Daimler pins profit recovery on new Mercedes-Benz S-Class

New Mercedes-Benz S-Class

Daimler was set on Wednesday to release the new model of its Mercedes-Benz S-Class luxury sedan, which it hopes will help the German automaker to get back to profitability next year after the coronavirus crisis slashed demand for high-end vehicles. Daimler has released a new S-Class every seven years for decades but this year’s launch […]

Mercedes to recall 660,000 vehicles in China over oil leak

Mercedes V-Class

Mercedes-Benz will recall more than 660,000 vehicles in China later this year over a possible oil leak. A seal between a high-pressure fuel pump and a low-pressure fuel pipe could enervate over time, permitting oil to leak when the engine starts in cold weather, according to a notice issued on the website of China’s State Administration for Market Regulation. China’s […]

BMW, Mercedes put self-driving alliance on hold after review

BMW and Mercedes

Daimler on Friday stated it had put a development alliance in the area of self-driving between its luxury brand and rival German luxury automaker BMW on hold after an extensive review. “Following an extensive review, the two companies have arrived at a mutual and amicable agreement to concentrate on their current development paths, which may […]

Mercedes F1 boss Toto Wolff grabs a stake in Aston Martin

Toto Wolff

Mercedes Formula One boss Toto Wolff has grabbed a stake in British sportscar maker Aston Martin, whose executive chairman Lawrence Stroll operates the Racing Point F1 team, the company filings showed. A Mercedes F1 spokesman stated Wolff’s move was purely an investment on the Austrian’s part and would be diluted by a rights issue on Monday from 4.77% to less […]

Daimler provides 99 Mercedes-Benz Citaro buses to UAE

Abu Dhabi, UAE

Daimler Buses on Friday has said that it has provided 99 Mercedes-Benz Citaro buses to the Abu Dhabi Department of Transport (ADDT) of the United Arab Emirates. The ADDT is aiming to significantly expand and modernize the UAE capital’s transport system and these buses are expected to play a major role in that strategy. As Daimler Buses states, these are low-floor […]

Mercedes-Benz India to set up temporary hospital for coronavirus

mercedes logo

Mercedes-Benz India has announced it will set up a temporary hospital in Mhalunge-Ingale village, located in Chakan Khed in Maharashtra, with medical facilities and isolation wards for patients affected with coronavirus. The German automaker has stated that the hospital is going to have the capacity to treat 1,500 patients. It will be constructed in Maharashtra Housing […]

General Motors, Mercedes to give leave to all workers in Brazil

General Motors

General Motors and Mercedes Benz will give leave to all employees in Brazil later this month, the companies stated, suggesting that production in South America’s main auto center will be largely impacted by the coronavirus outbreak. Brazil’s automakers had been readying for a potential breakdown in its parts supply chain from China beginning in April […]

Mercedes-Benz to build smart brand cars with Geely

Geely automobile holding

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 […]

Geely, Mercedes-Benz launch $780 million JV for electric cars

Geely automobile holding

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

2018 Mercedes-Benz C-Class Spied

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 […]

Daimler seeks 1 billion euros in savings at Mercedes-Benz by slashing jobs

2018 Mercedes-Benz A-Class

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

2018 Mercedes-Benz A-Class

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 […]