Mercedes-Benz is set to build smart-branded electric cars with Zhejiang Geely Holding Group in Xian, China from a base with a yearly capacity of around 150,000 vehicles, a senior official from its German parent Daimler AG stated on Saturday. Daimler’s Executive Vice President in China Leng Yan informed Reuters on the sidelines of China’s EV100 […]
Mercedes-Benz
Geely, Mercedes-Benz launch $780 million JV for electric cars
Zhejiang Geely Holding Group and Mercedes-Benz on Wednesday stated they would each spend 2.7 billion yuan ($388.77 million) in a China-based venture to construct “premium and intelligent electrified” vehicles under the smart brand. The 50:50 venture has gained regulatory approval and will be based in the Chinese coastal city in Ningbo, the Chinese and German […]
Mercedes Recalls 750,000 Cars Due To Defective Sunroofs
Mercedes-Benz is recalling approximately 750,000 cars as the vehicles’ sunroofs could potentially detach and fly off, causing road hazards. The concerning cars consist of the Mercedes-Benz’s C-Class, E-Class, CLK-Class, and the CLS-Class, made between 2001 and 2011. All four vehicles came with an additional sunroof, and the bonding material on those sunroofs can degrade, leading […]
Mercedes Benz EQC to make U.S. debut at $67,900
Daimler will start selling its electric Mercedes-Benz EQC in the United States in early 2019 at a starting price of $67,900, the German automaker stated on Wednesday. The Mercedes-Benz EQC 400 4MATIC, which is capable of charging its batteries on the move, can recharge from 10% to 80% in 40 minutes, Mercedes-Benz USA stated. Daimler’s […]
Daimler seeks 1 billion euros in savings at Mercedes-Benz by slashing jobs
Stricter emissions rules are going to hit Daimler’s profits in 2020 and 2021, prompting the German automaker to seek over 1 billion euros ($1.1 billion) in savings from slashing staff expenses at its Mercedes-Benz business by the end of 2022, it stated on Thursday. Daimler shares dropped 2.3% in early trading at 52.17 euros, the […]
Mercedes recalls some EQC electric cars because of potentially faulty bolt
Daimler is recalling some latest Mercedes-Benz EQC electric cars due to a potentially defective bolt in the differential, the company stated on Tuesday. “Daimler AG has found that on certain EQC vehicles the bolt in the front axle differential transmission might not meet durability specifications. Thus, it cannot be ruled out, that the bolt breaks […]
Mercedes celebrate 125th year in Motorsports
Mercedes are all set to celebrate their extraordinary 125 years in motorsport as Formula 1 reaches Germany for its 11th round. The German Giants will be the title sponsor of this year’s event in Hockenheim. The team led by Toto Wolff have 5 consecutive World Championships in Formula 1, the pinnacle of motorsports. They are […]
Mercedes sells over 600 Maybach models a month in China, says Daimler
Daimler’s China chief stated sales increased 3 percent in the first quarter, defying a total downturn in demand in the biggest car market of the world. There has been a robust demand for ultra-luxury vehicles such as the Mercedes S-Class Maybach. “The Maybach it is still going excellent. Demand is over 600 a month,” Daimler’s […]
Mercedes Aims at Millennials With New Sedan
Millennials have earned a fairly infamous reputation for killing elitist and expensive industries like diamonds and paper napkins, so it makes sense that they spend their hard earned money on avocado toast and Starbucks instead of luxury cars. Mercedes, known for its pricy luxury vehicles, isn’t taking this lying down. Instead, they’re targeting millennials with […]
Adam Levine sold a used car for $1.1 million
Adam Levine, the Maroon 5 singer, put his 1955 Mercedes-Benz 300 SL “Gullwing” across the auction block in the last weekend at the RM Sotheby’s event in Fort Lauderdale, where it found a high bid that fell right in the middle of its pre-event estimate of $1 million to $1.4 million. The Mercedes is in […]
BMW, Mercedes-Benz lower costs in China after VAT drop
BMW AG and Mercedes-Benz stated on Saturday they are going to reduce their prices in China, following the government declaration it will decrease the country’s value-added tax (VAT) beginning on April 1. The German automakers each published posts on Chinese social media announcing immediate cost cuts for several models. The discounts come as China endures […]
Mercedes-Benz EQV Electric Minivan Concept Unveiled at 2019 Geneva Motor Show
Mercedes-Benz unveiled Tuesday at the 2019 Geneva Motor Show a conceptual electric luxury minivan that it refers as the EQV Concept. The EQV is the second vehicle in Mercedes’s increasing “EQ” passenger electric vehicle (EV) lineup, and is said to be the world’s first purely electric luxury minivan. Its style follows in the electric EQC […]
Major court decision against Daimler/Mercedes in diesel emissions case
Judge Jose L. Linares in the U.S. District Court for the District of New Jersey today denied motions to dismiss filed by defendants Daimler, Mercedes-Benz, and Bosch in In Re Mercedes-Benz Emissions Litigation. The following is a statement from James E. Cecchi of Carella, Byrne, Cecchi, Olstein, Brody & Agnello, P.C. and Steve W. Berman of […]
Mercedes-Benz to increase business with China auto suppliers
Daimler AG will deepen partnerships with Chinese auto suppliers since they often lead United States and European competitors in major technologies for electric vehicles and connected vehicles, Mercedes-Benz executive Wilko Stark stated on Thursday. Stark, who is presently the head of Procurement and Supplier Quality at Mercedes-Benz stated the shift toward electric and connected cars […]
Mercedes-Benz cuts China costs after suspension of tariff on U.S.-made cars
German luxury automaker Mercedes-Benz on Monday stated it would provide discounts on cars imported into China from the United States until March 31 following the suspension from Beijing on additional tariffs on U.S.-made cars. Costs of four models were slashed by between 36,000 yuan ($5,219.96) and 135,000 yuan, the Daimler AG-owned company stated on its […]
