In reorganising cooperation with Tesla Motors, Daimler AG (DAI) has sold its stake of about 4% in Tesla. Cooperation between both partners on automotive projects is unaffected, and work on Mercedes-Benz B-Class Electric Drive is complete.
Smart ForTwo electric drive version goes drag racing against three of fastest cars in the world, including Ford Mustang and Porsche Boxster.
17-19 July 2014 saw 2,380 smart fans from 31 countries come together to celebrate the largest international smart event worldwide in Portugal, an annual event.
Daimler’s fully owned subsidiary, Smart has officially unveiled 2015 ForTwo and ForFour micro city cars, both of which will go on sale later this year in Europe. Revealed officially in hi-res photos and videos, the new Smart city cars will go on sale at the same price as old variant (ForFour will cost â‚¬600 ~ Rs 50k more over same spec ForTwo).
Renault-Nissan Alliance and Daimler AG have now announced joint development of premium compact vehicles and joint production in Mexico in expanding their cooperation. Renault-Nissan CEO Carlos Ghosn and Daimler CEO Dieter Zetsche announced the 50:50 JV earlier today.
Brokerage firm Sanford C. Bernstein has revealed a list of top 10 money losers in the auto world across Europe. This list features 10 cars, which are, Smart ForTwo, Fiat Stilio, Volkswagen Phaeton, Mercedes Benz A Class, Bugatti Veyron, Jaguar X Type, Renault Laguna, Audi A2, and Renault Vel Satis.