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Recently, Volkswagen of America Inc. announced a major recall of 790,000 vehicles owing to some glitch in brake light switch. This time, DaimlerChrysler has been reported to make a huge recall for its 489,000 vehicles.
The mainly affected vehicles...
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AP, Havana
Chinese President Hu Jintao was on a triumphant tour through Havana on Tuesday as his country expanded its already extensive economic relationship with the...
made popular 21 min ago
AP, London
Share prices on the London Stock Exchange closed higher Tuesday.
made popular 22 min ago
AP, Boston
Massachusetts’ top securities regulator on Tuesday accused Oppenheimer & Co. Inc. of fraud over the investment bank’s sales of auction-rate securities...
made popular 25 min ago
AP, Rome
Premier Silvio Berlusconi said Tuesday after talks with German Chancellor Angela Merkel that both leaders hope Lufthansa can work out a collaboration deal with...
made popular 39 min ago
AP, Columbus
Oil prices fluctuated Tuesday even as the government reported that gasoline prices recorded their largest drop ever in October and prices for home heating oil, natural...
made popular 57 min ago
AP, Brussels
InBev SA formed the world’s largest brewer Tuesday when it finalized its $52 billion (euro41 billion) takeover of Anheuser-Busch Cos. Inc.
made popular 1 hr. ago
AP, Strasbourg
France, the current holder of the European Union presidency, called Tuesday on EU regulators to show flexibility in applying state subsidy rules so governments could...
made popular 1 hr. ago
AP, Cincinnati
The Kroger Co. has opened its biggest “Fresh Fare” store yet and plans more of the stores aimed at luring eat-at-home and natural foods shoppers.
made popular 1 hr. ago
AP, Minneapolis
United Airlines said on Tuesday that a federal judge has barred its pilot union and four pilots from activities that disrupt the airline’s activities.
made popular 1 hr. ago
AP, Beijing
China on Tuesday dismissed suggestions that it is seeking to illegally obtain U.S. space technology after a scientist in the United States was convicted of violating...
made popular 1 hr. ago
AP, London
Markets should not have been so surprised by the Bank of England’s large 1.50 percentage point rate cut in November because it was justified by the increasingly...
made popular 1 hr. ago
AP, Little Rock
Even as they struggle amid the slowing economy, some states are giving retailers back about $1 billion in sales taxes each year as reimbursement for acting as tax...
made popular 1 hr. ago
AP, New York
Wall Street made a hesitant advance Tuesday, with investors refraining from making big bets in a volatile market battered by a stream of weak economic data.
made popular 1 hr. ago
AP, Strasbourg
The EU’s top labor affairs official said Tuesday there is no further need for Germany, Austria, Belgium and Denmark to keep in place job restrictions on citizens...
made popular 1 hr. ago
AP, Helsinki
Finland’s government said it will hike the tax on alcohol by 10 percent next year in an attempt to discourage heavy drinking.
made popular 1 hr. ago
AP, Frankfurt
Deutsche Lufthansa AG said Tuesday its CityLine regional carrier will cut 20 percent of its 2,500-person work force and scale back the size of its fleet as it trims...
made popular 2 hr. ago
AP, Brussels
A Belgian commercial court on Tuesday threw out a shareholder challenge to the fire sale of troubled bank Fortis to France’s BNP Paribas.
made popular 2 hr. ago
AP, Copenhagen
Takeover talks for bankrupt budget airline Sterling A/S failed Tuesday because of disagreements between the potential buyer and a labor union representing flight crews,...
made popular 2 hr. ago
AP, Rochester
Shares of Corning Inc. tumbled 12 percent Tuesday after the specialty glass maker lowered its fourth-quarter sales and profit guidance to reflect slumping demand for...
made popular 2 hr. ago
AP, Washington
The National Association of Realtors says home prices fell in four out of five U.S. cities in the third quarter, the latest sign of how the U.S. housing market’s...
made popular 2 hr. ago
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AP, Nashville
The state Supreme Court affirmed a trial court’s decision to award a couple $13 million in punitive damages in a wrongful death lawsuit against DaimlerChrysler...
made popular Jul 24 2008
With the escalating gas prices, our environment as well as our pockets keeps drowning in this current. In a bid to do our bit for saving our planet, we can swap our...
made popular Jun 5 2008
We’ve heard Double-Decker buses before but a Double -Decker car has caught our imagination here off late. Not exactly a double-decker in the true sense but we would...
made popular Mar 29 2008
Detroit’s big three automakers are doing everything possible to return into profit foray.
After losing their pioneer position to Asian automakers, General...
made popular Jul 3 2007
Federal antitrust regulators have accepted Cerberus Capital Management’s $7.4 billion deal for ailing Chrysler.
Cerberus has struck a deal with...
made popular Jun 20 2007
After grabbing world No 1 title from the renowned American automakers, Toyota adds another gem in their crown as the auto giant leads in the manufacturer...
made popular Jun 1 2007
VW Jetta will be powered by a diesel engine that claims to be the cleanest of all in the world. The announcement has been made considering the initiative of the company...
made popular May 31 2007
Following the decision of DaimlerChrysler to offload Chrysler Group, it will go back to being Daimler, and its presence in the US will minimize virtually overnight....
made popular May 16 2007
US private equity group Cerberus inched closer to acquire Chrysler, the struggling US unit of Germany’s DaimlerChrysler, reports suggest. DaimlerChrysler is...
made popular May 14 2007
German autogiant DaimlerChrysler has summoned its sold 298,000 vehicles in the US to repair defective airbags. The recall includes the entire range of 2005 Dodge...
made popular May 13 2007
United Auto Workers union President Ron Gettelfinger has expressed that he wants to keep Chrysler with Daimler, and he plans to take his case to the German...
made popular Apr 19 2007
DaimlerChrysler AG Chief Executive Officer Dieter Zetsche has said for the first time that he is negotiating the sale of Chrysler, preparing to untwist a 1998 merger....
made popular Apr 4 2007
Following Volkswagen, Ford, and DaimlerChrysler, Honda has just made a huge recall of 528,406 Chinese-made cars. It appears that there is some problem with the power...
made popular Mar 17 2007
Such promises have been made earlier by Ford too but we didn’t saw any results. Now, DaimlerChrysler has revealed its plans to develop all its future vehicles...
made popular Mar 14 2007
Chrysler has announced that it is to recall almost half a million vehicles from the market marking the second recall by the company in two weeks. The US arm of German...
made popular Mar 10 2007
The business daily Handelsblatt has reported that the German-US auto maker DaimlerChrysler is sniffing the possibility of retaining the Jeep brand if it sooner or later...
made popular Mar 2 2007
DaimlerChrysler is reportedly contemplating a potential deal with General Motors, which would involve swapping its money-losing Chrysler unit for a minority stake in...
made popular Feb 27 2007
The US investment bank, JPMorgan, advising on the future prospect of Chrysler, is expected to formally launch a £7 billion auction by sending information...
made popular Feb 19 2007
DaimlerChrysler announced to reduce its work force by 16 percent by cutting 13,000 jobs from total 83,000 employees, at its loss making U.S. unit Chrysler, and plans to...
made popular Feb 15 2007
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Stuttgart:
Juergen Schrempp, former CEO of DaimlerChrysler AG, smiles as he leaves the higher regional court in Stuttgart, Germany, Tuesday, Oct. 21, 2008, where he appeared as a witness. Shareholders of the former Daimler-Benz AG are demanding more money for...
