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Daimler AG (Wikipedia.org)

Daimler AG ( ) (formerly DaimlerChrysler AG) is a German car corporation and the world's thirteenth largest car manufacturer. By revenue it is the largest German company. As well as automobiles, Daimler manufactures trucks and provides financial services through its Daimler Financial Services arm. The company also owns major stakes in aerospace group EADS, auto engineers McLaren Group, Japanese truck maker Mitsubishi Fuso Truck and Bus Corporation and US automaker Chrysler Holding LLC.

DaimlerChrysler was founded in 1998 when Mercedes-Benz manufacturer Daimler-Benz (1926-1998) of Stuttgart, Germany merged with the US-based Chrysler Corporation. The deal created a new entity, DaimlerChrysler. However, the buyout failed to produce the trans-Atlantic automotive powerhouse dealmakers had hoped for, and DaimlerChrysler announced on 14 May 2007 that it would sell Chrysler to Cerberus Capital Management of New York, a private equity firm that specializes in restructuring troubled companies, effectively unwinding the original transaction. On October 4, 2007 a DaimlerChrysler Extraordinary Shareholders' Meeting approved the renaming of the company. From October 5, 2007, the company has been titled Daimler AG. The US company adopted the name Chrysler LLC when the sale completed on 3 August 2007.

Daimler produces cars and trucks under the brands of Mercedes-Benz, Maybach, Smart, Freightliner and many others.

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Insight on a new concept of cars on demand, with Nicholas Cole, president and CEO of Daimler's Car2go.
6 days ago
MSN Video
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Der Autobauer Daimler will in der Motorsportserie Formel 1 mehr Gas geben und ab 2010 mit einem eigenen Team starten. Zusammen mit dem arabischen Großaktionär Aabar übernehme Mercedes-Benz die ...
1m 56s |
6 days ago
Faz(Germany)
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Mercedes maakte maandag bekend dat het de renstal van Brawn GP heeft overgenomen. Bovendien blijft het Duitse automerk de motoren leveren aan het team van McLaren. De overname wordt niet door ...
6 days ago
de Volkskrant
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Daimler CEO Dieter Zetsche speaks with Dow Jones Newswires' Simon Constable and WSJ's Neal Boudette. He says a slow, but lasting auto recovery is under way.
4m 37s |
a week ago
The Wall Street Journal
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3 Nov 09: Business Bullet PM: RBS shares fall, Currency watch after Lisbon news, Legal & General sales down
2 weeks ago
Telegraph newspaper online
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Mercedes to unveil 'green' cars at auto show. Daimler Chairman of the Board Dr. Dieter Zetsche on its new line of environmentally-friendly cars.
5m 25s |
2 months ago
FOX Business
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Luxury auto makers are not immune to the struggles faced by their lower-cost counterparts, with Ernst Lieb, Mercedes-Benz USA CEO and CNBC's Maria Bartiromo.
2 months ago
MSN Video
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By News Wires (text)
EADS' shares rose by as much as 7% on its first half profits announcement Tuesday after the firm hiked cash forecasts. Its two biggest shareholders, Daimler and Lagardere, also announced they had ...
3 months ago
France 24
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