The Local Germany

Eminem sues Audi for plagiarizing song for ad

Wed, 08 Jun 2011 18:39:00 +0200

American rapper Eminem is suing German carmaker Audi for allegedly copying his song “Lose Yourself” for a commercial without permission, daily Süddeutsche Zeitung reported on Wednesday.

Daimler posts dire loss and cuts wages

Tue, 28 Apr 2009 19:27:00 +0200

German luxury car and truck maker Daimler posted a stiff first-quarter loss Tuesday and warned sales would "decrease significantly" this year. Some 60,000 workers will also see their wages cut by nearly 9 percent.

Daimler bails out on Chrysler stake and forgives debt

Tue, 28 Apr 2009 11:29:00 +0200

German automaker Daimler said Monday it would give up its 19.9 percent stake in its former US unit Chrysler and forgiving outstanding loans from the struggling Detroit firm.