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Latest DaimlerChrysler AG Stories

2006-03-03 08:36:41

By Jui Chakravorty DETROIT (Reuters) - U.S. automakers plan to extend sales incentives to draw buyers into showrooms as they gear up for the start of the spring selling season, but say they will not repeat the deep-discount wars of 2005. DaimlerChrysler AG's Chrysler unit is extending an offer of no-interest financing for five years on select vehicles such as minivans, Chrysler Pacifica, Dodge Durango and Jeep Grand Cherokee through March. Chrysler is also offering 2.9 percent...

2006-03-01 12:44:06

By James Vicini WASHINGTON (Reuters) - U.S. Supreme Court justices appeared on Wednesday likely to uphold Ohio's investment tax credit program designed to encourage economic development in a case involving large tax breaks to DaimlerChrysler AG for a Jeep plant in Toledo. The justices spent most of their time during hour-long arguments questioning whether the plaintiffs even had the legal standing or right to challenge the investment tax credits. If the court decides the merits of...

2006-01-06 08:14:14

By Nick Carey CHICAGO (Reuters) - Oil prices may have dipped below record highs, but they are still steep and that, combined with changing consumer fashions, means that gas guzzling sports utility vehicles may never regain the popularity they have enjoyed for the past few years. "The debate on gas prices has accelerated the end of the life cycle for many old-style SUVs," said Jesse Toprak, senior analyst at Edmunds.com, an automotive information Web site. "But the SUV segment was...

2006-01-06 08:10:00

By Nick Carey CHICAGO -- Oil prices may have dipped below record highs, but they are still steep and that, combined with changing consumer fashions, means that gas guzzling sports utility vehicles may never regain the popularity they have enjoyed for the past few years. "The debate on gas prices has accelerated the end of the life cycle for many old-style SUVs," said Jesse Toprak, senior analyst at Edmunds.com, an automotive information Web site. "But the SUV segment was already...

2005-10-27 14:56:28

By Evelyn Leopold and Irwin Arieff UNITED NATIONS (Reuters) - More than 2,200 companies, including major concerns like DaimlerChrysler, Siemens and Volvo, made illicit payments totaling $1.8 billion to Saddam Hussein's government during the U.N. oil-for food program, a report said on Thursday. The U.N.-established Independent Inquiry Committee, led by former U.S. Federal Reserve Chairman Paul Volcker, named politicians in Russia, France, Britain, Italy and other nations who were...

2005-09-27 08:45:51

By James Vicini WASHINGTON (Reuters) - The U.S. Supreme Court said on Tuesday that it would decide the constitutionality of an Ohio investment tax credit to encourage economic development in a case involving tax breaks to DaimlerChrysler AG for a Jeep plant in Toledo. The justices agreed to review a ruling by a U.S. appeals court in 2004 that declared unconstitutional the tax credit for discriminating against interstate commerce by giving preferential treatment to investment within...

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2005-06-07 13:00:16

WASHINGTON (AFP) -- DaimlerChrysler unveiled a 'bionic' diesel-powered concept car that would vastly improve fuel economy while meeting strict pollution standards. The German-US automaker also confirmed it would be investing 40 billion dollars in North America over the next five years to introduce new models and upgrade its facilities. At a company-sponsored technology symposium in Washington, top executives of the auto giant introduced the car using a "boxfish" shape to improve aerodynamics...


Word of the Day
bibliopole
  • A bookseller; now, especially, a dealer in rare and curious books.
This word comes from a Greek phrase meaning 'book seller.'
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