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Daimler takes 10 percent stake in EV maker Tesla
Tue, 19 May 2009Daimler AG has acquired an equity stake of nearly 10 percent of California electric car maker Tesla Motors Inc., the German automaker said Tuesday. The two companies have been working together to integrate Tesla's lithium-ion battery packs and charging electronics into the first 1,000 units of Daimler's electric Smart car. Daimler said its stake in Tesla will allow the companies to collaborate even more closely on the development of battery systems, electric drive systems and in individual vehicle projects.
Subaru BRZ sales brisk in Japan
Wed, 28 Mar 2012Subaru's new BRZ sports coupe is off to a brisk start in Japan, selling at a monthly rate quadruple its initial forecast. Since the car debuted Feb. 3, Subaru parent Fuji Heavy Industries Ltd.
New Mercedes A Class advert with no mention of Mercedes – or A Class
Sun, 27 May 2012Mercedes-Benz are launching an advert campaign for the new Mercedes A Class that features just an image and the hashtag – #NewGeneration. Traditional advertising dictates that you need to get your brand front and centre and end with strapline that states what’s on offer. But Mercedes are going a different route with the New A Class.