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Latest Mercedes Stories

2010-04-01 14:48:00

STUTTGART, Germany, April 1 /PRNewswire-FirstCall/ -- Daimler AG (stock exchange abbreviation DAI) announced today that it has reached a settlement of the U.S. Securities and Exchange Commission ("SEC") and the U.S. Department of Justice ("DOJ") investigations of violations of the Foreign Corrupt Practices Act (FCPA). Under the terms of the settlements, Daimler will pay a fine of USD 93.6 (approx. EUR 70) million and civil disgorgement of profits of USD 91.4 (approx. EUR 68) million....

2010-04-01 12:32:00

NEW YORK, April 1 /PRNewswire-FirstCall/ -- Daimler AG (stock exchange abbreviation DAI) today reported U.S. sales of 20,700 Mercedes-Benz and smart vehicles. All sales figures in this release are on an unadjusted basis unless otherwise noted. Mercedes-Benz USA (MBUSA) today reported March sales of 20,023 vehicles, up 28.3%, propelling the company to a 25.7% increase for the first quarter. Healthy demand in both the Mercedes passenger car and light-truck categories fueled the increase...

2010-03-19 03:30:00

BERLIN and STUTTGART, Germany, March 19 /PRNewswire-FirstCall/ -- Daimler AG (NYSE: DAI) and the consortium of private and public-sector investors have confirmed to continue the agreement reached on February 9, 2007 concerning the equity interests and voting rights in the European Aeronautic Defence and Space Company (EADS). At Germany's Federal Chancellery on March 16, 2010, Daimler and the investors stated their willingness to continue the existing agreement without any changes....

2010-03-19 02:30:00

STUTTGART, Germany, March 19 /PRNewswire-FirstCall/ -- The Board of Management of Daimler AG (NYSE: DAI) has made the following personnel decisions: Volker Mornhinweg (50), currently managing director of Mercedes-AMG GmbH in Affalterbach, Germany, will take over as head of the Mercedes-Benz Vans division effective April 1, 2010. He is succeeding Dr. Wolfgang Bernhard, who was appointed as a Member of the Board of Management of Daimler AG in February 2010. In his new position, Mornhinweg...

2010-03-03 08:31:00

STUTTGART, Germany, March 3 /PRNewswire-FirstCall/ -- The Supervisory Board of Daimler AG has nominated Dr. Paul Achleitner as a candidate for membership of the Supervisory Board representing the shareholders. Achleitner will be available for election at Daimler's Annual Meeting to be held in Berlin on April 14, 2010. Arnaud Lagardere, a member of the Supervisory Board since 2005, has decided not to stand for reelection. (Logo: http://www.newscom.com/cgi-bin/prnh/20080409/NYW017LOGO )...

2010-03-03 08:15:00

STUTTGART, Germany, March 3 /PRNewswire/ -- Daimler AG filed its 2009 Annual Report on Form 20-F with the U.S. Securities and Exchange Commission on March 3, 2010. The report, which includes the company's audited consolidated financial statements for the year 2009, is also available on its Internet website at www.daimler.com/ir/reports. (Logo: http://www.newscom.com/cgi-bin/prnh/20080409/NYW017LOGO ) Shareholders may request a copy of the report free of charge by contacting Daimler AG,...

2010-03-03 05:15:00

FARMINGTON HILLS, Mich., March 3 /PRNewswire/ -- Mercedes-Benz Financial is now the first automotive financial services company to expand personalized and convenient account management features to all of its customers using smartphones like BlackBerry®, Droid ®, and other mobile devices with internet capability. To view the multimedia assets associated with this release, please click: http://multivu.prnewswire.com/mnr/mercedes-benzfinancial/42508/...

2010-03-02 12:51:00

NEW YORK, March 2 /PRNewswire-FirstCall/ -- Daimler AG (stock exchange abbreviation DAI) today reported U.S. sales of 15,827 Mercedes-Benz and smart vehicles. All sales figures in this release are on an unadjusted basis unless otherwise noted. Mercedes-Benz USA (MBUSA) today reported February sales of 15,385 vehicles, an 8.4% improvement over February 2009 and a 24 percent increase on a year-to-date basis. 14,870 passenger cars, light trucks and 515 Sprinter vans are included in this...

2010-02-17 12:31:00

STUTTGART, Germany, Feb. 17 /PRNewswire-FirstCall/ -- In its meeting today, the Supervisory Board of Daimler AG (stock exchange abbreviation DAI) extended the contract of Dr. Dieter Zetsche, Chairman of the Board of Management of Daimler AG and Head of Mercedes-Benz Cars, until December 31, 2013. The contract of Dr. Thomas Weber, Board of Management Member for Group Research and Mercedes-Benz Cars Development, was also extended until December 31, 2013. Furthermore, the Board of Management...

2010-02-05 11:58:00

STUTTGART, Germany, Feb. 5 /PRNewswire-FirstCall/ -- Daimler AG (stock-exchange abbreviation DAI) intends to appoint Dr. Wolfgang Bernhard as a full member of the Board of Management of Daimler AG. In this context, following consultations with the Presidential Committee of the Supervisory Board, the Chairman of the Supervisory Board of Daimler AG, Dr. Manfred Bischoff, will propose to the entire Supervisory Board that the Board of Management of Daimler AG should be enlarged. Dr. Bernhard is...