Mercedes retools E-Class

Article Abstract:

Daimler-Benz AG is upgrading its E-class Mercedes model to revive growth in sales. A completely new version with external changes, safety features and technical upgrades will be available by 2008 or 2009. The E-class is the second best selling Mercedes model.

Germany, Product information, Product enhancement, Daimler-Benz AG, Company overview, Industry overview

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Europe car registrations rise for BMW, Daimler

Article Abstract:

European new-car registrations increased in May 2007 for DaimlerChrysler AG and BMW AG despite a drop of 1.6% for overall registrations to 1.44 mil cars. DaimlerChrysler posted a 2.4% increase to 89,094 cars, while BMW reported a 5.6% increase to 79,708.

Motor vehicles and car bodies, Europe, Sales, profits & dividends, Sales & consumption, Motor Vehicles and Equipment, Automobile industry, Company sales and earnings, BMW AG, Company earnings/profit, Market size, Daimler AG, Automotive industry

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Scania rejects bid from MAN

Article Abstract:

Scania AB has rejected a takeover bid by MAN AG. In a bid to form Europe's largest commercial vehicle company, MAN had offered $12.2. It is expected that MAN will come back with another offer.

Acquisitions & mergers, Mergers, acquisitions and divestments, Company acquisition/merger, Sweden, Scania AB, Maschinenfabrik Augsburg-Nurnberg AG

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