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Daimler buying 12% stake in Beijing Auto

Daimler and Beijing Automotive are officially going steady, with the German company set to take a 12-percent stake in the Chinese brand tomorrow. The two are already tied up in a Mercedes engine plant in Beijing, of which BAIC will increase its stake in, from 50 to 51 percent. Daimler will also get two seats on the Chinese company's board. BAIC may also gain the ability to produce cars on Mercedes-Benz platforms, according to Automotive News Europe.
The investment in BAIC comes ahead of that company's initial public offering, according to a report form Bloomberg, which indicates the deal will be inked tomorrow in the Chinese capital. According to the report, if the circumstances are right, BAIC may turn around and invest in the Germany company "soon."
It's not entirely clear just how much the 12-percent cut is costing Daimler, although it seems reasonable to assume that, as it's ahead of the IPO, the parent company of Mercedes is getting a bit of a bargain.

Mercedes plans Audi TT fighter

With the growth in popularity of modular platforms in the auto industry, it's rapidly becoming commonplace to see a company with multiple models that look different but share a significant number of parts underneath. One such an example is Mercedes-Benz's line of compacts, including the A-Class hatchback, CLA-Class sedan, GLA-Class crossover. Two derivatives lacking from German brand's current, small-car range are a coupe and convertible, but that might be changing soon. Mercedes is hard at work on a coupe with 2+2 seating, a liftback roof and styling inspired by the AMG GT, according to Autocar. Daimler Chairman Dieter Zetsche reportedly supports the idea, too. The new two-door could be on the road as soon as 2019 to target models like the Audi TT and BMW 2 Series, and a convertible version might follow later. This little, luxury two-door would ride on Mercedes' next-gen, front-wheel-drive compact platform, according to Autocar. It reportedly allows the German company to vary a model's size more than the current version and can better adapt to hybrid powertrains. A previous report also suggested the coupe and convertible might use this improved chassis, if they got the green light. Of course, a Mercedes model is hardly complete without an AMG version, so that would also be a possibility. According to Autocar, the performance brand's 2.0-liter four-cylinder could see output pushed to 400 horsepower compared to the current 355-hp unit. Earlier rumors also indicated a more powerful version of the boosted mill might be on the way. With Autocar backing all this up only with unnamed sources, the rumors should probably be taken with a grain of salt at the moment. However, a small coupe from the brand doesn't seem entirely impossible. After all, after two-door versions of the C-,E-, and S-Class, why not a smaller one, too?

Mercedes Unimog poised for Canadian return

The Mercedes-Benz Unimog, the super-duper heavy-duty off-road workhorse vehicle that the German automaker has been making for more than 60 years, may soon be sold in Canada once again after a hiatus. Regulators had taken issue with both their emissions (super torquey diesel engines don't tend to run real clean) and the fact that some folks would take them out on city streets and even highways (these beasts have a top speed of about 25 miles per hour). Now, regulatory officials are considering allowing the Unimog to be sold in Canada again, albeit under strictly off-road driving regulations, Canada's Driving says. In fact, the diesel trucks apparently run a lot cleaner than they used to, while the torque levels remain off the charts. Naturally, some folks are clamoring for them because of their ability to run on just about any terrain. Hans Mross of Vancouver-based Mross Import Service Ltd., which previously imported the Unimog to Canada, told Autoblog he was "99 percent sure" the Unimog would be brought back to Canada. We'd last reported on the Unimog in April 2013, when Mercedes-Benz said it would start selling 10 different versions of the truck. Related Video: Featured Gallery Mercedes-Benz Unimog View 33 Photos News Source: Driving Mercedes-Benz Truck Diesel Vehicles unimog