MercedesBenz USA News

Daimler AG has unveiled the newest version of its S-Class model from luxury brand Mercedes-Benz, a car that will play a key role in the company's effort to restore its earnings performance.

DAIMLER AG's Mercedes-Benz brand beat sales growth at larger German luxury-carmaking competitors Bayerische Motoren Werke AG and Audi AG last month as new versions of its A- and B-Class compacts attracted buyers.

Daimler AG, which develops, manufactures and distributes a range of automotive products, has decided to expand the Mercedes-Benz Cars powertrain production network.

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German automaker Daimler AG has begun a trial production at its first overseas engine plant in China ahead of its full operation scheduled for later this year.

Daimler AG spokeswoman, Silke Walters, confirmed that the German manufacturer of Mercedes-Benz luxury autos, is in early talks with Aston Martin on supply and technical-cooperation agreements.

Daimler AG, the German manufacturer of Mercedes-Benz luxury autos, is in early talks with Aston Martin on supply and technical-cooperation agreements as the U.K. sports-car maker seeks to reduce spending on developing models.

Daimler India Commercial Vehicles Pvt Ltd, the Indian subsidiary of German automobile maker Daimler AG, will soon start rolling out FUSO range of trucks belonging to Japanese Mitsubishi FUSO Truck and Bus Corporation - from its plant near here as part of the parent company's Asian strategy.

's stock had its "sell" rating reaffirmed by S&P Equity Research in a research note issued on Friday, Analyst Ratings Network.com reports.

Net profit fell 3 percent to 1.312 billion euros. Revenues fell 4.1 percent to 17.55 billion euros.

Daimler AG 's Mercedes-Benz extended its lead over Bayerische Motoren Werke AG 's BMW in U.S. luxury sales, as increases were reported for some pricier models, a sign wealthier consumers are more confident with the economic recovery.

Daimler AG and Renault SA said they are holding discussions to build a large van together as part of a possible expansion of their existing partnership.

Daimler India Commercial Vehicles Pvt. Ltd is a wholly owned subsidiary of Daimler AG and Mitsubishi Fuso Truck and Bus Corporation , which today itself has confirmed that Daimler Truck operations has been established as the No.

Daimler AG, the world's third-largest maker of luxury vehicles, last week cut its 2013 profit forecast after first- quarter earnings tumbled more than expected.

's stock had its "hold" rating restated by analysts at Societe Generale in a research report issued to clients and investors on Thursday, Analyst Ratings.Net reports.

On Monday, April 22, the United States Supreme Court agreed to hear DaimlerChrysler AG v. Bauman , which asks whether a foreign parent corporation can be subject to suit in the United States for wrongs allegedly committed by a foreign subsidiary, based on the foreign parent's relationship with a separate, non-party U.S. subsidiary.

Daimler AG opened at 53.65 on Friday. Daimler AG has a 1-year low of $41.39 and a 1-year high of $61.25. The stock's 50-day moving average is currently $55.80. The company has a market cap of $57.276 billion and a price-to-earnings ratio of 7.26. Other equities research analysts have also recently issued reports about the stock.

Daimler AG said Thursday it has established a truck and bus unit in China to help boost its commercial vehicle business in that country.

Daimler AG, the German maker of luxury cars, on Wednesday announced it will invest more than 300 million in building transmission components at the site of Star Transmission, an existing joint venture in Cugir, central Romania.

A man unloads Volkswagen cars at Portslade near Brighton in southern England April 24, 2013.