Smart Car Receives Top Safety Rating

"    The Insurance Institute of Highway Safety reported today that the two door Smart Car, the 2008 ForTwo, received top ratings for front and side crash tests. The "Micro Car" is the smallest...

Daimler expects huge US demand for tiny Smart car

"German car maker Daimler said Tuesday that next month's launch of its tiny Smart car in the United States will unleash such stiff demand the company will have trouble meeting it. "We will not be able to meet...

Riding the recovery gear sans Daimler

Known for its styling and a number of engineering firsts, Chrysler always works on shoe string budgets ….. suffered losses on a single miscalculation or error.  The automobile’s most competitive market...

Daimler Chrysler is no More

In a news release published at 10:29 local German time, DaimlerChrysler announced that it will sell off its Chrysler division to American private equity fund Cerberus for approximately 5.5 bn Euro. According to a report by Reuters, DaimlerChrysler will be rebaptised and...

German machine-guns his way into mediation talk at Mercedes Benz in Hamburg

Germany - A 64 year old German client machinegunned his way into a Mercedes Benz workshop in Hamburg (Germany) after mediation over repair costs failed. The incident was reported by AP Germany on Saturday....

Court tells Daimler to pay Daimler-Benz investors (Reuters)

" 49 minutes ago STUTTGART, Germany (Reuters) - A German court has ruled that DaimlerChrysler (DCXGn.DE) should pay former shareholders of Daimler-Benz AG more money in a dispute over the valuation of their stock during the 1998 merger with Chrysler. The Stuttgart court...

Next on menu for Starbucks? It's hot food

According to New York Daily News, Starbucks is making changes to its menu. The coffee giant got 12 percent of its $4 billion in sales through food last year, mostly with cold items like cookies, muffins and...

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