Stuttgart - Daimler will fit the petrol-engined Smart fortwo with a micro-hybrid start-stop system beginning in October this year, the car maker announced.

The system would reduce fuel consumption by an average 8 per cent with up to 20 per cent savings possible in city driving conditions, the company said.

In addition the Smart fortwo cdi will be equipped with a closed diesel particulate filter that almost completely eradicates particulate emissions.

Daimler lists average consumption of both the 52 kW/71 hp and the 45 kW/61 hp engines with a micro-hybrid at 4.3 litres per 100 kilometres with a carbon dioxide emission figures reduced to 103 grammes per kilometre.

Stuttgart, Germany  - German carmaker Daimler AG cut its 2008 earnings forecast Thursday in the face of a slowing world economy, a surging euro and increasing raw material costs.

The announcement by the manufacturer of luxury Mercedes Benz cars that it had revised down its earnings before interest and tax (EBIT) to more than 7 billion euros (11 billion dollars) sent the group's shares sharply down.

The Stuttgart-based carmaker had previously said that it expected EBIT from the group's ongoing operations to top the 7.7 billion euros it posted in 2007.

Daimler's shares dropped by about 8.0 per cent to 39.30 euros following the announcement.

Stuttgart  - It's easy to feel like you saved money when you bring home an inkjet printer. The devices themselves are often inexpensive. Yet reality usually sets in when it comes to refilling the printer cartridges. A set of black and coloured inks often costs at least 50 dollars or more, sometimes putting the expenditure on a par with the printer itself.

Stuttgart, Germany - Daimler is to provide Saudi Arabia Public Transport

Stuttgart - Luxury German sports carmaker Porsche SE said Thursday it was shifting production of its Boxer model from Finland to Austria.

Stuttgart  - Lounging on the beach is one way to spend the summer holidays. Too boring?