Category Archives: General Talk

As Erich Klemm retires, Daimler eyes smoother cost cuts

As Erich Klemm retires, Daimler eyes smoother cost cuts

The retirement from Daimler’s supervisory board of combative trade union veteran Erich Klemm may smooth management-labor relations as the German carmaker tries to cut costs and close a wide profitability gap with its rivals.

Daimler will double Mercedes production in China

Daimler will double Mercedes production in China

Daimler and joint-venture partner Beijing Automotive Group will spend 1 billion euros ($1.37 billion) to more than double Mercedes-Benz production capacity at their Beijing plant to keep pace with rising demand.

Chrysler will remain a U.S. legal entity

Chrysler will remain a U.S. legal entity

Chrysler Group LLC will remain a United States legal entity also after the completion of the Fiat Chrysler merger later this year, Fiat and Chrysler CEO Sergio Marchionne said.

Fiat Chrysler can make 6 mln cars a year, Marchionne says

Fiat Chairman John Elkann, right, and Fiat and Chrysler CEO Sergio Marchionne arrive for a meeting with shareholders in Turin, Italy, Monday, March 31, 2014. Fiat and Chrysler CEO Sergio Marchionne says the combined automaker aims to sell 4.5 million to 4.6 million cars this year. Marchionne addressed the last Fiat shareholders' meeting on Monday at the Italian carmaker's historic headquarters in Turin, Italy. The CEO aims to complete the merger of Fiat with U.S. carmaker Chrysler this year to create Fiat Chrysler Automobiles, the seventh-largest automaker with 4.4 million sales last year. (AP Photo/Massimo Pinca)

Fiat and Chrysler CEO Sergio Marchionne said Monday that the automakers will have the capacity to produce 6 million cars a year once they combine their forces.

Hidden Extra Cost of a Speeding Ticket

As Ash Canda drove in from New Jersey to Manhattan through the Lincoln Tunnel, he was stopped by a police officer for holding a mobile device in his hand.

“I was using my cell phone to find my way to my hotel room in the Times Square area,” said Cannda who was visiting the Big Apple with friends from San Francisco.

Although Canda wasn’t cited, he sat in the car for half an hour while the officer processed his out of state driver’s license.