Tesla Motors, which went public with much fanfare last June, nearly tripled its losses for 2010 as it invested heavily to engineer and get ready for producing the Model S, its second offering and the first that targets a broade…
With few exceptions, investors should run screaming from any stock quoted on the Pink Sheets. But not every over-the-counter stock is a dud. In fact, some of them are top-notch global companies. Here are some major companies li…
German automaker Daimler has won its appeal of a court ruling that would have required the German automaker to pay $324 million to former Daimler-Benz shareholders who claimed they weren’t adequately compensated in the $36 bil…
Daimler AG (DDAIF) is recalling about 85,000 Mercedes-Benz cars in the U.S. to adjust their power-steering systems.
The adjustment is aimed to prevent the loss of power steering fluid, The Wall Street Journal said, citing a statement on the website of U.S. traffic authority NHTSA.
The recall affects the Mercedes 2010 C-Class and the 2010 and 2011 E-Class Coup and Cabriolet models….
Continue reading Daimler Will Recall 85,000 Mercedes Cars in the U.S.
Daimler Will Recall 85,000 Mercedes Cars in the U.S. originally appeared on DailyFinance on Mon, 11 Oct 2010 07:18:00.
Filed Under: Company News, Technology, Autos
Luxury carmakers BMW and Mercedes-Benz forecast vigorous fourth quarter sales on growing demand from China.
BMW said it expects a “double-digit” percentage rise in fourth quarter deliveries, Bloomberg News said. Mercedes said it was “very confident” about continuing growth in the final three months of 2010.
“We expect sales to increase particularly rapidly in Asia, especially in…
Continue reading Luxury Carmakers Predict Strong Fourth Quarter
Luxury Carmakers Predict Strong Fourth Quarter originally appeared on DailyFinance on Fri, 08 Oct 2010 07:15:00.
Filed Under: Company News, Technology, Autos, Retail