Word: benzing
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...Daimler-Benz Deutschland Über Detroit? In what is set to become the largest industrial merger in history, German luxury automaker Daimler-Benz announced Thursday it will effectively absorb America's No. 3 car firm, Chrysler. Daimler describes the deal as a "merger of equals," but there's no doubt about who the senior partner is here. Chrysler shareholders will receive just over half a share in the new company for every one share their Daimler counterparts get, and Chrysler chair Robert Eaton will lose his co-leadership position inside of three years...
...Daimler-Benz It's a match made in Detroit heaven: Luxury European auto meets mass-market American car. They marry, and await the pitter-patter of $131 billion in annual worldwide sales. That's the love story Wall Street would like to write for Daimler Benz and Chrysler, who went public with their wooing Wednesday. Why? Because the dowry would be huge: Sources close to the deal say Daimler would buy their bride for $35 billion, a full $8 billion above Chrysler's market value. Such a wedding would make for the largest industrial merger in history...
...approaching a convoy of Afrikaners shooting at civilians when our car was fired on. We drove away--only to run into a fire fight between the Afrikaners and the Bophuthatswana army. We took cover behind our car. About 30 yards ahead, three Afrikaner commandos were trapped outside a Mercedes-Benz. Two appeared wounded. I knew that to make a photo of significance, I somehow had to get to that spot...
...skating rink as her 28-year-old partner and husband died in her arms of undiagnosed heart disease, in November 1995. Oksana Baiul, the pixie 16-year-old Ukrainian orphan who struck gold in the singles, celebrated with a nonstop party that ended when she wrapped her green Mercedes-Benz around a few innocent conifers while under the influence in Connecticut. Baiul, now 20, tells TIME she is an alcoholic, and she is trying to pull herself together. Nancy Kerrigan, who took silver in a showdown watched closely by nearly everyone in the world except maybe the judges, has staged...
Across the globe, car companies including Daimler-Benz, Toyota, Chrysler and Honda are pouring hundreds of millions of dollars into research and development for replacing conventional internal combustion engines with electric motors powered by fuel cells...