Karl Benz

Germany celebrates 125 years of the automobile

Germany is celebrating this year the birth of the automobile, with a patent applied for by Carl Benz 125 years ago for a motorized tricycle, in hopes of drawing tourists smitten by cars.
 

Daimler boss pay doubles in 2010 to 8.7 mn euros

Daimler chairman Dieter Zetsche's salary doubled last year to 8.7 million euros ($12 million) as a result of the automaker's strong results, its annual report said on Wednesday.
 

Daimler earnings disappoint as outlook lacks detail

FRANKFURT (Reuters) - German carmaker Daimler <DAIGn.DE> posted disappointing fourth-quarter earnings, with an upbeat outlook failing to deliver the detail that analysts said was needed to reassure investors.