By Rachel More, Sarah Marsh and Andreas Rinke STUTTGART, Germany, Feb 13 (Reuters) – On a dark February morning at Mercedes-Benz’s vast Untertuerkheim plant, workers arriving for their early shift are greeted by activists from Zentrum, a self-styled union affiliated with the far-right Alternative for Germany (AfD) party. “Game-changer,” reads the pamphlet they are distributing … Read more
PORTLAND, Ore. (CURRENCY) – Oregon Attorney General Dan Rayfield announced Monday that a nearly $150 million settlement has been reached with Mercedes-Benz and Daimler over emissions fraud. The settlement was reached by a coalition of 50 attorneys general and Mercedes-Benz and Daimler after the companies were accused of violating state laws that prohibit deceptive business … Read more
HONG KONG (AP) — Chinese demand for foreign luxury cars is waning as customers opt for more affordable models from Chinese brands, often sold at deep discounts, that rekindle their taste for electronics and front-end comfort. This is bad news for European carmakers such as Porsche, Aston Martin, Mercedes-Benz and BMW who have long dominated … Read more