DaimlerChrysler has reported a profit of $7.3 billion in 2006, which is due
to the Mercedes arm and the commercial truck division. The Chrysler division
lost $1.3 billion last year. This is forcing management to re-evaluate the
current relationship.

According to CEO Dieter Zetsche all new vehicles built by the group will have a hybrid variant.

DaimlerChrysler has begun taking reservations for the its Smart ForTwo car that will be available in the U.S. in 2008. Buyers can reserve either the hardtop or convertible for $99. The company has set up a reservation page were people can enter their personal information and select the car that they would like. The $99 fee does not guarantee a car. Instead it is meant to help the company figure out where to distribute the car. The money will be applied to the cost of the car if you do actually buy one, if not it is refunded.

Mercedes-Benz has revealed the 2008 Mercedes-Benz CL65 AMG, which will be displayed at the New York Auto Show next month. The supercar is going to be powered by a 6.0L V12 biturbo engine that is also in the S65 AMG and SJ 65 AMG. The engine produces 612 hp and 738 lb-ft of torque. It is capable of reaching 62 mph in 4.4 seconds, which is exceptional considering how heavy the car is.

The Mercedes-Benz SLK is due for a facelift. The revised car will be revealed at the Frankfurt Auto Show this September. Auto Express has posted some of the first shots of the car during testing.

April's auto sales numbers have just been posted and almost every major automaker had a sales decrease last month. Even the Asian automakers that have been making headlines for their sales gains, took a hit.

Edmunds.com has posted a list of the most wanted cars in 2007 based on reader feedback. Out of the 32 categories you may be surprised which automaker took home the most awards....

In order to spark interest in the slow selling SLR McLaren, Mercedes-Benz has announced that they are going to offer a roadster version of the SLR McLaren supercar. The car is powered by supercharged 5.5L 615 horsepower AMG V8. The roadster can achieve a top speed of 207 miles per hour and 0-62 mph in 3.8 seconds.

Fifth Gear has posted a review of the all-new 2008 Mercedes-Benz C-Class.

PC Magazine has listed what they feel are the vehicles with the best technology. For the second year the BMW X5 was listed as their top vehicle and took home the magazine's "Digital Drive Car of the Year" award. The X5 was picked because of its adaptive drive, spilt-screen navigation, real-time traffic reports and front and rear sonar.

For months there have been rumors and internal statements about the possible sale of Chrysler, which would result in the end of the current relationship with Daimler-Benz. The partnership that was announced in 1998 has now come to an end. Cerberus Capital Management has won the bid to take over the Chrysler group for $7.45 billion.

BRABUS claims that their modified Mercedes-Benz CL600 (BRABUS SV12 Biturbo) is the world's most powerful and fastest coupe.

According to an article by BusinessWeek, ex-Chrysler chief Lee Iacocca stated that, "Daimler screwed Chrysler royally" in the nine years that it owned Chrysler. According to Iacocca the recent sale of Chrysler to Cerberus Capital Management was out of desperation.

Due to record gas prices and a rising demand for fuel-efficient vehicles in the US, Mercedes-Benz is considering the idea of importing its next generation of the B-Class to the US. They are also working on a new "baby" SUV that is smaller than the current M-Class.

Spy photos of the upcoming 2009 Mercedes-Benz GLK SUV have been captured. The new SUV is based on the C-Class and will compete against the BMW X3 and Land Rover LR2 SUVs.

Forbes has gathered what they believe to be the safest new cars on the market. They searched through Consumer Reports, Department of Transportation, Insurance Institute for Highway Safety (IIHS) and the Highway Loss Data Institute (HLDI) to compile the list of the top 20 safest cars of 2007.

J.D. Power and Associates has released the results of their 2007 Initial Quality Survey. Porsche held the top spot with only 91 problems per 100 vehicles for the second time in a row. But it was Ford that made the biggest headlines.

According to Motor Trend the Mercedes-Benz Ocean Drive concept car has been approved for production in the 2011 model year. The concept was unveiled at the North American International Auto Show at Detroit last January. It was based on the Mercedes S600 sedan with a 5.5L V-12 pumping out 510 horsepower.

There are rumors that Apple may be working on a new in-car GPS navigation system, according to German magazine "Focus". The system is being built exclusively for Mercedes, but could be made available in other cars 6 months later when it debuts in 2009.

It is rumored that Mercedes-Benz is going to unveil up to 18 different "green" vehicles this fall at the Frankfurt Motor Show. This will include a range of diesels, hybrids, Bluetec-diesels and fuel-cell vehicles. Mercedes already provided some of the details on a new S-class hybrid that will also feature a Bluetec-diesel, that will be out by the end of the decade.

It has been rumored that Mercedes was thinking about building a high-end sports car that would compete with the Porsche 911 Turbo and Audi's upcoming V-10 powered R8 coupe. Well now spy photographers have caught what they believe to be Mercedes upcoming new sports car that will likely be named the SLC.

This amateur video of the upcoming 2008 Mercedes C63 AMG may have been done by amateurs, but you do get some good shots of the new car. The sound of the V8 is incredible. Click the link to see the full 3 minute video.

Mercedes-Benz has announced the pricing for the new 2008 Mercedes-Benz C-Class lineup. The C300 Sport Sedan will start at $31,975, the C300 Luxury Sedan will start at $33,675, and the C350 Sport Sedan will start at $37,275.

The new 2009 Mercedes-Benz E-Class was caught testing in Spain. Although the front end of the prototype is heavily camouflaged it is obvious that the E-Class may ditch its current round headlights for something more similar to the new C-Class and S-Class sedans.

The next generation Mercedes-Benz E-Class will not grow much in size compared to the current generation, although it is rumored that it will adopt styling cues from the Mercedes CLS.

Mercedes-Benz has released full specs and photos of the new 2008 Mercedes-Benz C63 AMG sedan. The car will feature a 6.3L V8 with 451 horsepower and 443 lb-ft of torque.

The C63 will have a top speed of 155mph and a 0-60 time of 4.5 seconds.

It was reported earlier this week, that Mercedes-Benz was thinking about killing the current A-Class, but now there are rumors that Mercedes may be thinking about building a 1-Series and A3 competitor. Additionally the automaker may be in talks with BMW about using the current MINI platform for the upcoming car.

Brenda Priddy and team have caught more photos of the upcoming 2009 Mercedes-Benz GLK SUV. The GLK will share many components with the new C-Class that comes out next month in the U.S. It will be powered by a 3.5L V6 and will use Mercedes 4Matic AWD as standard. The SUV will also have the 7G-Tronic TouchShift automatic transmission.

There has been speculation that Mercedes-Benz is considering bringing the Mercedes-Benz B-Class to the U.S. Well now the automaker has confirmed that the next-generation of the small car will make it here.

Ok from these photos it may look like someone took their Dodge Viper and welded a bunch of ugly metal on the front. Well according to spy photographers this is a test mule for the upcoming Mercedes SLC.

Mercedes-Benz has recently introduced the all-new 2008 Mercedes-Benz C-Class sedan. The new sedan boasts a sexier exterior, new engines and more interior room than the outgoing model. Are these changes enough to win over would be BMW or Lexus buyers?

The all-new 2008 Mercedes-Benz C-Class just went on sale last month in the US and now Mercedes has unveiled the wagon (estate) version of the car.

Carscoop has posted photos of the upcoming AMG version of the new 2008 Mercedes-Benz C-Class Estate. The uber-fast wagon is going to be officially unveiled at the Frankfurt Motor Show this month.

Brabus has unveiled its new Bi-Turbo 720 horsepower Mercedes-Benz C-Class a day before it is officially unveiled at the Frankfurt Motor Show.

Mercedes-Benz has released the pricing for the new 2008 C63 Sedan and Wagon.

When Mercedes uber expensive Maybach line was launched in 2001 there were 71 dealers in the U.S. with a total sales goal of 600 units per year. Today according to Automotive News there are only 42 dealers left.

Mercedes has unveiled the new E320 Bluetec diesel sedan in California. It is the first diesel powered vehicle to meet the California's strict diesel emissions standards.

BRABUS has already developed tuning packages for the latest C-Class sedan. Just in time for the C-Class wagon's introduction, BRABUS has unveiled its exclusive tuning package for the new model.

Thanks to the new Sex and the City movie that is currently filming we have our first look at an undisguised Mercedes-Benz GLK.

Mercedes-Benz has officially unveiled the revised 2009 SLK.