Daimler was ordered to recall 774,000 vehicles in Europe after two meetings with Germany's top regulator failed to allay concerns about irregularities in the Mercedes-Benz maker's diesel emissions. The government cited "prohibited shutoff devices" for the recall.
Mercedes-Benz USA CEO Dietmar Exler is excited about the A-class sedan coming this year. The new entry-level model is said to bristle with technology, including a new multimedia system, and is targeted at millennial buyers.
Toyota kept its title as the world's most valuable car brand while Mercedes passed BMW to finish No. 2 in an annual ranking by market researcher Kantar Millward Brown. Tesla increased its brand value 60 percent to get within striking distance of Audi.
Daimler faces an investigation of 40,000 diesel Mercedes Vito vans and 80,000 C-class cars for possible illicit software that allowed the vehicles to emit excess pollution without detection, a German newspaper reported.
Germany's Transport Ministry questioned Daimler CEO Dieter Zetsche over how many Mercedes vans and cars need to be fixed to meet emissions rules after the automaker was ordered to recall Vito vans because they breached emissions regulations.
Being a latecomer to the electric vehicle market has its advantage. While upstart Tesla Inc. single-handedly built a global network of fast chargers to reassure its EV buyers, newcomer Mercedes-Benz could take a more capital-efficient approach — relying on the investments of others.
Mercedes-Benz will put its premium A-class subcompact sedan into U.S. showrooms this year. But now that the automaker has begun giving U.S. retailers a look at the car, product plans and details are coming into sharper focus.
Germany's road vehicle authority has ordered Daimler to recall Mercedes Vito vans with 1.6-liter diesel engines, saying two of the van's engine control features to reduce exhaust emissions were in breach of regulations
Daimler will invest $589 million into its plant in France to start producing a compact electric car for Mercedes. The new car, which will be part of Mercedes' EQ electric subbrand, will be built alongside the battery-powered Smart ForTwo.
Russia is considering providing support to some of tycoon Oleg Deripaska's businesses, including GAZ Group, which is Russia's biggest van maker as well as a contract manufacturer that builds models for the Mercedes, VW and Skoda brands in Nizhny Novgorod.