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Daimler is recalling more than 6,000 of its new Mercedes-Benz A-Class hatchbacks because of problems with the passenger airbag.The company said on Tuesday that about 6,000 cars in Germany alone are affected, plus an unquantified figure outside its domestic market.The recall is a blow for Chief Executive Dieter Zetsche, given that last year's launch of the new family of compact cars was a major plank in his strategy of reclaiming ground lost to rivals BMW and Audi ."The market launch in Germany was in September of last year. In other European markets it was launched much later, so the overall number won't be that much higher," a Daimler spokesman said of the recall.In certain cases it is possible that the airbag would not deploy properly in the case of an accident, he said, confirming a report in German magazine Auto Motor und Sport.The Daimler spokesman said the problem arose at a supplier, adding that no Mercedes customers have been hurt as a result.(Reporting By Christiaan Hetzner; E...
Employees of Daimler AG (DAI.XE) will receive smaller bonuses this year, the auto maker said Friday, reflecting the company's decline in profitability last year.More...
International companies trading in New York closed sharply higher Tuesday after the Dow Jones Industrial Average surged to a new record.The Bank of New York index of...
Europe's ailing car market has weakened further in recent months; and with no signs of recovery, some industry leaders hope governments will relax their opposition t...
Daimler AG (DAI.XE) continues to expand, despite shrinking demand for cars, the company's chief executive officer, Dieter Zetsche, said on the sidelines of the Genev...
Embattled Daimler AG boss Dieter Zetsche will this week defend his strategy - and his job - by unveiling a new Mercedes seen as key to the premium carmaker's turnaro...
Daimler AG (DAI.XE) Chief Executive Dieter Zetsche received less in overall compensation for 2012, the auto maker said Monday, after reporting a decline in profitabi...
Daimler extended the contract of its chief executive by only three years in a gesture to investors concerned that rival premium carmakers are winning the race for gl...
German car maker Daimler AG (DAI.XE) said Thursday Dieter Zetsche will remain the company's chief executive for three more years and it swapped the responsibilities ...
Daimler AG (DAI.XE) Thursday said it expects operating profit from ongoing business to stagnate this year with weak development of major markets in the first half an...
Daimler AG (DAI.XE) Thursday said it expects operating profit from ongoing business to stagnate this year with weak development of major markets in the first half an...
Daimler's supervisory board will extend the contract of Chief Executive Dieter Zetsche later this month by five years until the end of 2018, a source familiar with t...
German car maker Daimler AG (DAI.XE) said Friday it will take a 12% stake in BAIC Motor, the passenger car unit of Beijing Automotive Group, or BAIC.MAIN FACTS:- The...
How many Mercedes staff does it take to sell a car? The answer, in the luxury carmaker's German showrooms, is more than it takes to shift an Audi - just part of the ...
German automaker Daimler is recalling 3,500 Mercedes-Benz Citan vans in Europe because of faulty airbags.A company spokesman said on Monday that window airbags will ...
Daimler AG (DAI.XE) said Wednesday its earnings will fall this year, missing its earlier expectations of a steady performance, as the continuing slump in demand for ...
German premium carmaker Daimler said it might cut its 2013 profit expectations this month, sparking sharp criticism from shareholders gathering for Wednesday's annua...
BERLIN, April 10 (Reuters) - German premium carmaker Daimler is likely to cut its profit expectations for the year, after it said on Wednesday that its core European...
Daimler AG (DAI.XE) Chief Executive Dieter Zetsche said Wednesday European vehicle demand was weaker than expected in recent months and no recovery is visible."Many ...
Daimler AG (DAI.XE) Chief Executive Dieter Zetsche said Wednesday European vehicle demand was weaker than expected in recent months and no recovery is visible."Many ...
