Daimler Buying Back Shares, Still Won't Buy Back That Sportcoupé

Daimler has opted to purchase back 10% of its own stock at a total price of around $9 billion. They were actually in the process of buying back said stock when the markets went all funky, but have decided it's a good time to restart the process. This is another sign that Daimler's at least trying to get a more firm… » 6/17/08 5:00pm 6/17/08 5:00pm

Fiat and Daimler In Talks to Swap Bodies

Looks as though Dr. Z has something else up his sleeve, with the announcement from Fiat that the companies are in talks to do a little body swapping. While we think a Monica Belluci for Heidi Klum exchange might provide fruitful for all involved, we're fairly sure they're talking about something else. Though details… » 12/10/07 3:30pm 12/10/07 3:30pm

Fuel-Cell Company to Sell Auto Fuel-Cell Business

Ballard Power Systems Inc. has been at the forefront of hydrogen fuel-cell technology, which means that the company has done a lot of research but hasn't made real money. Said one research analyst, the automotive fuel-cell sector has been a "black hole" for cash. The company tried to set themselves up to be the… » 11/06/07 11:15am 11/06/07 11:15am