Daimler AG buys stake in engine manufacturer – Tognum

mercedes tognum logo
Daimler AG aims to acquire 22.3% equity interest in Tognum AG, a global leading producer of off-highway engines. Daimler will be shelling out €20 per share. On this basis, the purchase price would be approximately €585 million ($904.7 million), making Daimler the largest shareholder in Tognum.

Tognum is one of the leading suppliers of high-speed, powerful diesel engines and complete propulsion systems for ships, heavy agricultural and rail vehicles, industrial drive systems and on-site power generators. Tognum will allow Daimler to tap into alternative power propulsion systems. This is definitely going to be an interesting partnership, let’s see how it turns out.

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Count Down to its debut…

motori398g 2 448x235 Count Down to its debut...

As more and more images of the new 2010 E Class surfaced, here are a couple of shots indicating as to how the exterior will look like. The interior shots (from AutoExpress) closely depicts our earlier insider’s scoop of the design, functions and materiality of the upcoming product. It wouldn’t be long before more camo comes loose to reveal more of the car’s bodywork and light designs.

From these shots, we can see clearly the bumper treatment and faint outline of the front and tail-light shapes. Under the plastics, the headlights look as a cross between the CLS & SL.

Photos and key highlights after the jump!

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Roger Federer and Mercedes-Benz Announce a Strategic Partnership in China

Roger Federer Tennis Player
Mercedes-Benz announced today that they have signed a multiyear advertising and marketing partnership with the No 1 tennis player in the world – Roger Federer. Roger will join the “Swing for the Stars” program, part of the ‘Junior Tennis Development Program’ that Mercedes launched in partnership with the China Tennis Association. Mercedes-Benz “Swing for the Stars” Junior Tennis Development Program is designed to improve junior players’ skills and the coaches’ teaching level.

Roger: “It’s exciting to work with a top brand like Mercedes-Benz in China. I look forward to helping them grow their business while increasing the popularity of tennis in China,”

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Daimler achieves EBIT of $3 billion in first quarter of 2008

daimler logo daimler ag logo 448x93 Daimler achieves EBIT of $3 billion in first quarter of 2008
Daimler AG today presents its interim report on the first quarter of 2008. Daimler achieved EBIT (Earnings before interest and taxes) of €1,976 million ($3.082 billion) in the first quarter (Q1 2007: €3,292 million).
The Mercedes-Benz Cars division improved its EBIT and thus compensated for the lower earnings recorded by Daimler Trucks and Daimler Financial Services.

Earnings decreased primarily because EBIT in the first quarter of 2007 included a special gain of €1,563 million related to the transfer of EADS shares. In the first quarter of 2008, special gains were realized in connection with the sale of the real-estate properties at Potsdamer Platz (€449 million) and in connection with the transfer of EADS shares (€102 million). There were opposing effects from expenses of €491 million related to Chrysler.

Net profit amounted to € 1,332 million ($2.07 billion) (Q1 2007: €1,972 million ($3.075 billion))

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Interview with Heikki After the Accident

heikki kovailanen accident barcelon spain gp 448x285 Interview with Heikki After the Accident
Following his accident yesterday during the 2008 Spanish Grand Prix, Vodafone McLaren Mercedes driver Heikki Kovalainen was taken to the Hospital General de Catalunya in Sant Cugat del Valles in Spain.

The team has established that Heikki’s speed was approximately 240km/h when the tyre deflated and about 130km/h when he hit the tyre barrier. He experienced a 27g deceleration.

CT scans at the hospital confirmed that Heikki had no head injuries and no broken bones but the Finn was kept in overnight for observation.

This morning Heikki underwent further tests and scans which all went positively and showed no problems. Consequently Heikki will be released from hospital later today. He will then stay in Spain for a few days relaxing before returning home to start a light training programme.

Read the Interview with Keikki

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Mercedes-Benz GLK in Sex and the City movie with Kim Cattrall

mercedes benz glk sex and the city movie003 448x268 Mercedes Benz GLK in Sex and the City movie with Kim Cattrall
Although the all new GLK small SUV isn’t scheduled to hit dealers until October 2008 (January 2009 for the U.S.), the opportunity for a vehicle to be showcased in a scene of the summer’s hottest film, Sex and the City, was too good to pass up. It was however, quite challenging to secure an early release from the prototype vault at the Stuttgart factory.

Having not made its debut prior to the shoot on Rodeo Drive, the vehicle had to travel to the US in a cloak of secrecy. Accompanied by a designated Mercedes-Benz representative from Germany, there were many steps taken to protect the visual identity of the beautiful prototype from the outside world. Even the key which opened a tamper-proof container holding the car was locked away in a safe place and only accessible by one security personnel!

Interview after the break

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Mercedes-Benz GLK Promo Video


The cute, yet aggressively styled, GLK will be taking Mercedes to a new level of competition with BMW and others. Yesterday’s official presentation at the Auto Show in China has finally given us access to details that we were longing for. Now that we know the mini-SUV from Mercedes will come with a economical and eco-friendly four and six-cylinder engines, as well as a BlueEFFICIENCY version, there is only one thing we still want to see more of – its design. AutoBild TV has published a promo video of the baby-SUV, take a look and judge for yourself.

Another video after the break

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Action-packed GLK world premiere in China

mercedes benz glk china auto show006 448x282 Action packed GLK world premiere in China
The debut today of the new GLK at Auto China in Beijing represents a double milestone in Mercedes-Benz history. The Stuttgart premium auto maker’s compact SUV is also the first Mercedes to celebrate its world premiere in China. “It’s a testimony to this important and fast-growing market that we are presenting our most significant new model of 2008 in China,” said Dr. Dieter Zetsche, Chairman of the Board of Management of Daimler AG and Head of Mercedes-Benz Cars. “After last year’s success, which saw Mercedes-Benz China achieve a volume increase of 53 percent, the new GLK will inject additional momentum here and in other markets,” continued Zetsche.

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It’s Official – production GLK

55267980 3061d8c47a1 448x298 Its Official   production GLK
Sometimes a picture is worth a thousand words. So here is a photo collection of the production GLK sourced from autoblid. What’s especially nice and rich about the production GLK is its extensive use of wood across the dash. It is definitely a visual and tactile selling point.

See more photos after the jump…

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Mercedes-Benz at Salão Automóvel de Portugal

salao0001 448x85 Mercedes Benz at Salão Automóvel de Portugal

“Drive to the future” is the theme of the 2008 edition of the Salà£o Internacional do Automà³vel (International Auto Show) in Lisbon, Portugal (24th April to 4th May). Mercedes-Benz will be there with a space of 1290 m2 that should feature the following cars: CLS 63 AMG,SL 350, C63 AMG, SLK 200 Kompressor (facelift), A/B (facelift), CLC, R320 4 Matic, E220 Cdi Station Sportback, C220 Limousine Avantagarde, S420 CDi, CLK Special Edition, C Class DTM (showcar), SLR Special Edition. I’m also going to be there and make sure to take lots of pictures and gather the most intersting information. So stay tuned. More information at Autohoje (site in Portuguese…).

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