Volkswagen AG is bidding 6.7 billion euros ($9.2 billion) for the rest of Scania AB to restart a stalled plan to create a global heavy trucks unit that can compete with industry leaders Daimler AG and Volvo AB.
Daimler AG Chief Executive Officer Dieter Zetsche in early 2013 had to face down critics to hang onto his job. A year later, his strategy is gaining traction, with Mercedes-Benz closing the gap with bigger German rivals.
European cocoa-bean processing may have been bigger than reported in the third quarter because Fuchs & Hoffmann GmbH, a grinder in Germany that provided no figures for the period, was processing at full capacity.
Christoph Meier, a sound engineer at Mercedes-Benz parent Daimler AG, typically spends time making engine noise less jarring. For the carmaker’s new electric models, he’s had to do the opposite -- create sound.
Mercedes-Benz gained ground for a fourth consecutive month against larger luxury-car competitors Bayerische Motoren Werke AG and Audi as the CLA coupe fueled demand for the German company’s compact models.
To avoid the fate of other slow- selling electric vehicles, Bayerische Motoren Werke AG will offer the new i3 -- a battery-powered compact car -- with a unique option: the use of a sport-utility vehicle.
On a newly constructed bridge at Porsche AG’s growing factory in eastern Germany, a worker put up a handmade sign this summer with a tongue-in-cheek notice saying “Access to the West,” echoing Cold War language that once marked the former-communist region’s borders.