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Mercedes sales chief Kaellenius seen as potential Zetsche successor after promotion to board

Dec. 11, 2014 14:34 CET

Daimler promoted Ola Kaellenius, head of sales for its Mercedes unit, to the group's management board, making him a potential candidate to succeed Dieter Zetsche as CEO. Zetsche's current contract runs until the end of 2016....
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Daimler will expand German battery output

Dec. 1, 2014 16:15 CET

Daimler will spend about 100 million euros ($125 million) to boost production of lithium ion batteries in Germany as it expects "high and steadily growing demand" for electric-car batteries....
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Car2Go poised to top 1-million users

Nov. 13, 2014 10:19 CET

Daimler's Car2Go car-sharing unit will have more than 1 million registered users by the end of the year, a company executive said, up from 900,000 now. The company aims to double penetration to 50 cities by 2016 with an emphasis on China....
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Daimler lifted by jump in third-quarter earnings at Mercedes

Oct. 14, 2014 11:21 CET

Daimler reported a 29 percent jump in quarterly core earnings at Mercedes-Benz Cars, surprising investors wary of an economic slowdown....
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Mercedes has best-ever monthly sales, helped by new models, China

Oct. 7, 2014 15:20 CET

Mercedes had its best month for vehicle sales in the company's 88-year history in September, benefiting from new models and surging demand in China....
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Mercedes' August sales rise 10% on demand for compacts

Sept. 5, 2014 11:42 CET

Mercedes says it is on course for a record sales year after brand sales increased by 10 percent in August, bringing eight-month volume to 1.03 million. The brand's expanding compact car range is helping to boost volume....
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