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Daimler buying stake in Russian truck maker

AP — Fri, 12 Dec 2008 09:50:09 +0000

Daimler AG is buying a 10 percent stake in Russian truck maker OAO Kamaz under a $300 million deal signed Friday, the head of the German company’s truck division and other officials involved...

Daimler buying 10 percent of Kamaz

AP — Fri, 12 Dec 2008 08:19:45 +0000

Russian news agencies say Daimler AG is buying a 10 percent stake in Russian truck maker Kamaz.

Daimler Trucks still interested in Russia's Kamaz

AP — Wed, 10 Dec 2008 12:12:42 +0000

Daimler AG’s truck unit is still looking at acquiring a stake in Russian truck maker Kamaz Inc. and expects to make a decision by year-end, Daimler said...

Carmaker Daimler to introduce shorter work week

AP — Mon, 08 Dec 2008 16:46:38 +0000

German automaker Daimler AG will cut work hours at its largest domestic plant for at least 2 1/2 months amid flagging demand for its cars, Daimler’s works council chief Erich Klemm said...

Mercedes' November sales drop 25 percent

AP — Fri, 05 Dec 2008 15:44:45 +0000

German automaker Daimler AG said Friday that sales in its Mercedes-Benz Cars group dropped more than 25 percent in November to 84,500 vehicles worldwide.

German carmaker Daimler may cut some working hours

AP — Thu, 27 Nov 2008 12:34:59 +0000

Daimler AG said Thursday it is considering cutting working hours at some of its car production plants in Germany as the economic gloom pushes down sales.

German carmaker Daimler may cut work hours

AP — Thu, 27 Nov 2008 11:42:25 +0000

Daimler AG said Thursday it is considering cutting working hours at some of its car production plants in Germany as the economic gloom pushes down sales.

Cerberus claims it was misled in deal for Chrysler

AP — Wed, 26 Nov 2008 18:22:55 +0000

Relations between Chrysler’s current and former owners turned ugly Wednesday when private equity firm Cerberus Capital Management LP accused Daimler AG of “intentionally and materially” misleading Cerberus before the German automaker sold Chrysler last ye

Daimler says talks stalled to sell Chrysler stake

AP — Wed, 26 Nov 2008 14:42:25 +0000

Daimler AG says talks to sell its remaining stake in struggling Detroit automaker Chrysler Holding LLC have stalled because of exaggerated demands from Chrysler owner Cerberus Capital Management...

Daimler trucks won't cut German production hours

AP — Tue, 25 Nov 2008 14:53:20 +0000

The head of Daimler AG’s truck business said it does not plan to cut working hours at its German plants in the immediate future, despite the economic downturn, but would not rule out further savings in the United...