Latest Dieter Zetsche News

German automaker Mercedes opens new Russia factory

Apr. 3, 2019 9:05 AM EDT

BERLIN (AP) — Germany's Daimler AG has opened a new Mercedes factory in Russia, part of a 250 million euro ($281 million) investment it says will create 1,000 jobs. CEO Dieter Zetsche said Wednesday the Moscow-area plant will produce Mercedes sedans and SUVs for the local market, and is part of a strategy...

Germany's Daimler, China's Geely join forces on Smart brand

Mar. 28, 2019 10:36 AM EDT

BERLIN (AP) — German automaker Daimler and China's Geely, its largest single shareholder, said Thursday that they are setting up a joint venture to develop and operate Daimler's Smart compact car brand worldwide as an all-electric car. The two companies said the 50-50 joint venture should be finalized by...

The Latest: VW gives dune buggy an electric makeover

Mar. 5, 2019 7:02 AM EST

GENEVA (AP) — The Latest on the Geneva auto show (all times local): 1:00 p.m. Volkswagen is giving the renowned dune buggy a makeover for a digitized and environmentally-conscious era, presenting a noise- and pollution free concept car billed as just as much fun in the sands as its petrol-powered...

BMW, Daimler: You can trust us with car-sharing data

Feb. 22, 2019 10:53 AM EST

FRANKFURT, Germany (AP) — Automakers Daimler and BMW say that trustworthy handling of personal data will be a key competitive advantage in their new joint venture that offers app-based services like free-floating car-sharing in big cities. The two competitors for luxury car customers said Friday they are...