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Mercedes S-Class production increased to meet demand
Thu, 19 Dec 2013Mercedes S-Class production increased We’ve reported recently on the strong sales Mercedes is enjoying with the new A-Class (and its swoopy-coupe sibling CLA), but it’s not just Mercedes compact cars that are flying out of showrooms. Mercedes has revealed it’s having to increase production at its plant in Sindelfingen by prolonging shifts by 74 minutes (after increasing them by 30 minutes earlier this year) in order to churn out enough S-Class cars to meet strong demand. But it’s not just the S-Class (as well as the A-Class cars) that are selling strongly, Mercedes are also upping production at Bremen to build more GLK and C-Class models.
Daimler agrees to unload remaining Chrysler stake
Mon, 27 Apr 2009Daimler AG announced today that it has reached an agreement to unload its remaining 19.9 percent stake in Chrysler LLC. "Daimler's remaining 19.9 percent shareholding in Chrysler will be redeemed, and Daimler will forgive repayment of the loans extended to Chrysler, which were already written off in the 2008 financial statement," Daimler said in a prepared statement. All told, Daimler will write off $700 million as a result of the deal, according to the statement.
Stirling Moss bags an Aston Martin Cygnet for ‘er indoors
Tue, 12 Jul 2011Sir Stirling & Lady Moss with Susie's new Aston Martin Cygnet It’s much easier to have a good life when you’ve got the support of an exceptional other half. Just ask Sir Stirling Moss, who’s just surprised ‘er indoors – Susie, Lady Moss – with an Aston Martin Cygnet for her birthday. The planning for the surprise gift from Motorsport’s greatest living icon to the love of his life took six months of planning between Sir Stirling, Aston Martin and the RAC Club.