paris, Monday, Oct. 1, 2018. Doubts about diesel, Brexit, trade ...

New electrics are stars of Paris auto show

Europe 10/02/18, 02:17

All-electric vehicles with zero emissions are among the stars of the Paris Motor Show — rubbing shoulders with the fossil-fuel burning SUVs that many car buyers love.Media people look at a Mercedes-Benz EQC, electric luxury SUV during a media presentation on the eve of Paris Auto Show in Paris, France, ...

Daimler: CEO Zetsche to be succeeded by development head

Business 09/26/18, 04:49

Automaker Daimler says that CEO Dieter Zetsche will be succeeded next year by Mercedes-Benz development and research head Ola Kallenius.FILE - In This April 5, 2018 file photo Dieter Zetsche, CEO of the Daimler AG, speaks during the annual shareholders' meeting of the car maker in Berlin. Daimler AG said ...

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