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Mercedes removed Lieb over compliance issue, report says
Thu, 20 Oct 2011Daimler AG dismissed Mercedes-Benz USA chief Ernst Lieb for violations of human resources and ethics policies relating to household expenses paid by the automaker, The Financial Times reported Wednesday, citing sources close to the company. Lieb was abruptly removed as head of the automaker's second-largest market on Oct. 17 after more than 30 years at Daimler.
Suzuki delays U.S. launch of the Swift
Mon, 30 Aug 2010Suzuki has delayed the relaunch of its Swift small car in the United States until next year while it works on a global product strategy with Volkswagen AG and ponders the growing strength of the yen against the dollar. The rise of Japan's currency already has forced Suzuki to slash its overall U.S. marketing budget.
Video: Worst-case brake testing on a Boeing 747
Thu, 12 May 2011You think your brakes are good? Whether or not you can stop on a dime, your brakes can’t come close to the clampers on a Boeing 747-800 passenger plane. You can bring 4,000 pounds to a halt from 100 mph?