Stuttgart

Report: Daimler may move some production to US

AP | Posted 11.23.2009 | Home


German carmaker Daimler AG is considering whether to move some production of its Mercedes-Benz C-Class models to Alabama from Germany, a newspaper reported Wednesday.

The daily Stuttgarter Zeitung reported, without citing sources, that the company's management is mulling whether to move production of the C-Class from its Sindelfingen plant, in the Stuttgart suburbs, to Tuscaloosa.

That would allow the company to take advantage of lower labor and other costs and avoid swings in the value of the U.S. dollar against the euro, and would leave Bremen as the only German site producing the C-Class, the newspaper said.

Daimler builds a C-Class four door sedan, a two-door sedan and a station wagon. The report didn't specify which models could be affected.

Daimler spokesman Markus Mainka said that "there is neither a decision nor a recommendation on C-Class location politics." He declined to comment further on the matter.

Obama Has German Roots: Researchers

AP | DAVID RISING and CHRISTOPH NOELTING | Posted 07.05.2009 | World


BESIGHEIM, Germany — Barack Obama in traditional German lederhosen? It may be hard to imagine, but researchers in the U.S. say they have located...

Huff Post Exclusive! 2010 Porsche Panamera sedans take on Southern California freeways

Steve Parker | Posted 05.09.2009 | Business


Steve Parker

Just over a month ago, Porsche released the production facts and figures and pricing for their new Panamera four-door sedan. And today, we nearly ran ...

Bottom Line: 2008 Car/Truck Sales Probably Worst Since 1974

Steve Parker | Posted 02.03.2009 | Business


Steve Parker

The only other time the industry has seen a 3-million (or more) unit plunge was following the 1974 oil shortage.