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How Daimler, Chrysler Merger Failed
by Lauren Woods. 0G0erman automaker Daimler-Benz and the American auto manufacturer Chrysler Group merged in 1998 for a $36 billion consideration. Now, Daimler is selling its American luxury brand for just $7.4 billion. What went awfully wrong?Automotive records re...
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Cerberus: Chrysler to Remain Intact
by Anthony Fontanelle. The Cerberus Capital Management LP met with 100 United Auto Workers (UAW) officials to assure them the automaker would remain intact. During the two-hour meeting in Detroit, Cerberus CEO Steve Feinberg told the officials who represent Chrysler's pla...
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Chrysler to Expand Global Ties
by Lauren Woods. Cut loose from its German parent DaimlerChrysler AG, the Chrysler Group intends to widen its global ties by establishing more international partnerships. The recuperating company will also push hard to slash long-term health care liabilities in fort...
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Chrysler Acquisition Marks Cerberus Expansion
by Anthony Fontanelle. After a head-to-head bidding with the renowned names in the corporate realm, the Cerberus Capital Management LP, the New York-based private equity firm, emerged as the mighty suitor. The DaimlerChrysler AG earlier announced that the private equity f...
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One Seriously Big Vehicle: Cadillac Escalade
by Anthony Fontanelle. While car buyers tend to turn away from large vehicles due to their poor gas mileage ratings, it cannot be denied that sport utility vehicles still have the most appeal to car buyers. These big vehicles have been the favorite of Americans for the l...
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Dale Jr. Penalized, Crew Chief Suspended
by Lauren Woods. After announcing that he will be leaving the team that his late father founded, Dale Earnhardt Junior made news. In fact, the most recent Nextel Cup race was overshadowed by Dale Jr.'s announcement. With the motorsport community buzzing after that...

Chrysler to Release New Ad Campaign
by Dwyane Thomas. The Chrysler Group announced earlier this week that it is giving its Chrysler brand a new ad campaign that will highlight its engineering and design. This time around, the company will launch a new tagline: "Engineered Beautifully". This is a replac...
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$7.4 Billion Sale of Chrysler to Cerberus
by Dwyane Thomas. Chrysler CEO Tom LaSorda and DCX CEO Dieter Zetsche went to Auburn Hills for a meeting that will discuss the selling of the $7.4 billion sale of Chrysler to Cerberus Capital Management, a private-equity firm. This will dissolve the 1998 merger whic...

Profit, Impending Sale for Daimlerchrysler
by Dwyane Thomas. The world's fifth-largest car manufacturer, DaimlerChrysler AG, is expected to report a net profit of four times more than the first quarter. At the same time, Chrysler Group seems to announce a painful loss regarding future sales. Based on the revi...
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Nissans New Tech Center Opened
by RyanThomas. In the race to produce green vehicles, Nissan is lagging behind its fellow Japanese firms Honda and Toyota. These two car companies are already enjoying success in the United States auto market in terms of the sale of their hybrid vehicles. The To...
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Daimlerchryslers Corporate Divorce
by Dwyane Thomas. After nine years of unprofitable merger DaimlerChrysler has finally decided to end their partnership. Daimler-Benz and Chrysler have signed their divorce papers last Monday in an auditorium at an aging Mercedes-Benz factory. The split up was deemed ...
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Daimlerchrysler Orders Nighthawk System Units
by Dwyane Thomas. Nighthawk Systems, Incorporated, a leading provider of intelligent wireless power management and emergency notification solutions has recently announced that it has received an additional order for customized wireless power control units which are t...
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Changes at Daimlerchrysler
by Dwyane Thomas. So many changes are taking place in DaimlerChrysler the maker of high quality http://www.mbpartswarehouse....
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Chrysler to be Handed to Cerberus
by Dwyane Thomas. DaimlerChrysler, the world's second largest producer of luxury cars and manufacturer of high quality Mercedes window motors has announced recently that the first quarter profit that they obtain is more t...
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Labor Leaders Argue Over Chrysler Sale to Cerberus
by Mike Bartley. Labor leaders in the United States and Canada have opposing views whether DaimlerChrysler AG's sale of a majority stake of its American division Chrysler Group to the Cerberus Capital Management LP, a private equity firm, will protect the jobs of au...
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Nissans Auto Museum: the Ginza Gallery
by RyanThomas. It is widely known that Nissan is in the auto industry a long time and through the years, Nissan has introduced some of the most memorable auto models. These vehicles are now being showcased at the company's auto museum in Tokyo. The Ginza Gallery...
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Three of Fords Vehicles Score High in Crash Tests
by Evander Klum. Ford Motors has been trying hard for the past few years to improve the quality, safety, and design of its vehicles. And just recently its 2007 Acura MDX SUV together with the 2008 Ford Taurus, and the Mercury Sable were able to obtain the Insurance ...
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Volkswagen Tsi Engine Wins Engine of the Year
by Evander Klum. Volkswagen has another reason to celebrate especially since its unique 1.4 liter TSI engine was honored with the most prestigious and fiercely competitive International Engine of the Year award for the second year in a row. The TSI was voted by a pa...
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Dcx to Sell Chrysler for $7.4b
by Mike Bartley. The DaimlerChrysler AG said Monday that it will sell 80.1 percent of its American luxury arm Chrysler Group to private equity firm Cerberus Capital Management LP for $7.4 billion. The deal is aimed at unwinding a troubled 1998 merger that was primar...
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Mercedes R-class Suv Tourer Revitalized
by Dwyane Thomas. Mercedes Benz offers several attractive enhancements on its R-Class SUV Tourer. The most attractive among the many innovations is the new seating arrangement. The R-Class line up was added with a five-seat variant and a seven-seat version. All of th...
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Mercedes Cl 65 Amg: in Depth
by Dwyane Thomas. One of Mercedes Benz's greatest offers this year is the CL 65 AMG. The car has a twelve-cylinder bi-turbo engine that features the most recent technology from the motor sport world. IT is also guaranteed that this latest offing from Mercedes Benz wi...
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Mercedes-benz Spicing Up Its R-class Lineup
by Dwyane Thomas. It can be remembered that Mercedes-Benz has launched its much-awaited line of crossover the R-Class touring vehicle in North America for model year 2006. Unfortunately it didn't turned out the way the automaker expected it would as a matter of fact ...
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Mercedes-benz Gl450 Suv: Marking a New Class on Its Own
by Dwyane Thomas. Mercedes-Benz the producer of high-quality Mercedes head gaskets has produced its first seven-seat luxury SUV and named it the GL450. The production of the GL450 also marks the beginning of a new segment. T...
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Prius Named Best-loved Car
by Mike Bartley. In the United States, it cannot be denied that the fuel miser Toyota Prius is very popular. In Europe, it seems that clean diesel technology has the edge over hybrid technology in popularity. When it comes to satisfying the needs of drivers in th...
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Mercedes-benz R-class: Made Even Better
by Dwyane Thomas. The new Mercedes-Benz R-Class is not only offering new interior features but is sporting a makeover look that is distinguished by its highly distinctive body styling package at the front and rear, 18-inch light-alloy wheels, and circular fog lamps o...
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