February 1, 2011
AMGmarket.com/PR News/Source: Daimler, Affalterbach – The successful Mercedes-Benz C 63 AMG is now more attractive than ever: the modified design of the top-of-the-range C-Class model is complemented by numerous enhancements to its technology which deliver even more driving enjoyment while reducing fuel consumption significantly. The introduction of the AMG SPEEDSHIFT MCT 7-speed sports transmission with the “Controlled Efficiency” mode as standard along with a new power steering pump helps to reduce the combined NEDC fuel consumption by about ten percent to 12.0 l/100 km (Estate: 12.3 l/100 km). The output of the AMG 6.3-litre V8 engine is unchanged at 336 kW (457 hp) and can be increased to a maximum of 358 kW (487 hp) with the optional AMG Performance package. Agility, grip and ride comfort have been enhanced as a result of numerous measures to optimise the AMG sports suspension. New assistance systems and a new generation of telematics with internet access increase both safety and comfort. Continue reading for specs and photos >
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May 16, 2010
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 » »
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November 16, 2009
AMG Market News/Daimler Press Release – Stuttgart, Nov. 16: Mercedes-Benz will enter the Formula 1 World Championship with its own team, beginning with the 2010 season, and Daimler AG and McLaren Group will change their form of cooperation with effect as of 13 November 2009. This was announced by Daimler AG today.
Daimler AG together with Aabar Investments PJSC will take over 75.1 per cent of the Brawn GP team, with Daimler taking 45.1 per cent and Aabar 30 per cent. The rest of the 24.9 per cent will remain with the current stakeholders. With 9.1 per cent, Aabar is the biggest single shareholder of Daimler AG. This transaction is subject to the approval of the EU and the Swiss cartel authorities.
The background to this decision are the new terms and conditions for Formula 1. The “Resource Restrictions” set by FOTA and FIA effectively limit expenditure for the design, construction and running of the racing cars. In addition, there will be a significantly higher income available for a Formula 1 team generated by the commercial rights of the racing series following the signing of the new Concorde Agreement.
The partnership between McLaren Mercedes has been in place since 1995 and ended its 15th joint Formula 1 season in 2009. The change to the form of cooperation is taking place by mutual agreement. Mercedes-Benz and McLaren will continue to co-operate with each other and the supply of engines could continue until 2015. Continue reading » »
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November 6, 2009
Daimler announced the receipt of the “Golden Steering Wheel” award presented by Auto Bild and 25 associated European publications. Here’s the official press release and AMG SLS photos in our gallery:
More than a quarter of a million readers took part, and voted the new Mercedes-Benz SLS AMG the world’s best super sports car by a wide margin. Accordingly “Bild am Sonntag”, “Auto Bild” and 25 associated European publications awarded the new Gullwing model the “Golden Steering Wheel” – one of the most important automotive awards in Europe. This coveted award was officially presented to Dr. Dieter Zetsche, Chairman of Daimler AG and CEO of Mercedes-Benz Cars, in Berlin yesterday evening.
Eleven super sports cars competed in the large-scale reader’s vote for the “Golden Steering Wheel” award, which “Bild am Sonntag” and the motoring magazine “Auto Bild” organized on a Europe-wide basis for the first time this year. Almost one third of all votes were cast in favor of the new Mercedes-Benz SLS AMG, which therefore headed the readers’ popularity list in the super sports car category by a wide margin over the runner-up.
Continue reading » »
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May 19, 2009
Daimler’s interest in battery systems, electric drive systems and related vehicle projects leads to the automaker acquiring nearly 10 percent of one of the leading electric vehicle companies, Tesla Motors Inc. This investment deepens the relationship between the inventor of the automobile and the newest member of the global auto industry. Tesla is the only production automaker selling a highway capable electric vehicle in North America and Europe.
The two companies have already been working closely to integrate Tesla’s lithium-ion battery packs and charging electronics into the first 1,000 units of Daimler’s electric smart car. In order to benefit from each other’s know-how, the investment enables the partners to collaborate even more closely on the development of Continue reading » »
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