Published since 02/04/2000
Published on November 29, 2011
DAIMLER TO AXE MAYBACH RANGE AFTER DISAPPOINTING SALES
German industrial firm Daimler is to axe its luxury Maybach range after disappointing sales.
The German carmakers relaunched the Maybach brand almost a decade a year but shockingly low sales means the Maybach range will be shelved in favour of further additions to its Mercedes-Benz marque.
Maybach's cost a pretty penny, setting buyers back more than 300,000 euros, but Daimler only sold 200 of the cars last year - roughly the same number as in 2009. Financial Times suggests that total sales are only about 3,000 since the brand was revived in 2002.
Daimler intended to sell 1,000 Maybach's a year, but clearly fell well short of that target. In the future, the only way car buyers will be able to get their hands on a Maybach is through used car dealers.
The company will now fully concentrate on offering a range of Mercedes' to the lower-priced section of the luxury market, charging around 100,000-300,000 euros.
Chief executive Dieter Zetsche commented on the ditching of Maybach: "We have had full discussions within the company about which path in the luxury segment was the most promising. We came to the clear conclusion that the sales chances for the Mercedes brand were better than Maybach's.
"It would not be sensible to develop a successor model for the current Maybach," BBC News quoted him as saying.
General distributor for Daimler AG in Armenia, Avangard Motors LLC is operating Maybach sales in the country.
Headlines for November 29, 2011
UKRAINE LAUNCHES NEW PROMO CAMPAIGN FOR EURO 2012
A new promotional campaign of Ukraine entitled High Time to See Ukraine for EURO 2012 European Football Championship will be launched in December 2011.
It will replace a previous preview project entitled ...569 WEBSITES REGISTERED FOR ARMNET AWARDS 2011
569 websites have registered for Armnet Awards 2011, which is 120 sites more than last year, project coordinator said.
As Zhirayr Terzyan told a PanARMENIAN.Net reporter, jury of 12 members will select ...ISRAELI ARMY REPORTS ROCKET ATTACK FROM LEBANON
Several rockets fired from southern Lebanon landed in northern Israel, the Israeli army has said.
There were no casualties from the strikes, the first across the border since 2009. Two buildings were ...GRANDMA'S TATTOOS TO BE SCREENED, DISCUSSED IN GLENDALE
Director Suzanne Khardalian will discuss her film, Grandma's Tattoos, following a screening of the film on Friday, December 2, 2011, at the Glendale Public Library Auditorium. Suzanne Khardalian is an ...JOSEF STALIN'S DAUGHTER DIES AT 85
Josef Stalin's daughter, who denounced communism after defecting during the cold war, has died in the U.S. after living out her remaining years there in seclusion, The Guardian reports. Svetlana ...GERMANY, U.S. URGE ACTION ON SYRIA
The United States and Germany on Monday, November 28, led Western calls for the divided UN Security Council to act on Syria's deadly assault against protests after UN investigators said crimes against ...U.S. VICE PRESIDENT TO DISCUSS ARMENIAN-TURKISH RELATIONS IN ANKARA
U.S. Vice President Joe Biden will travel to Turkey and Greece later this week.
"He's going to stop first in Ankara, on December 2 to have meetings with Turkish leaders in Ankara, and then it's on the ...OBAMA: DEATHS OF 24 PAKISTANI SOLDIERS IN NATO RAID TRAGEDY
President Barack Obama sees the deaths of 24 Pakistani soldiers in a NATO raid as a tragedy, the White House said Monday, November 28, but argued that crisis-wracked U.S.-Pakistani ties were vital to ...FACEBOOK INCHING TO IPO, SOURCE SAYS
Facebook Inc. is inching closer to an initial public offering that it hopes will value the company at more than $100 billion, The Wall Street Journal reported citing people familiar with the matter.
...ARMENIA SCHEDULE FOR 2014 FIFA WORLD CUP QUALIFIERS ANNOUNCED
The schedule of 2014 FIFA World Cup Group B qualifiers was drawn in Prague on November 28, 2011.
Armenia will play their first match against Malta on September 7, 2012 and then against Bulgaria on September ...EUROZONE FINANCE MINISTERS GATHER IN DESPERATE BID TO SAVE EURO
Eurozone finance ministers are streaming into Brussels on Tuesday, November 29, in a desperate bid to save the 17-nation euro currency - and to protect Europe, the United States, Asia and the rest of ...UEFA U-19 CHAMPIONSHIP ELITE ROUND DRAW DUE NOV 29
On November 29, Nyon, Switzerland, will host a draw for 2011/2012 UEFA European U-19 Championship elite round.
England, France and holders Spain were given byes to this stage and will be joined in the ...SANCTIONS AGAINST IRAN TO BITE ARMENIA - FORMER FM
Sanctions on Iran have so far not affected Armenia, former Minister of Foreign Affairs of Armenia said.
"If there're any additional sanctions because of these latest developments with regard to nuclear ...EUROPEAN COMMISSION ADOPTS €24 MILLION PROGRAM FOR ARMENIA
The European Commission adopted a program that will further improve Public Finance Management (PFM) systems in Armenia. It is the second part of the Annual Action Program (AAP) for Armenia for 2011, ...ARMENIA, RUSSIA DISCUSS COOPERATION IN MILITARY STAFF TRAINING
The First Deputy Defense Minister David Tonoyan met with the military attaché at the Russian embassy in Armenia Colonel E. Vasilyev.
The two men focused on educational possibilities at Russian ...TOM DE WAAL: SOUTH CAUCASUS NOT A "CONFLICT REGION"
The fifteen successor states that were born from the wreck of the Soviet Union are now twenty years old, Tom de Waal, a senior associate in the Russia and Eurasia Program at the Carnegie Endowment, says ...FIRST ONLINE SCIENCE LIBRARY LAUNCHED IN ARMENIA
Today, November 29, National Academy of Sciences of the Republic of Armenia (NAS RA) hosted presentation ceremony of the first online science library in Armenia armeniavsl.org.
According to NAS RA president ...FERNANDO VERDASCO: WE'LL HAVE TO PUT UP GOOD FIGHT FOR DAVIS CUP
Spain's Fernando Verdasco believes he'll be facing off against a strong rival at Davis Cup final vs. Argentina.
"Clearly, David Nalbandian, as well as the rest of the team will do their utmost to get ...RUSSIAN ENVOY TO NATO TO VISIT IRAN, CHINA
Russian envoy to NATO Dmitry Rogozin will visit Iran and China in mid-January to discuss a U.S.-backed global missile defense network, specially its main components in Poland, Romania and Turkey. "We ...ROGER FEDERER NAMES SPAIN AS DAVIS CUP FAVORITE
The World No. 3 Roger Federer (Switzerland) shared his forecast of Davis Cup final between Spain and Argentina.
"In many respects, it will be a match between equals. Still, I believe Spain to be a favorite, ...TWITTER BUYS STARTUP PROVIDING ANDROID SECURITY SOFTWARE
Twitter has bought Whisper Systems, a San Francisco-based startup that provides security software for Android smartphones and tablets. The price was not disclosed. Whisper Systems announced the acquisition ...LAVROV: RUSSIA AGAINST ARMS EMBARGO ON SYRIA
Russia is against imposing an arms embargo on Syria, Russian Foreign Minister Sergei Lavrov said on Tuesday, November 29, RIA Novosti reported. Speaking at a news conference in Moscow following his meeting ...ARTSAKH PRESIDENT PAYS WORKING VISIT TO ARGENTINA
On November 27, President of the Artsakh Republic Bako Sahakyan arrived in Argentina for a working visit. On November 28, the President visited Buenos Aires-located Armenia square, symbolizing friendship ...IATA: INTERNATIONAL AIR TRAFFIC DOWN IN OCTOBER
International air freight traffic was 4.8 percent lower in October than a year previously, while international passenger traffic grew 4.6 percent but at a slowing pace, the International Air Transport ...IRAN DESTABILIZATION MAY NEGATIVELY AFFECT ARMENIA - EXPERT
Any negative developments in Iran spell negative repercussions for Armenia as well, according to a political analyst. However, as Menua Soghomonyan stated at news conference in Yerevan, U.S. seems in ...ARMENIAN PHOTOGRAPHER MARYAM ŞAHINYAN'S WORKS DISPLAYED IN ISTANBUL
Salt Galata, Istanbul, is currently hosting a project by artist and researcher Tayfun Serttaş, Hurriyet Daily News reports.
The artist is aiming to discover the cultural heritage of Istanbul via the ...ARMENIA DRAWN INTO GROUP 9 OF 2012/13 UEFA U-19 QUALIFIER
The draw for the 2012/13 UEFA European Under-19 Championship qualifying round has been made including a rematch of the 2009 final between Ukraine and England. In all, 12 groups of four were formed by ...AZERI SPIRITUAL LEADER'S VISIT AIMED TO DISTRACT INTERNATIONAL COMMUNITY
The visit of Azeri spiritual leader Sheikh-ul-Islam Haji Allahshukur Pashazadeh to Yerevan is a way to reassure the international community on the background of recent aggression at contact line, according ...TURKEY MAY CONSIDER IRAQ AS ALTERNATIVE TRANSIT ROUTE
Turkey said Tuesday, November 29, it will consider using Iraq as an alternative transit route for trade with the Middle East, cutting out Syria entirely as Damascus faces broad economic sanctions over ...THE PUNCH: ISRAEL MUST RECOGNIZE ONE OF HISTORY'S DARKEST CHAPTERS
The Punch Australia-based daily published an article by Sassoon Grigorian, urging victims of Holocaust to recognize the Armenian Genocide.
"The State of Israel, created after the Holocaust, remarkably ...ORANGE STARTS PARTNERSHIP WITH FRENCH UNIVERSITY FOUNDATION IN ARMENIA
Orange Armenia signed a partnership agreement with the French University Foundation in Armenia.
According to the company's press office, as part of the partnership agreement, students of the University ...TURKEY'S MINORITIES TO PARTICIPATE IN DRAFTING NEW CHARTER
Turkish parliament's constitution conciliation commission has used the 1923 Treaty of Lausanne to determine the list of minority community foundations set to participate in drafting the new charter, while ...TRUTH BEHIND 1988 GANDZAK TRAGIC EVENTS REVEALED
On November 29, Armenia hosted a press conference commemorating the 23th anniversary of Gandzak (Kirovabad) self-defense that left 18 dead and 60 missing within 7 days.
As president of Armenian Refugee ...RUSSIA SENDS ‘FIRST SIGNAL' TO COUNTER EUROPEAN MISSILE SHIELD
The launch of a new anti-missile radar station in the Russian Baltic Sea region of Kaliningrad should be treated by the West as the "first signal" of Russia's readiness to counter "threats" posed by NATO's ...FFA: TURKEY WON'T HOST ARMENIA-BELARUS FRIENDLY
February 29, 2012 was confirmed as Armenia-Belarus friendly date; however, Turkey won't be hosting the game, contrary to earlier reports.
As the press service of the Football Federation of Armenia told ...AMERIABANK TO DOUBLE SMES LOAN PORTFOLIO IN 2012
Ameriabank CJSC loan portfolio of small- and medium-sized enterprises (SMEs) totals about 30% of corporate sector or about USD 100 million.
"We intend to double loan portfolio of small and middle business ...GEORGIA PRESIDENT BELIEVES UNITED CAUCASUS CONCEPT WILL HELP SETTLE CONFLICTS
Speaking after the meeting with his visiting Armenian counterpart, Serzh Sargsyan, Georgian President Mikheil Saakashvili said on November 29, that the united Caucasus has no alternative.
"Our concept ...SAAKASHVILI: GEORGIA-ARMENIA BORDER PROCEDURES TO BE FURTHER SIMPLIFIED
Georgia stands for further simplification of customs and border procedures at Georgian-Armenian border, Georgian President Mikheil Saakashvili said at a joint briefing with the President of Armenia Serzh ...DAIMLER TO AXE MAYBACH RANGE AFTER DISAPPOINTING SALES
German industrial firm Daimler is to axe its luxury Maybach range after disappointing sales. The German carmakers relaunched the Maybach brand almost a decade a year but shockingly low sales means the ...SERZH SARGSYAN: ARMENIA HOPES TO BUILD NEW ROUTES TO GEORGIA'S MARINE PORTS
Armenia hopes for formation of new highways to Georgia's marine ports in the framework of new infrastructure projects, Armenian President stated.
As Serzh Sargsyan said at a joint briefing with President ...USD MARKET AVERAGE RATE TOTALS AMD 382,74 NOV 29
Deals amounting to $750 thous. at an average rate of AMD 381,92/USD1 were concluded at NASDAQ OMX Armenia on Nov 29. The closing price totaled AMD 381,75.
The market average rate of USD totaled AMD 382,74 ...ARMENIA U-17 DRAWN INTO GROUP A OF 2013 UEFA QUALIFIER
The journey to the 2013 UEFA European Under-17 Championship in Slovakia has begun with the draw for the qualifying round. Seven teams will join hosts Slovakia in the final tournament, but before that ...ARMENIA'S DRUG MARKET NOT FLOODED WITH COUNTERFEIT MEDICATION
From 2001-2011, only 43 counterfeit medicines were revealed in Armenia, director of Scientific Center of Drug and Medical Technology expertise said.
As Hakob Topchyan told November 29 press conference, ...ARMENIA DRAWN INTO U-19 ELITE ROUND GROUP 7
Spain must get past Belgium, Armenia and Italy if they are to defend their UEFA European Under-19 Championship title in Estonia in July after the elite round draw was made for the games in late May. ...TURKISH SOLDIERS WOUNDED IN LANDMINE ATTACK
Five soldiers were wounded Nov 29 in a landmine attack in the eastern Turkish province of Bitlis. The landmines were reportedly activated by alleged members of the outlawed Kurdistan Workers' Party ...ARMENIA, GEORGIA PRESIDENTS SIGN SERIES OF AGREEMENTS IN TBILISI
Armenian President Serzh Sargsyan visited the Palace of Georgian President Mikheil Saakashvili on Tuesday, Nov 29 to sign a set of agreements, News Georgia reported.
An agreement was signed by the Ministries ...AZERI AGGRESSION UNDERMINE KARABAKH SETTLEMENT EFFORTS - SEYRAN OHANYAN
On November 29, Armenian Defense Minister Seyran Ohanyan met with OSCE Minsk Group co-chairs Igor Popov (Russia), Bernard Fassier (France) and Robert Bradtke (U.S.), the Personal Representative of the ...CHINA HAS NEWLY-APPOINTED MILITARY ATTACHÉ IN ARMENIA
On November 29, Armenian Defense Minister Seyran Ohanyan met with military-air attaché of China's Embassy in Armenia, Senior Colonel Ma Yunbao upon ending his diplomatic mission, and newly-appointed ...PROTESTERS STORM UK COMPOUND IN TEHRAN, BURN BRITISH FLAG
Iranian protesters stormed two British Embassy compounds in Tehran Tuesday, Nov 29 smashing windows, hurling petrol bombs and burning the British flag during a rally to protest against sanctions imposed ...OSCE MG CO-CHAIRS MONITOR CONTACT LINE BETWEEN ARMENIAN, AZERI TROOPS
OSCE Minsk Group French co-chair Bernard Fassier clarified the issue on the situation at contact line between Armenian and Azeri forces.
"This time we made the crossing not in Karabakh, but over ...SIRANUSH ANDREASYAN FINISHES 3RD AT FEMIDA CHESS TOURNAMENT
Grandmasters Zaven Andreasyan and Tigran Petrosian continue performing in Vizag GM International Open Chess Championship in Visakhapatnam, India.
Armenian chess players have scored 6 points each, only ...UK INTERESTED IN FREE DEMOCRATS PARTY
Deputy Head of Mission and Consul of the United Kingdom of Great Britain and Northern Ireland, Gareth Wynn Owen visited headquarters of Free Democrats opposition party, party's press service reported. ...UNESCO, ITALY SING DEAL TO RESTORE POMPEII ARCHAEOLOGICAL AREAS
UNESCO and Italy have agreed to collaborate on the restoration of the Archaeological Areas of Pompeii, Herculaneum and Torre Annunziata, inscribed on UNESCO's World Heritage List in 1997.
International ...CIS COOPERATION IN CONSTRUCTION SECTOR DISCUSSED
On November 29, Armenian Prime Minister Tigran Sargsyan met with members of CIS Intergovernmental Council for Cooperation in Construction headed by Russian Minister of Regional Development Viktor Basargin.
...
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Today in Armenian history- 1868 Death of Mkrtich Peshiktashlian, writer and public figure. He was born in 1828.
- 1868 Death of Mkrtich Peshiktashlyan (public figure) in Constantinople. He was born in 1829.
- 1876 Death of Nahapet Rusinyan (physician and public figure) in Constantinople. He was born in 1819.
- 1920 Soviet power is established in Armenia.
- 1922 Inauguration of the Lenin irrigation canal in Echmeeadsin.
- 1926 Birth of painter Grigor Khanjyan in Yerevan. He died in 2000.
- 1926 Opening of Yerevan's soap and oil factory and lumber mill.
- 1928 Opening of Gyumri's cotton-mill and the "May Revolt" power station.
- 1929 Opening of the Leninakan-Artik railroad.
- 1929 Inauguration of the Yerevan Youth Theatre.
- 1930 Opening of Sardarapat's irrigation canal.
- 1931 Opening of the Kartchevan irrigation canal in the Meghri region.
- 1933 The chemical plant of Kirovakan and the cement factory of Davaloo start operations.
- 1934 Inauguration of the Yerevan-Kanaker railroad.
- 1935 M.I. Kalinin visits Yerevan.
- 1937 Yeghisheh Charents (writer) is murdered in 1937 by the Soviet Police. He was born in 1897.
- 1939 Catholic Gevorg the Sixth addresses the governments of the USSR, USA and Great Britain requesting the reunification (with Armenia) of the Armenian territories occupied by Turkey.
- 1943 The Armenian SSR Academy of Sciences is opened.
- 1944 Opening of the Loree and Adgaman (Martooni region) irrigation canals.
- 1951 Death of Levon Shant (writer, public figure). He was born in 1869.
- 1960 Inauguration of the eternal flame in Shahumyan Park to commemorate those who died for the sovietization of Armenia.
- 1965 Inauguration of Meekael Nalbandyan's (politician/writer) monument in Yerevan.
- 1970 Hrazdan's mineral-chemical plant's cement factory starts production.
- 1992 Artsakh forces liberate the villages of Hayi Bazar, Loolidooz, Ghozloo, and Gharajanli in the northern front of the Lachin corridor.
- 1998 Death of Karp Khachvankyan (actor) in Yerevan. He was known as the "Prince of Laughter". He was born in 1923 in Akhaltskha (Georgia).
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