Daimler

Daimler Benz is said to be interested in acquiring local start-up Taxibeat, one of the most successful Greek companies set up in the years of the financial crisis, through its MyTaxi subsidiary. The German car giant is offering a particularly attractive price, even when one considers that Taxibeat's annual growth rate stands at around 180 percent.

Shares in German carmakers BMW, Daimler and Volkswagen fell after United States President-elect Donald Trump warned he will impose a border tax of 35 percent on vehicles imported from abroad to the U.S. market.

Since the invention of the first vehicle, mankind has developed technology chasing one goal: to reach his destination just a little bit faster. Car manufacturers are constantly presenting new models which run faster and faster.

See below what were the fastest cars from 1880 to today.

1880-1889, Benz Motorwagen

The US company Sensata Technologies, a leading supplier of components for the car industry and innovator in sensor technology, electronic protection and control, opened its third plant in Bulgaria on Friday.

The plant, which is located in the Maritsa industrial zone of Plovdiv, has an area of 68 000 square metres and will produce pressure sensors.

The head of the European Parliament told a group of German regional newspapers that the emissions scandal at Volkswagen (VW) would hit the German economy hard but Europe?s biggest carmaker was likely to survive the crisis. 

Germany?s finance and economy ministers have played down the risk of a broader economic danger for Germany from the scandal. 

In August 2015, demand for new passenger cars in the EU went up by 11.2% on the year, while Bulgaria registered a decrease by 4.9% over the same period.

According to the European Automobile Manufacturers Association, the increase registered in August on an EU scale reflected the ongoing recovery in the market and pursuing the upward trend commenced two years ago.

Siemens, Daimler, Rheinmetall -- the cream of German industry -- have been mired in cases of alleged corruption in Greece, the country that Berlin has repeatedly admonished for the parlous state of its economy.
 

Greek anti-corruption prosecutors have issued felony charges against seven people in Greece and Germany allegedly connected to the bribing of public officials over the sale of vehicles made by Daimler to the Greek armed forces.

The demand for new passenger cars in Bulgaria in March increased by 21.4 % compared to the same month last year.

There was also an increase in the demand for new passenger cars for the first quarter of 2015, which amounted to 8.4 % compared to the same period last year.

The sales of Dacia cars recorded, last month, a solid increase in Europe (EU plus EFTA), and the market share of the domestic carmaker maintained at 3 percent, according to the statistics of the European Car Makers' Association (ACEA), published on Tuesday.

Photo credit: (c) Cristian NISTOR / AGERPRES ARCHIVE