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Trump reportedly says he wants to wipe German cars off the U.S. map

BERLIN/FRANKFURT — A report that U.S. President Donald Trump has threatened to pursue German carmakers until there are no Mercedes-Benz rolling down New York's Fifth Avenue dented shares in the luxury car manufacturers on Thursday. An excerpt from German magazine Wirtschaftswoche's article, which cited several unnamed European and U.S. diplomats but did not include any direct quotes, could not be independently verified, while a U.S. Embassy spokesman in Berlin referred questions to Washington. The news and current affairs magazine said Trump had told French President Emmanuel Macron in April that he aimed to push German carmakers out of the United States altogether. Macron's administration in Paris declined to comment on the report. The Trump administration last week opened a so-called Section 232 trade investigation into vehicle imports, which could result in a 25 percent tariff on cars on the same "national security" grounds Washington used to impose metals duties in March. This could destroy exports by German carmakers, which control 90 percent of the U.S. premium market and are the biggest European Union exporters of cars to the United States. BMW owns Rolls-Royce, while Daimler has Mercedes-Benz, and Volkswagen controls Bentley, Bugatti, Porsche and Audi. Daimler, BMW and Audi declined comment. Porsche was not immediately available for comment. BMW shares were trading 0.5 percent lower at 0939 GMT, while Daimler and VW's shares were down 1 percent and 1.6 percent respectively, underperforming Germany's blue-chip DAX. Trump has railed against German carmakers before. And in early 2017, in an interview with German newspaper Bild, he said he would impose 35 percent tariffs on imported cars. At the time, the president called Germany a great car producer but said that the business relationship with the United States was an unfair one-way street. Germany's auto industry association VDA says its members exported 657,000 vehicles to North America last year, with total exports of vehicle components, cars, engines, as well as second-hand vehicles totaling 31.2 billion euros in 2016. Imports from the United States to Germany amounted to 7.4 billion euros, meaning a trade deficit of 23.8 billion euros the VDA's latest available figures show. However, German brands also have huge factories in the United States, where they built 804,000 cars last year, VDA said, providing jobs for U.S. workers. Berlin has reacted angrily to the U.S.

Mercedes-AMG gears up for 2016 DTM with new C63 Coupe

Mercedes was once a force to be reckoned with in DTM. The Silver Star marque won six drivers' championships and nine constructors' titles since the modern Deutsche Tourenwagen Masters series rebooted in 2000. But though it's currently leading the standings, the last time it won the championship was in 2010. Audi and BMW have traded bragging rights each year since. What you see here, then, is the vehicle by which Benz hopes to recapture its former glory in the German tin-top racing series. Presented alongside the Edition 1 at the Frankfurt Motor Show, the new touring car is based – stylistically at least – on the new C63 AMG Coupe, but is designed specifically for the race track. Underneath the largely carbon-fiber bodywork sits a 4.0-liter V8 engine driving 483 horsepower and 369 pound-feet of torque through a six-speed sequential gearbox to the rear wheels. It's suspended by pushrod-actuated by double wishbones and features a mechanical diff (but no traction control) and carbon-ceramic brakes (but no ABS). In short, the new C63 is all business. And it looks about ready to take on Germany's most famous racing circuits and those of some of its neighbors – from Hockenheim, the Nurburgring, and the EuroSpeedway Lausitz to Zandvoort, the Red Bull Ring, and the Moscow Raceway. Audi and BMW had better watch their mirrors. Mercedes-AMG DTM Team present 2016 race car - Looking ahead to the 2016 season: How the new DTM car fielded by the Mercedes-AMG DTM Team will look - Inspired by the DTM: AMG launch Edition 1 Mercedes-AMG C 63 Coupe - Five questions to Head of Mercedes-AMG DTM Ulrich Fritz - Overview: How Mercedes-Benz DTM vehicles have evolved - Ulrich Fritz: "Our aim with this vehicle is, of course, to continue the Mercedes-Benz success story in the DTM." The 2015 DTM season reaches its climax in September. But even before the final three race weekends of the year at Oschersleben, the Nurburgring and Hockenheim, the Mercedes-AMG DTM Team are providing an insight into what lies ahead for the race series, revealing the new car that they will enter for the 2016 campaign. Design adaptations to the 2016 Mercedes-AMG C 63 DTM first began last year. The dynamic-looking headlights and the twin blade grille typical of the AMG are two of the car's most striking features. The first tests with the new vehicle will take place during the winter as part of preparations for the 2016 season.

2015 Bahrain F1 Grand Prix puts a dark horse in the desert [spoilers]

Ferrari's Kimi Raikkonen had said after Malaysia that Ferrari can challenge Mercedes-AMG Petronas purely on pace, beyond the scope of tire wear, in the dry. We didn't see that in China, where Lewis Hamilton easily kept everyone behind and Ferrari's Sebastian Vettel only got close to Mercedes' Nico Rosberg when Rosberg slowed down to conserve his tires. But the Iceman's words seemed prescient during qualifying for the Bahrain Formula One Grand Prix. At the front, nothing has changed so far this year: four races, four pole positions for Lewis Hamilton. Instead of teammate Rosberg next to him, though, he'll look over to see the scarlet Ferrari of Vettel, who took advantage of Rosberg's cautiousness to snatch second place on the grid. In Q2, Rosberg tried to conserve the tires he'd start the race on and said he couldn't get into a groove in Q3, putting in a time 0.147 seconds slower than Vettel. The second Silver Arrows will share his row with the second Ferrari, Raikkonen – yet again – saying he might have left some time on the table during his hot lap but getting around just one tenth off Rosberg's time. Williams is established as the best of the rest behind two teams this year instead of just one last year, Valtteri Bottas claiming fifth ahead of Felipe Massa. Daniel Ricciardo of Infiniti Red Bull Racing said he wants to fight with the Williams', he'll be helped with a good start off the line for the first time this year. Nico Hulkenberg got Force India into Q3 for the first time since the Italian Grand Prix last year and into eighth on the grid, ahead of Carlos Sainz in the Toro Rosso and Romain Grosjean putting in another excellent day's work for Lotus. Come race time, it turned into Mercedes power against Ferrari strategy. When Sky F1 commentator Martin Brundle talks about the Mercedes-AMG Petronas team he often mentions how their engine advantage leads to other advantages throughout the car. Not having to use aerodynamic changes to make up for power unit deficiencies, for instance, means they can run the aero setup they want, which optimizes speed and tire wear throughout a lap. It equates to advantage on top of advantage on top of advantage. That's where Lewis Hamilton is right now, so fundamentally dialed in to his car and his racing that he run the races he wants to run. From the front spot, the Brit ripped off another perfect start and led the field into Turn 1, relinquishing the lead only during pit stops.