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- Smithsonian’s National Air and Space Museum to Begin Seven-Year $650m Renovation
- Jami Miscik Appointed to GM Board of Directors
- McLaren 570S Spider to £725,000 bid at Elton John Argento Ball
- Hyundai Indonesian Plant: Koreans Versus Dominant Japanese and Versus Looming Chinese Invasion Threat
- Critical TechWorks JV with BMW Group and Critical Software
- World’s First Female Formula 1 World Champion?
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Tag Archives: mercedes-benz
The upshot: Hamilton (213 points) leads the Drivers’ Championship in a Mercedes Silver Arrow by 24 points ahead of the hated Ferrari driven by Sebastian Vettel (189 points) with Bottas (132 points) in P4. Mercedes-AMG Petronas Motorsport (345 points) leads Ferrari (335 points) by a mere 10 points in the Constructors’ Championship. Continue reading
Winkler and – struggling Smart – were (are?) part of Daimler’s confusing small car strategy and current rush to electric vehicle production. Smart lost billions of Euros for Daimler. Its only fit appeared to be as a foil against mileage and emissions regulations, allowing the owner of Mercedes Benz to continue to thrive selling gas guzzlers. Continue reading
“This car is made specifically for the Chinese market. The long-wheelbase A-Class Sedan is unparalleled in the compact segment, bringing together outstanding comfort with a fresh and dynamic design and top-notch technology.” Continue reading
Translation: the Germans didn’t seek this, and it could turn out to be a complicated ménage à trois with lots of conflict over the loot. Continue reading
A new Mercedes “EQ Ready app” allegedly helps motorists decide whether it makes sense for them personally to switch to an electric car or hybrid. The smartphone app can record real journeys made by the user, analyze his or her everyday driving and compare it with numerous parameters of electric and hybrid vehicles. Continue reading
In the latest move that continues the trend of automakers abandoning auto shows in the ongoing by international brands, Mercedes-Benz is using Texas-based South by Southwest to run an off-site “me Convention” during the – gulp – International Motor Show … Continue reading
The new plant will be built close to an already existing Nissan plant, and will have an annual capacity of 300,000 vehicles when completely operational. Many of the common platform luxury models – 2017 Infiniti, 2018 Mercedes-Benz – will of course be headed in the U.S. under the job destroying NAFTA deal. Continue reading
Daimler AG [DAI] posted a significant drop in Q1 earnings largely because of the ongoing economic slowdown in Western Europe where sales are running at a 20-year low. The Q1 EBIT of €917 million was less than half of Q1 … Continue reading
The Eurozone crisis expanded into Germany in Q3 as Daimler AG (DAI) posted Group earnings of €1,921 million, off from Q3 in 2011at €1,968 million. Net profits for the period were €1,205 million (Q3 2011: €1,360 million), leading to declining earnings per share of €1.03 (Q3 2011: €1.21). Daimler sold 528,600 cars and commercial vehicles worldwide in Q3, surpassing the prior-year total by 1%. Revenue of €28.6 billion was 8% above the prior-year level. Adjusted for changes in currency exchange rates, the increase amounted to only 3%. As a result, of the weakened results and prospects for the future, Daimler said that it will not match 2011’s earnings. Dieter Zetsche, Chairman of the Board of Management of Daimler AG and Head of Mercedes-Benz Cars tried to be optimistic in a statement: “Considering the significantly more difficult market conditions, Daimler achieved good earnings in the third quarter.” The earnings release was sent out ahead of schedule because of the accidental issuing of an e-mail. Continue reading
Mercedes-Benz in May 2012 delivered 113,136 vehicles, + 4% compared to the record figure for 2011. Year-to-date 531,382 units or +8.4% have been delivered globally, the earliest in a year the 500,000 threshold has been crossed. Continue reading
Toyota Motor came close to displacing Ford Motor from its assumed Number 2 spot in the U.S. by posting monthly sales of 202,973 – within a rounding error of Ford’s 215,699 and firmly putting Toyota in the Number 3 sales spot for the year-to-date. The other Japanese powerhouse members were also back in shape. American Honda posted sales of 134,000 (576,000 ytd) easily ahead of the Nissan at 92,000 (485,000 ytd). With a new Accord and Altima due this fall, the family car market is about to becomes more competitive than it has been in years, which is good for buyers but might leave weaker and older entries as road kill. Continue reading
For years Mercedes-Benz sold gas guzzlers in the U.S., paying millions in fines – passed on to customers – for its flouting of CAFE regulations. Much higher fines under the latest CAFE standards and growing pro-environmental standards globally makes this a risky strategy going forward. Continue reading
Following the Ford Jaguar debacle, success is also not a word that can be applied to Ford’s management of Lincoln, which is a poseur in the world of luxury cars dominated by the German Brands and Toyota’s Lexus, which even though it was out of the U.S. market for five months this year because of the Japan earthquake, still managed to outsell Lincoln by a better than 2:1. Continue reading
“ATS enters the biggest market segment in the global luxury car industry, both in terms of volume and importance,” said Barra.
No kidding. ATS better be good when it appears next fall.
But when I asked what GM consultant Bob Lutz was doing these days, Barra said she was trading e-mails with him about getting Lutz to drive a new Chevy Sonic, which has been on sale globally for a couple of years. While Barra called Lutz an “automotive rock star,” there was no hint in her brief response that she was spending any time with Lutz. Continue reading
Year-to-date, U.S. sales of the BMW brand are up 12.9% at 199,552 compared to 176,736 sold in the first ten months of 2010. BMW is on track to displace Lexus as the number one Luxury brand in the U.S. because of Toyota’s earthquake induced production disruptions. Continue reading