Daimler CEO Dieter Zetsche told a German newspaper that they would be constructing a new car plant in Brazil.
Tags: Mercedes benz
China price regulator fines Volkswagen and Chrysler for price monopoly
China's anti-monopoly regulator on Thursday announced its first-ever punishment of foreign carmakers for price-fixing, fining Volkswagen AG and Fiat's Chrysler a combined $46 million.
Audi expects to sell more than 1.7 mln cars in 2014 - CEO
Premium car maker Audi expects to sell more than 1.7 million cars in 2014 even as sales momentum in some emerging markets slows, Chief Executive Rupert Stadler said.
Deepening rivalries test German luxury car dominance
Berlin-based PR executive Herbert Franz should be a soft target for German luxury automakers - his last car was a BMW (BMWG.DE) X3 - but he can't wait to leave them behind.
Apple launches CarPlay feature for in-car iPhone use
Cupertino, US-based tech giant Apple launched its new CarPlay feature for safer in-car iPhone use, which will be integrated first into Ferrari, Mercedes-Benz, and Volvo vehicles.
Latest News
Daimler announced that it had appointed the new head for the company's luxury car division, AGM unit.
German car manufacturer Daimler Mercedes-Benz planned to increase the number of its dealer outlets in China to get a bigger share of the world's largest auto market.
Microsoft Ventures opened in Berlin. Berlin was considered by investors as a startup haven, home to a booming startup scene due to an influx of large companies pouring investments.
