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  • SAO PAULO, Jan 12- Thousands of Brazilian metalworkers marched on a highway outside of Sao Paulo on Monday to protest layoffs by carmakers, adding to a mounting crisis in a politically sensitive industry. State police said about 7,000 workers from Volkswagen AG, Ford Motor Co and the Mercedes-Benz truck unit of Germany's Daimler AG occupied a lane of the highway...

  • SAO PAULO, Jan 12- Thousands of metalworkers in Brazil marched on a highway outside of Sao Paulo on Monday to protest layoffs by carmakers, adding to a mounting crisis in a politically sensitive industry. State police said about 7,000 workers from Volkswagen AG, Ford Motor Co and the Mercedes-Benz truck unit of Germany's Daimler AG occupied a lane of the highway...

  • DETROIT, Jan 8- Fully automated driverless cars could make up nearly 10 percent of global vehicle sales, or about 12 million cars a year, by 2035, the Boston Consulting Group said on Thursday. "This will be as radical a change as the auto industry has seen in 100 years," said Thomas Dauner, head of BCG's global automotive practice. Vehicle manufacturers, including...

  • Brazil is one of the world's five biggest auto markets and a major base of operations for Fiat Chrysler Automobiles, Germany's Volkswagen and U.S.-based General Motors Co and Ford Motor Co.. The prospect of another weak year for Brazil's auto industry is adding to headaches for President Dilma Rousseff as she struggles to get Brazil's economy growing again...

  • Daimler's Mercedes-Benz has a different idea from Ford- and worlds apart from Internet company Google Inc, which has jolted the automotive establishment with its high-profile effort to develop a fully self-driving city car. Where Ford wants to make autonomous cars for "Everyman," and Google envisions cars as pod-like appliances, Daimler presented robotic...

  • SAO PAULO, Jan 7- Workers at a Mercedes-Benz truck factory outside of Sao Paulo voted on Wednesday to stop work for 24 hours in a protest over fired colleagues, the second such strike in as many days as automakers cut payrolls in anticipation of a third straight year of slumping sales. The local metalworkers union said Mercedes-Benz, a unit of Germany's Daimler AG,...

  • SAO PAULO, Jan 7- Workers at a Mercedes Benz truck factory outside of Sao Paulo voted on Wednesday to stop work for 24 hours in a protest over fired colleagues, the second such strike in as many days as automakers cut payrolls in anticipation of a third straight year of slumping sales. The local metalworkers union said Mercedes Benz, a unit of of Germany's Daimler AG,...

  • DETROIT, Jan 6- Mercedes-Benz will move its U.S. headquarters to Atlanta from northern New Jersey, affecting about 1,000 employees, the company said on Tuesday. The new headquarters would be closer to the company's assembly plant in Tuscaloosa, Alabama and its port in Brunswick, Georgia. Mercedes-Benz, the No. 2 seller of luxury automobiles in the United States,...

  • DETROIT, Jan 6- Mercedes-Benz will move its U.S. headquarters to Atlanta from northern New Jersey, a source familiar with the brand's plans told Reuters on Tuesday. Mercedes-Benz currently has its U.S. headquarters in Montvale, New Jersey. Mercedes-Benz is the No. 2 seller of luxury automobiles in the U.S. market.

  • LAS VEGAS, Jan 5- Germany's Daimler AG wants to reset consumers' expectations about self-driving cars with its futuristic Mercedes-Benz F 015 concept, unveiled Monday evening at the annual Consumer Electronics Show in Las Vegas. "Anyone who focuses solely on the technology has not yet grasped how autonomous driving will change our society," said Daimler Chief...

  • Surf the web as you 'drive' this futuristic car Monday, 5 Jan 2015 | 11:30 PM ET
    The Mercedes-Benz F 015 autonomous drive concept car.

    Mercedes-Benz unveiled the all-electric, fully autonomous-drive F 015 Luxury in Motion vehicle at the Consumer Electronics Show.

  • Germany overtakes UK in corporate executive pay Monday, 5 Jan 2015 | 7:01 PM ET

    Germany has overtaken the UK as Europe's top-paid corporate executives, partly reflecting public and investor pressure on remuneration in UK companies. The Financial Times reports.

  • DETROIT, Jan 5- BMW on Monday regained bragging rights as the top-selling luxury brand in the United States, ending the one-year reign of German rival Mercedes. BMW ended with a lead last year of more than 9,000 vehicles over Mercedes-Benz, which in 2013 seized a title BMW had held for the previous two years. Last year, Mercedes-Benz outsold BMW by about 3,000...

  • Asian stocks extend rally on Fed cues Friday, 19 Dec 2014 | 3:08 AM ET

    Asian equities put up an upbeat performance on the final trading day of the week, following an inspiring U.S. lead overnight as investors cheered the Federal Reserve's pledge to be patient in increasing interest rates.

  • SHANGHAI, Dec 13- China could overtake Germany and Italy to become the biggest market for Daimler AG's mini car brand Smart in a few years, Smart chief executive Annette Winkler said on Saturday. "When we started, many people doubted that Smart could be a success here, because normally, luxury, premium cars in China is about big cars," Winkler told reporters in Shanghai,...

  • *Hong Kong stock market debut set for Dec 19. HONG KONG, Dec 12- Chinese automaker BAIC Motor Corp Ltd, part-owned by Germany's Daimler AG, is set to raise about $1.42 billion in an initial public offering in Hong Kong, people with knowledge of the deal said on Friday. The price would be just above the mid-point of a HK $7.60 to HK $9.80 marketing range, putting the total...

  • UPDATE 1-BMW outsells Audi and Mercedes but lead narrows Wednesday, 10 Dec 2014 | 4:46 AM ET

    BERLIN, Dec 10- Carmaker BMW has racked up its highest-ever November sales, beating Audi and Mercedes-Benz, but the two German rivals remain on course to narrow BMW's lead in the global luxury car market. By comparison, Volkswagen's flagship Audi division sold 146,250 models, reporting an 11 percent gain on year-ago levels, while Daimler AG's Mercedes-Benz...

  • Dec 9- The United Auto Workers union said on Tuesday it will train workers at Volkswagen AG's plant in Chattanooga, Tennessee, in an effort to form a U.S. version of a German-style works council, while continuing to push for collective bargaining rights at the factory. Under a new agreement with the German company announced in November, unions that can prove...

  • Falling gas prices not slowing hybrid production Tuesday, 2 Dec 2014 | 5:00 AM ET
    The Toyota Mirai

    Automakers are gearing up for greater electric, fuel-cell and hybrid vehicle production.

  • DETROIT, Dec 1- The United Auto Workers union said on Monday it will press managers of the Daimler AG's Mercedes-Benz assembly plant in Alabama to respect the right of workers to discuss organizing a local union while on the factory floor. "It's unfortunate that Mercedes-Benz had to be ordered to simply allow workers to discuss their right to organize," said Kirk...