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The Mercedes-Benz maker makes the disclosure as it announces declining quarterly earnings.
Jim Cramer answers viewer questions from the floor of the New York Stock Exchange, including advice on not rushing into the market looking for bargains amid a selloff.
Jim Cramer says don’t rush into the stock market in Monday's trading session looking for bargains in the midst of a selloff.
The German automaker says 11 million diesels sold worldwide contain software to mislead regulators.
Advanced automotive technology in models such as the new Opel Astra and the battery-powered Porsche Mission E dominate the attention at the 66th Frankfurt Auto Show.
A German automobile consortium has driven off with a key prize in the race for self-driving car technology, paying $3.1 billion for telecom-equipment maker Nokia's Here Communications mapping division.
The EPA has its own ideas about which cars have put up the most miles per gallon, but U.S. drivers have pushed certain vehicles to amazing mileage.
A robot truck corridor crossing Canada, USA and Mexico has been proposed. Trucking will impact society dramatically as the first industry where the public gets visibility to robotics.
Software and wireless solutions are disrupting many global industries, and there's no better indication of that than the robust enthusiasm for the connected marketplace.
An activist investor is calling for changes in the board.
The Jaguar XJL is a good alternative to Mercedes S550, BMW 750 and Lexus LS for the back seat rider, whether CEO or head of state.
The New York Auto Show wasn't all about super-luxury and high-end performance cars.
When Daimler exported its popular Sprinter van to the U.S., it used some legal trickery to dodge a 25% U.S. tariff. Now instead, they'll be built in South Carolina.
Plug Power is down since early 2014, but not out. The prospects for the industry seem bright.
Mercedes' in-house futurist made a perfect call on the key 2014 trends driving U.S. auto sales: gasoline prices and SUVs vs. hybrids.
U.S. stock futures point lower; Yahoo! reports sharply better-than-expected earnings; Boeing and AT&T to post earnings reports; J&J to begin testing Ebola vaccine.
European stocks are mixed on Wednesday as investors digest a fresh batch of corporate earnings,
AAA study found driver distraction rates for dashboard units were low-to-high. Apple Siri even higher.
Mercedes Chief Deiter Zetsche says he is 'relaxed' about retaining the number one spot as the top U.S. luxury automaker in 2014.
Mercedes Benz may be a name that has become synomymous with luxury, but its futures may be built on its ability to penetrate new segments of the car market.
U.S. travelers hate driving and keep getting pinched by fuel prices. This mix of vehicles increases comfort and, in many cases, decreases the number of gas stops.
The Nissan LEAF has been improved a lot, and now offers superb quality feel and usability. Small wonder it is the best-selling electric car.
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