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DAIMLERCHRYSLER
- Top 10 Indian firms' R&D expense 1/10th of top global investor
Top 10 Indian firms, put together, invested 477 million euro last year for R and D, less than one-tenth of the world's biggest R and D inve...
- BAE Systems wins Australian army deal
British defence group BAE Systems said on Friday it has been chosen as the preferred bidder to supply trucks to the Australian army in a de...
- German cars off their prime
German cars are too big, costly and polluting. The challenge is now from Toyota and Chinese upstarts like Chery and Geely.
- Ex-Home Depot boss at Chrysler helm
Chrysler's new private owners say they have picked former Home Depot boss Bob Nardelli to head the No. 3 US automaker in its effort to retu...
- BMW wants to step up cooperation with Mercedes
BMW wants to intensify cooperation with its fellow German luxury car maker Mercedes, a top BMW executive said.
- Kerkorian keen to bond with Chrysler
Billionaire Kirk Kerkorian, who offered to buy DaimlerChrysler's Chrysler unit for $4.5 billion earlier this week, said he wants “a true pa...
- Magna, Cerberus, Blackstone lead the race for Chrysler
Magna International, Cerberus Capital Management and a team led by Blackstone Group and Centerbridge Partners are frontrunners to buy Daiml...
- Airbus rescue plan under fire
Airbus unions in France on Friday ordered a one-day strike for next week to protest planned job cuts and plant disposals at the European ai...
- DaimlerChrysler to get $221m from insurers
DaimlerChrysler will recover about e168 million ($221.5 million) from insurers in settling a dispute over the costs of a US class-action la...
- EU carmakers join the hybrid race
Even those who strongly believe in advanced gas-electric hybrid vehicle technologies acknowledge they have a long way to go.
- Made in China E-class may hog limelight at Beijing show
Top world automakers were set to showcase new models at a Beijing auto show this weekend, each vying for a share of the booming Chinese car...
- DaimlerChrys net falls 37% to $681m
DaimlerChrysler’s third-quarter profit fell less than analysts estimated as higher earnings at the Mercedes and truck units eased a loss at...
- Germany wants stake in EADS, minus headaches
In the political minefield of national egos at the heart of EADS, the German government seems undecided about how best to shore up its inte...
- KfW to buy Daimler-Chrys’ EADS stake next year
German government officials and the state-owned redevelopment bank KfW are preparing a contract for the bank to buy a stake in European aer...
- France, Germany look to solve Airbus crisis on equal terms
The leaders of France and Germany have insisted that the crisis at Airbus be resolved on equal terms in response to alarm in Germany that r...
- It's Toyota's hybrid vs big auto
General Motors, DaimlerChrysler & Bayerische Motoren Werke (BMW) will spend more than $1bn combined to make a shared gasoline-electric syst...
- EADS co-CEO Forgeard battles to survive crisis
EADS co-chief executive Noel Forgeard faced a parliamentary grilling in his battle to survive a management crisis at planemaker Airbus on W...