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Wednesday, April 7, 2010 as of 11:14 AM ET

Mercedes-Benz

Mercedes-Benz

Mercedes-Benz () is a multinational division of the German manufacturer Daimler AG, and the brand is used for automobiles, buses, coaches, and trucks.

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Valets Gone Wild: Who Pays?

You probably hand over your keys to the parking garage attendant without a thought.

But maybe you shouldn't.When a Cocoa, Fla., parking-lot owner was caught recently on camera joy riding in a customer's fire-engine-red 2012 Corvette convertible, the TV footage went viral.Reporters at WFTV-9 in Orlando, Fla., heard that valets at the cruise-ship parking lot had been having fun driving customers' vehicles. So the station set up a sting, sending a couple of "customers" to leave a rented 430-horsepower, $60,000 Corvette at the lot.The lot's owner and employees drove the car 61 miles down highways and dirt roads, unaware their joy riding was caught on camera. Video shows the lot's owner parking the 'Vette at Applebee's for dinner, using it to haul lumber from Ace Hardware, leaving it overnight at his home and even letting a small dog scrabble around on the car's exterior. Confronted by a reporter, though, the man denied he'd used the car.The lot appeared to have shut down soon after the inc...

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  1. Mercedes-Benz China Sells 15,860 Vehicles In April, Down 8%

    Daimler AG's (DAI.XE) Mercedes-Benz said Wednesday that passenger car sales in China totaled 15,860 vehicles in April, down 8% from a year earlier.Sales of Mercedes-...

  2. Buffett, Gates and Munger Talk Energy, Business School

    Weekend With Warren: Berkshire Hathaway’s Warren Buffett and Charlie Munger and former Microsoft CEO Bill Gates discuss the future of energy and whether Americans need to go to business school.

  3. Simple tips on how to gain control over your finances

    Danny Kofke shows how to live wealthy with little money

  4. Mercedes-Benz April Car Sales Rise On North America Demand

    Daimler AG's (DAI.XE) Mercedes-Benz Cars division said Friday global sales rose 3.5% on the year in April to 113,901 vehicles, driven by strong demand in North Ameri...

  5. BMW, Porsche Profits Rise On Higher Sales

    BMW earnings beat analysts expectations-BMW sticks to 8%-10% profit margin range-Porsche first-quarter sales up 29%FRANKFURT -(Dow Jones)- BMW AG (BMW.XE) and Porsch...

  6. BMW Profit Beats Estimates As Vehicle Sales Surge

    BMW AG (BMW.XE) Thursday posted higher-than-expected earnings for the first quarter fueled by higher sales, but stuck to its conservative profit guidance for 2012 am...

  7. The Case for and Against Buying a Diesel Car

    Pros and Cons of Diesel CarsLike soccer, diesel cars are a worldwide phenomenon that Americans just don't get.In Europe, more than 50% of new cars sold have diesel e...

  8. German Metal Workers Strike For Second Day, Vow Bigger Walkouts

    German engineering and metal workers staged "warning strikes" for a second day running and plan more walk-outs Wednesday after rejecting a management pay offer as in...

  9. Daimler Extends Contract Of Board Member Wolfgang Bernhard

    German auto maker Daimler AG (DAI.XE) said Friday it extended the contract of management board member Wolfgang Bernhard until Feb. 28, 2018."We look forward to conti...

  10. Daimler Profit Rises On Vehicle Sales But Costs Weigh

    German auto maker Daimler AG (DAI.XE) Friday posted higher first-quarter net profit due to rising vehicle sales, lower interest charges and a favorable tax rate, but...

  11. Daimler Net Profit, Revenue Seen Higher As Vehicle Sales Rise

    Daimler AG (DAI.XE) is expected Friday to post higher revenue for the first quarter on rising vehicle sales, but earnings before interest and tax are expected to dec...

  12. Audi Eyes Record China, US Sales As Luxury-Car Boom Continues

    INGOLSTADT, Germany -(Dow Jones)- German luxury-car maker Audi AG (NSU.XE) is hopeful of reaching 700,000 annual car sales in China earlier than anticipated and aims...

  1. BMW To Boost China Investment, Opens New Plant In Shenyang

    SHENYANG, China -(Dow Jones)- BMW AG (BMW.XE) and its joint-venture partner Brilliance China Automotive Holdings Ltd. (1114.HK) will together invest an additional EU...

  2. Facebook's IPO Millionaires Begin Spending Spree

    Facebook's $104 billion initial public offering on Friday transformed thousands of young people into instant millionaires – as well as a few billionaires – and alrea...

  3. BMW Keeps 2012 Targets As Economic Risks Persist

    BMW AG (BMW.XE) Wednesday said it sticks to its sales and profit targets for 2012, but warned the European sovereign-debt crisis continues to bear risks for the glob...

  4. Mercedes-Benz India Introduces M-Class SUV As Competition Intensifies

    Daimler AG's (DAI.XE) Mercedes-Benz unit Tuesday introduced the third-generation model of its M-Class sport-utility vehicle in India amid intensifying competition fr...

  5. Would You Change Banks for a Mercedes?

    It's nothing new for banks to offer gifts to new customers -- a free toaster is the age-old example. However, a bank in Florida has come up with something a little s...

  6. Nissan To Outsource New Infiniti Model To Magna

    For the first time ever, Nissan Motor Co. will outsource production of one of its Infiniti models, contracting Canada's Magna International Inc. to built a new model...

  7. Porsche To Launch Smaller Panamera Version By 2017 - Report

    Porsche Automobil Holding SE's (PAH3.XE) sportscar unit plans to launch a small coupe based on its Panamera model by 2017 with prices starting at EUR65,000, weekly A...

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