Supervisory Board and Board of Management of Daimler AG (“ DAI ” ) to apply for the discontinuation of NYSE listing of its shares.

Daimler AG indicated in a press release that the company plans to discontinue their stock-exchange listing in New York (NYSE). According to Daimler, the delisting and deregistration is a consequence of changed investor behavior and consistently low trading volumes. Bodo Uebber, CFO of Daimler AG says,

“Daimler continues to place great importance on having an international shareholder base. At the same time, this step enhances our overall efficiency.”

AMG Market News/Source: Daimler AG – Stuttgart, May 14, 2010: The Supervisory Board and Board of Management of Daimler AG (stock – exchange symbol “ DAI ” ) have decided to apply for the discontinuation of the listing of its shares on the New York Stock Exchange (NYSE). Continue reading » »

Mercedes-Benz debuts the SLS AMG GT3 at the New York International Auto Show (April 2-11, 2010, Jacob Javits Center).Excerpts of a March 31, 2010 press release from Mercedes-Benz follows.

SLS AMG GT3 Makes U.S. Debut

Automobile fascination paired with spectacular race car design – that is the new Mercedes-Benz SLS AMG GT3. The racing version of the 2011 SLS AMG has been conceived as a customer sport vehicle for participation in race series based on FIA GT3 regulations. Meticulous lightweight construction and optimized chassis, brakes and aerodynamics deliver uncompromising dynamics. The extra special SLS AMG will make its race track debut in 2011.

Thoroughbred motorsport technology for the race track

Automobile fascination paired with spectacular race car design – that is the new Mercedes-Benz SLS AMG GT3. The racing version of the SLS AMG has been conceived as a customer sport vehicle for participation in race series based on FIA GT3 regulations. Meticulous lightweight construction and optimized chassis, brakes and aerodynamics deliver uncompromising dynamics. The extra special SLS AMG will make its race track debut in 2011.

The clean design and breathtaking form of the SLS AMG have been effectively accentuated by targeted modifications to the bodyshell. The new components, made largely from lightweight carbon fiber offer a clear indication of extraordinary race track performance and extensive aerodynamic development work. Continue reading » »

It has been confirmed that seven-times Formula One World Champion Michael Schumacher will make his racing return in 2010 with the Silver Arrows team. The full press release and a video interview with Schumacher is below:

AMG Market News/Press Release from Stuttgart/Brackley – The MERCEDES GP PETRONAS Formula One Team can confirm that seven-times Formula One World Champion Michael Schumacher will make his racing return in 2010 with the Silver Arrows team. With seven Drivers’ World Championships, 248 Grand Prix starts, 91 victories, 154 podium finishes and 68 pole positions, the 40-year old German needs no introduction following an illustrious and record-breaking Formula One career from 1991 to 2006 at the Jordan, Benetton and Ferrari teams. Michael’s return to racing with MERCEDES GP PETRONAS sees his return to Mercedes-Benz Motorsport where he began his racing apprenticeship as part of the Junior Programme in 1990, racing in Group C sports cars and DTM, and sees Michael renew his partnership with Ross Brawn with whom he won all seven of his World Championships. The announcement confirms the MERCEDES GP PETRONAS driver line-up for the 2010 season with Michael partnering his compatriot, 24 year old Nico Rosberg, in the Silver Arrows cars. Continue reading » »

Charlotte Kiehle of the New York State Dept. of Tax and Finance Child Support Enforcement contacted us about a charity auction this Saturday, Dec. 5. She requested help in promoting the charity and here’s the info she provided (please pass it on, it is for a good cause – thanks).

NYS DEPT OF TAX & FINANCE CHILD SUPPORT ENFORCEMENT took possession of a 1980 Mercedes Benz 450 SEL 4 door sedan, blue (not diesel).  Pictures attached.  This vehicle is going up for auction Saturday, December 5 at 11:30 am at Manasse Auction, Whitney Point NY 607-692-4540- website is www.manasseauctions.com and the cars being sold on Dec. 5 are listed here.

They will accept phone bids.   Please let your friends know and let’s get money for child support.

Provided by Charlotte Kiehe
Ph: 315-794-0062

AMG Market News/Daimler PR from Stuttgart – Nov. 2009: Readers of the magazine "Auto Zeitung" have voted the new Mercedes-Benz E-Class the best saloon in the luxury class, while first place for best super sports car was also taken by the new "Gullwing" Mercedes-Benz SLS AMG, resulting in both cars receiving the prestigious "Auto Trophy."

The top-class awards were presented to Dr. Dieter Zetsche, Chairman of the Board of Daimler AG and Head of Mercedes-Benz Cars, and to Dr. Joachim Schmidt, Executive Vice President Mercedes-Benz Cars Sales and Marketing, at a ceremony held last night in Berlin.

This marked the 22nd occasion on which "Auto Zeitung" opened up annual voting for the best cars of the year. No fewer than 104,442 readers cast their votes, carrying the new Mercedes-Benz E-Class to victory as the best car of the year in the luxury class. As the global leader in this segment, Mercedes-Benz easily fended off its 19 competitors.

Since its market premiere in spring 2009, the new E-Class has successfully made a name for itself with its dynamic design, setting new standards in terms of safety, comfort, environmental compatibility and economy. Contributing to this success is a new generation of engines which operate at previously unattained levels of efficiency.

Continue reading » »