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German IG Metall get highest pay rise in 20 years
Date: Sat, 19 May 2012 03:04:00 -0700SINDELFINGEN, Germany (Reuters) - Germany's largest industrial union IG Metall will get its biggest pay rise in 20 years after agreeing to a 4.3-percent pay increase deal with employers at the end of marathon talks that ended just before dawn on Saturday. The wage deal, which is more than double Germany's inflation rate of about 2 percent, will give some 3.6 million engineering workers a 4.3 ...>
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Take the automotive investment challenge - how much did these vehicles sell for at auction?
Date: Wed, 23 May 2012 05:50:50 -0700So you think you have an eye for value in assessing investment-quality cars and motorcycles? Here are a dozen cars and motorcycles that went to auction last week. We've included the official description, several images and the official estimates on price from the auctioneer. Can you guess how much each sold for? Answers at the bottom of the story... Continue Reading Take the automotive ...>
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Automaker Daimler sees stronger sales, profit; Mercedes division slips on
Date: Thu, 26 Apr 2012 23:53:32 -0700FRANKFURT - Automaker Daimler AG says net profit rose 20 per cent to €1.42 billion ($1.88 billion) in the first quarter despite a slip in earnings at its key Mercedes luxury car business. Revenues rose 9 per cent to €27.01 billion and the company sold 9 per cent more vehicles worldwide, at 502,086.>
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Automaker Daimler sees 20 per cent profit rise thanks to record sales of Mercedes brand
Date: Fri, 27 Apr 2012 01:09:39 -0700FRANKFURT - Record sales of its luxury Mercedes brand and a boost from its financial services arm helped automaker Daimler AG increase net profit by 20 per cent to €1.42 billion ($1.88 billion) in the first quarter. The increase came despite a slip in profitability at Mercedes, where the company spe>
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German union, employers agree 4.3 percent raise
Date: Sat, 19 May 2012 02:59:41 -0700Germany's biggest industrial union and employers have reached a deal that includes a 4.3 percent wage raise for the sector's 3.6 million workers, both sides said Saturday.>
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Euro zone row gets fat pay rise for German workers
Date: Sun, 20 May 2012 08:25:49 -0700BERLIN (Reuters) - A record-breaking pay deal will give millions of German workers their biggest rise in wages in two decades, boost consumption in Europe's biggest economy and help towards adjusting the regional imbalances that have caused severe tensions within the euro zone, analysts said on Sunday. Germany's largest industrial union IG Metall agreed to a 4.3-percent pay rise from employers ...>
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Novelis Supplies Innovative Aluminum Solutions for New 2012 Mercedes-Benz SL
Date: Mon, 21 May 2012 09:12:00 -0700ATLANTA, May 21, 2012 /PRNewswire/ -- Novelis, the world's largest producer of rolled aluminum and the world's leading supplier of aluminum sheet to the automotive market, announced today that its material ...>
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Mostly Clear
Date: Fri, 04 May 2012 20:29:51 -0700Markus Schaefer became President and CEO of Mercedes-Benz U.S. International, Inc.,on July 1, 2010 at the Mercedes-Benz Plant near Tuscaloosa, USA. He succeeded Ola Kaellenius who became the new managing director of Mercedes-Benz AMG GmbH.>
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Historic Le Mans Racers and Other Classics Bring History to Life at Dana Point Concours d’Elegance
Date: Wed, 02 May 2012 09:03:00 -0700Historic Le Mans racers and famous collectible car marques will be featured during the 30th anniversary Dana Point Concours d'Elegance®, June 23-24, at the St. Regis Monarch Beach resort in Dana Point, Calif.>
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Mercedes-Benz poised to become No. 2 luxury automaker?
Date: Tue, 01 May 2012 15:23:44 -0700Mercedes-Benz has plans to launch new small cars over the next few years in its battle to overtake Audi for second place behind BMW. A new German report suggests Mercedes-Benz can accomplish it by 2015.>
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