Tag: Mercedes-Benz

February 8, 2021

The head of Daimler’s global truck operation believes the upcoming restructuring into a separate company positions it to accelerate growth in terms of both innovation and financial opportunity. “I was pushing for this for years and finally it came. It’s […]

July 23, 2020

FRANKFURT — Daimler expects to generate an operating profit this year after second-quarter results signaled the maker of Mercedes-Benz cars weathered the unprecedented industry slump better than expected. The company reported a quarterly operating loss of 1.68 billion euros ($1.91 […]

January 23, 2020

FRANKFURT (Reuters) – Daimler has been forced to reduce its 2020 production targets for the Mercedes-Benz EQC electric car to 30,000 from about 60,000 due to a supply shortage of battery cells from LG Chem, Manager Magazin reported on Thursday. […]

December 13, 2019

The wait for an all-electric Mercedes-Benz in the world’s No. 2 auto market just got longer. The German luxury automaker will delay the U.S. launch of its first EV, a compact crossover, by at least a year, Mercedes told dealers […]

November 21, 2019

Mercedes-Benz is bringing ultraluxe to its flagship SUV, the GLS. The 2021 Mercedes-Maybach GLS will arrive in U.S. stores by the end of next year, the automaker said. It will be manufactured at Mercedes’ factory in Alabama, Automotive News first […]

September 10, 2019

FRANKFURT (Reuters) – Mercedes-Benz and Porsche are showcasing curvaceous, high-end electric sports cars at the Frankfurt auto show as part of an industry effort to counter Tesla, avert billions in European pollution fines and defuse complaints from climate activists. Germany’s […]

March 15, 2019

FRANKFURT — BMW and Mercedes-Benz owner Daimler are in talks to cooperate in developing vehicle platforms for electric cars in a move that could save each automaker at least 7 billion euros ($7.91 billion), Sueddeutsche Zeitung and Auto Bild reported. […]

February 7, 2019

A recent tweet has reignited talks between Daimler and electric vehicle leader Tesla. Following founder Elon Musk’s recent comments regarding the Mercedes-Benz Sprinter Van, claiming it to be “a great van,” both parties are looking at releasing an electric version […]

December 4, 2018

A new $1.67 billion in a new manufacturing plant in Jackson County, Ala. was announced on Nov. 26. SK innovation, a developer and manufacturer of lithium-ion batteries for hybrid electric vehicles, will create more than 2,000 jobs at the plant […]

September 7, 2018

STOCKHOLM — Mercedes-Benz will increase production of its EQC full-electric vehicle only gradually next year to ensure warranty costs for the crossover do not spike. The brand’s head of production and supply chain management, Markus Schaefer, said his main concern […]

March 26, 2018

BMW is ultimately driving out of the 2019 Detroit Auto Show, preferring to focus on the Consumer Electronics Show earlier in January for breaking news and launching models. This defection comes on the heels of the recent announcement by Mercedes-Benz […]

September 19, 2016

Austrian contract manufacturer Magna Steyr will be producing six models for four different automakers at its plant in Graz, Austria, starting in 2018, Automobilwoche has learned. In addition to the Mercedes G-Class, the redesigned BMW 5 Series and the BMW […]

August 2, 2016

BMW AG pledged to remain the world’s leading luxury-vehicle maker after being usurped by Mercedes-Benz in the first half, highlighting the importance of new models such as the revamped BMW 5 series coming in 2017. The rivalry between the two […]