daimler

Daimler plans at least six electric car models: source

German carmaker Daimler plans to roll out at least six, and possibly as many as nine, electric car models as part of its push to compete with Tesla and Volkswagen's Audi, a person familiar with Daimler's plans told Reuters. The maker of Mercedes-Benz cars remains on track to unveil a new electric car at the Paris

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Daimler plans at least six electric car models: source

daimler

U.S. urges China to keep moving to a market-oriented exchange rate

U.S. Treasury Secretary Jack Lew said on Sunday that it was critical for China to continue moving toward a more market-oriented exchange rate and clearly communicate its actions to the market. Lew made the remarks during a meeting with Chinese Vice Premier Wang Yang in Beijing, following a G

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U.S. urges China to keep moving to a market-oriented exchange rate

daimler

Central banks near policy limits but back in focus after G20

FRANKFURT/TOKYO (Reuters) – The widely predicted failure of G20 leaders to agree on bold new steps to reinvigorate the world economy at a meeting in Shanghai this weekend puts the onus firmly back on central bankers. “Monetary policy is extremely accommodative to the point that it may even be counterproductive

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Central banks near policy limits but back in focus after G20

daimler

EPA requests information from Mercedes-Benz over emission levels

Daimler on Sunday said the United States Environmental Protection Agency (EPA) had requested information from its luxury car brand Mercedes-Benz to explain emissions levels in some of its cars. A spokesman for Daimler said they are fully cooperating with the request for information, and that Mercedes-Benz cars conform with all rules and norms.

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EPA requests information from Mercedes-Benz over emission levels