Daimler AG welcomes Aabar Investments PJSC (Aabar) of Abu Dhabi, as a major investor. Daimler increases the share capital by approx. 10% with exclusion of subscription rights of existing shareholders. After acquiring all new shares, Aabar will hold approx. 9.1% of the new share capital. The capital increase was approved by Daimler’s Supervisory Board today. Aabar is an investment company headquartered in Abu Dhabi and is listed on the Abu Dhabi Securities Exchange. It directly invests in various sectors including energy, infrastructure, real estate, automotive and financial services companies. Its largest stakeholder is the International Petroleum Investment Company (IPIC), which in turn is wholly owned by the Government of the… Continue Reading »
Latest Mercedes-Benz News
Earlier this week, Mercedes-Benz has reported that they will be expanding their hybrid technologies by building an R&D center in Ann Arbor, Michigan. The focus of the operation, called The Mercedes-Benz Engineering Center for Powertrains USA, will be developing hybrid transmissions, electric motor technology, software, and power electronics. Mercedes-Benz is looking at a 65,000 square-foot facility, which should house the R&D center and employ 223 new workers in the coming 10 years. It’s an investment worth nearly $10 million. California and South Carolina were also considered for the R&D center, but it seems Michigan gave them the best tax break, nearly $7.5 million over the next ten years.
The new Mercedes-Benz E-Class Coupe offers all the technical innovations of the new E-Class series that one might expect to find in a sports-oriented luxury coupe. These include selective damper control, drowsiness detection, preventive occupant protection and the Active Bonnet. As a feature specific to the Coupe, the Dynamic Driving package allows different suspension setups at the touch of a button. Adaptive Main Beam Assist, road sign recognition and an automatic emergency braking system are other features with which the new series sets standards in this vehicle category. As you’ll see in the video above, years of road testing and designing went into creating the new E-Class and bring you… Continue Reading »
175 years ago, Gottlieb Wilhelm Daimler the visionary genius, inventor and engineer was born in Schorndorf. Gottlieb Daimler provided the world with a source of power in the form of a light, high-speed petrol engine that could be used equally well “on land, on water and in the air”, as he once expressed it, and which changed people’s lives forever. The engine is the driving force behind individual mobility which has a major impact on all spheres of life in our day and age. Apprenticeship and journeyman’s years Gottlieb Daimler’s formative years were spent in the small town of Schorndorf, which in 1840 was home to some 4000 inhabitants. Along… Continue Reading »
The German engineer and inventor Prosper L’Orange was awarded a patent for his prechamber principal (DRP 230 517) on 14 March 1909. The prechamber principal made possible the development of the diesel engine from being a stationary source of power to one with mobile applications. Nowadays, given current environmental regulations and the importance of fuel economy, it is hard to conceive of life without the diesel engine for passenger cars and trucks. And right across its various brands, Daimler AG continues to make significant pioneering developments in the field of the diesel engine.
Daimler AG awarded prizes to 14 companies for their outstanding achievements at the first Key Supplier Meeting, which was held on March 12, 2009 at the Mercedes-Benz Center in Stuttgart. For the first time ever, the awards included a prize for innovation. In addition, the new “Daimler Supplier Network” cooperation model was also presented to the supplier companies during the meeting. The new model is aimed at establishing an even closer partnership with selected suppliers. According to Dr. Dieter Zetsche, Chairman of the Board of Management of Daimler AG and Head of Mercedes-Benz Cars, “Performance is based on partnership. Our goal is to work together with our suppliers towards our… Continue Reading »
Driving at high speeds, improving active handling safety and enjoying unforgettable events with like-minded people – all this is what the AMG Driving Academy stands for. The new program for the 2009/2010 season offers an even wider choice of events during which sports car enthusiasts with racing ambitions can improve their driving skills under the guidance of professional instructors. A new member of this team of experienced AMG instructors is the former DTM, ITC and FIA-GT Champion Bernd Schneider, one of Germany ‘s most successful racing drivers. Head over to www.mercedes-amg.com/driving-academy to check out the dates of all driver training events, plus brochures and registration forms, can also be downloaded… Continue Reading »