Car Chute

FRANKFURT (Reuters) – Daimler’s flagship luxury brand Mercedes-Benz expects it will at least keep pace with the 15-20 percent growth of the overall premium car market in China this year, its chief executive said.

China is the key growth driver for companies like BMW and Mercedes. Volkswagen’s Audi counts China as its single largest market, responsible for a quarter of its volumes.
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BEIJINGApril 16 (Xinhua) — Mercedes-Benz China will recall vehicles with faulty automatic gearboxes, the country’s consumer quality watchdog said on Monday.
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NEW YORK – The 2012 New York International Auto Show started here Friday, showcasing more than 1,000 car varieties, including the world’s first flying car.
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Stuttgart (dpa) – Mercedes-Benz’s new hybrid E Class will go on sale in Germany in both saloon and estate version from this autumn, marking a first for the Stuttgart-based manufacturer. The T-badged estate car will be the first diesel-electric shooting brake to debut at home and Mercedes-Benz is hailing both variants of the E300 BlueTech hybrid as the most economical luxury-class vehicles in the world.
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BEIJING (Reuters) – Nissan Motor and Dongfeng Motor Group Co will spin off the heavy truck segment of their China venture to Dongfeng’s state parent, paving the way for local production of Renault and Infiniti cars as well as a possible new Dongfeng-Volvo truck tie-up, Chinese media reported on Monday.

Nissan’s passenger car business in the venture will remain intact, as will its light commercial truck production with Shanghai-listed Dongfeng Automobile Co, sina.com said citing unspecified sources.
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FRANKFURT, Germany (AP) — The CEOs of Daimler AG and Renault-Nissan are saying that their 18-month old strategic partnership is going so well it could be expanded.
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HAUPPAUGE, N.Y.–(BUSINESS WIRE)–SMSC (NASDAQ: SMSC), a leading semiconductor company enabling content rich connectivity systems, today announced that the Media Oriented Systems Transport (MOST®) networking technology, the accepted standard for high bandwidth infotainment networking in the car, has been selected as the backbone of the infotainment system for Daimler’s new Mercedes-Benz M-Class model. Its proliferation, which started with the previous M-Class, is now entering the second round.
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NEW YORK /PRNewswire/ — Derek Lam, the designer and brand known for its understated luxury, refined cuts, and bold silhouettes, receives the distinguished title of “Mercedes-Benz Presents” designer for this season’s Mercedes-Benz Fashion Week Spring/Summer 2012 Collections, which kick off this week. The Derek Lam runway show is being held on Sunday, September 11, 2011 at Lincoln Center, home of Mercedes-Benz Fashion Week.
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BERLIN (Xinhua) — The world leading luxury automobile producer Daimler got a strong boost in demand from domestic market in August, with its sales volume of Mercedes-Benz cars keeping on rise.

The sales of Mercedes-Benz cars totaled up to 87,384 in numbers in August, 2011, up by 7.9 percent year-on-year.
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FRANKLIN, Tenn., /PRNewswire/ — The results are in.  After the first month of availability of the all-new 2012 Nissan Versa Sedan, the best-selling subcompact in America outsold all other sub-compacts, extending its dramatic year-to-date lead in the hotly contested and growing small car segment.  Versa sales in August of 8,566 units bested all competitors, including Chevrolet Aveo, Ford Fiesta, Honda Fit, Hyundai Accent, Mazda 2 and Toyota Yaris. Read more…

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