The key to understanding Apple's 2014 strategy is its cohesive cross-device operating ecosystem that is driving sales and product development. Jason Stein, of Laundry Service, shares his predictions.» Read More
DETROIT, Sept 12- The United Auto Workers would like Volkswagen AG to voluntarily recognize the U.S. union as the best choice to represent the German automaker's workers at its Tennessee plant, the union's president said on Thursday.
DETROIT, Sept 12- The United Auto Workers would like Volkswagen AG to voluntarily recognize the U.S. union as the best choice to represent the German automaker's workers at its Tennessee plant, the union's president said on Thursday. I don't think that's in Volkswagen's best interests. I don't think that in the best interests of Tennessee.
European shares closed higher on Tuesday, as the imminent threat of Western military action against Syria receded and fresh Chinese data boosted investor sentiment.
Luxury U.S. automaker Infiniti launched a premium compact car on Tuesday.
Dieter Zetsche, CEO of Daimler, tells CNBC that after a difficult first quarter, the group is now seeing results in both sales and profits and should "over-achieve" its target.
Pricy new models are heading for production from BMW AG, Daimler AG's Mercedes-Benz and Tata Group's Land Rover, among others,- some with gasoline engines, some with diesels, but all with electric motors and battery packs.
*BMW, Daimler each plan to have 7 crossovers by 2020- sources. BMW AG and Daimler AG, the global luxury car leaders, each plan to expand its crossover portfolio to seven vehicles by 2020, according to European supplier sources, with new entries in multiple sizes and price points.
MUNICH, Sept 8- Germany's Daimler AG plans to start selling a self-driving car by 2020 as part of its campaign to regain the top spot among premium carmakers, its development chief said.
High-end car sales jumped 31.5 percent, almost double the 17 percent gain the overall auto industry posted during the same month.
Steve Cannon, president & CEO, Mercedes-Benz USA, looks at the new, updated S-Class, which he calls the most intelligent car on the road. The car has 360-degree vision that helps the driver see what's going on all around the vehicle. The car retails for less than $100,000.
DETROIT, Sept 3- Michigan's Economic Development Corp has created an Automotive Industry Office to help coordinate the state's auto business development initiatives and strategy and attract more investment, a top state official said Tuesday.
CHENGDU, China, Aug 30- Daimler AG's Mercedes-Benz expects to see growth of up to 15 percent in China's luxury car segment this year, a senior executive said, and is trying to grab a bigger share of that market by expanding into the inland-west and smaller cities.
CHENGDU, China, Aug 30- Daimler AG's Mercedes-Benz will try to reach deeper into China's inland-west region and small "lower-tier" cities for growth as part of a broader turnaround plan for the world's biggest auto market, according to people familiar with the matter.
*Cadillac will focus for now on U.S. and China.
Indian companies say the fast-falling rupee is driving up the cost of imports, forcing them to raise prices even as consumer spending plummets.
MUMBAI, Aug 28- Indian companies such as Whirlpool of India Ltd say they can't plan more than a couple of months out as a fast-falling rupee currency drives up the cost of imports, forcing them to raise prices even as consumer spending crumbles.
Mercedes-Benz will launch about 20 new or upgraded models in China, part of a broader effort aimed at reversing the brand's struggles in the world's biggest auto market.
BEIJING, Aug 27- Daimler AG's Mercedes-Benz will launch around 20 new or upgraded car models in China over the next two years, part of a broader turnaround effort aimed at reversing the brand's recent struggles in the world's biggest auto market.
BEIJING Aug 27- Daimler AG's Mercedes-Benz will launch about 20 new or upgraded car models in China over the next two years, part of a broader turnaround effort aimed at reversing the brand's recent struggles in the world's biggest auto market.
Tesla Motors's plans to enter the China auto market have stalled after a Chinese businessman claimed trademark rights to the name, Reuters reported.