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Fact sheet: 2013 Mercedes-Benz GL350

2013 Mercedes-Benz GL350 Bluetec 4Matic BASE PRICE: $62,400. PRICE AS TESTED: $85,020. TYPE: Front-engine, four-wheel drive, seven-passenger, full-size, luxury sport utility vehicle. ENGINE: 3-litre, turbocharged, direct-injected, Bluetec diesel, 72-degree V-6. MILEAGE: 19 mpg (city), 26 mpg (highway). TOP SPEED: 130 mph. LENGTH: 201.6 inches. WHEELBASE: 121.1 inches. CURB WEIGHT: 5,467 pounds. BUILT AT:

Daimler recalls 3,500 Mercedes Citan vans over faulty airbags

STUTTGART, Germany (Reuters) - German automaker Daimler <DAIGn.DE> is recalling 3,500 Mercedes-Benz Citan vans in Europe because of faulty airbags. A company spokesman said on Monday that window airbags will be replaced in the box-type Citan, which recently scored only three out of five stars in an NCAP crash test survey.

Daimler cuts full-year forecast after Q1 profit drop

German automaker Daimler on Wednesday lowered its full-year profit forecast after large investments and generally weak markets hit its bottom line in the first three months of this year. Daimler said in a statement that it booked net profit of 536 million euros ($697 million) in the period from January to March, a drop of 60 percent from the 1.347 billion euros it booked a year earlier.

Daimler's Mercedes to boost 2013 car sales more than four percent - CFO

BERLIN (Reuters) - Germany's Daimler <DAIGn.DE> said it aims to increase deliveries of its Mercedes-Benz luxury vehicles by more than 4 percent this year, beating global passenger car growth which the automaker sees at 2-4 percent. Second-quarter results at Daimler should be better than numbers achieved during the first three months, finance chief Bodo Uebber said on Wednesday during a conference call.

Daimler scraps profit goal after Q1 earnings plunge

By Andreas Cremer BERLIN (Reuters) - German automaker Daimler <DAIGn.DE> scrapped its earnings forecast on Wednesday after first-quarter profit plunged more than half due to a prolonged slump in European markets and self-inflicted problems in China. Struggling to match rivals' scale and efficiency in smaller cars, as well as their success in China, Stuttgart-based Daimler has fallen further behind German peers BMW <BMWG.DE> and Volkswagen <VOWG_p.DE>.

Daimler sustains 60% drop in profits in Q1

German automaker Daimler said Wednesday that large investments and generally weak markets hit its bottom line in the first three months of this year. Daimler said in a statement that it booked net profit of 536 million euros ($697 million) in the period from January to March, a drop of 60 percent from the 1.347 billion euros it booked a year earlier. Operating profit, as measured by earnings before interest and tax (Ebit), tumbled 56 percent to 917 million euros on a 3.0-percent decline in revenues to 26.102 billion euros, the statement said.

US court to take up Argentina 'Dirty War' Daimler suit

The US Supreme Court agreed Monday to consider whether German auto giant Daimler AG can be sued over charges its Mercedes unit in Argentina collaborated in murder and other crimes during that country's "Dirty War." The court agreed to look at a complaint filed by 22 Argentine plaintiffs against Daimler before the Ninth Circuit Court of Appeals in California. The high court will do so in its next session, in the autumn.

Daimler prepares ground for possible profit warning

The head of German carmaker Daimler said Wednesday that European demand had been weaker than expected in early 2013, paving the way for a possible lowering of the company's annual targets. "Not much tailwind is anticipated from the markets in the coming months," a company statement quoted chief executive Dieter Zetsche as telling the annual shareholder's meeting. "For Europe in particular, there are no signs of a trend reversal," he was quoted as saying.

imported cars-March sales

SEOUL, April 4 (Yonhap) -- Sales of foreign-made vehicles in South Korea spiked more than 13 percent in March from a year earlier, boosted by steady-selling models, a trade association said Thursday. A total of 12,063 foreign brand cars were sold here last month, up 13.3 percent from a year earlier, according to the Korea Automobile Importers and Distributors Association (KAIDA). In the first three months of 2013, a total of 34,964 foreign vehicles were sold in the country, also up 19.4 percent from a year earlier, the association said.

Daimler Trucks suffers weak start to 2013

By Christiaan Hetzner WOERTH, Germany (Reuters) - Daimler's <DAIGn.DE> trucks business suffered a weak start to 2013 in Europe and the United States and new model launches are unlikely to boost its sales until the second half of the year, the company said on Wednesday. European truckmakers are suffering heavily from the economic malaise in the euro zone since demand for their vehicles closely tracks the cross-border trade of goods.
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