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Tag Archives: mercedes-benz
Daimler Facing Profit and Sales Declines Reorganizes
“This will have a negative impact on our earnings in 2020 and 2021. To remain successful in the future, we must therefore act now and significantly increase our financial strength.” Continue reading
F1 2019 Silverstone – British Grand Prix Preview
Conventional wisdom has that Silverstone’s popularity, however, does not solely rest on the speeds reached. Instead, it’s the circuit sequences of fast and flowing corners that thrill both competitors and spectators alike. Continue reading
Mercedes-Benz – New Safety Ideas for New Mobility
Even farther out the untested by real customers this brave new world is trust. The acceptance of self-driving vehicles will require initially holding an untested belief that they will be safer than conventional vehicles. Moreover, other road users must be able to recognize what an automated vehicle intends to do, because there will be no driver to communicate this. Continue reading
Moovel Shows Digital Marketplace for Mobility as a Service
The Smart City Expo World Congress says it wants to strengthen cities with a unique platform focusing on sustainable and future-oriented urban development. As a Mobility-as-a-Service (MaaS) platform, moovel offers cities and transit authorities the opportunity to boost access to mobility and thus make it more attractive with a tailored mobility app. Continue reading
Daimler and Bosch Target San José for Automated Ride-Hailing
Daimler, Bosch and San José have signed a memorandum of understanding to pursue this test. Using automated Mercedes-Benz S-Class vehicles, Daimler will offer the service to a selected users in the San Carlos/Stevens Creek corridor between downtown and west San José. With its population expected to grow 40% in the next two decades, the metropolitan area faces growing transportation challenges. Continue reading
Lewis Hamilton in Mercedes Wins Hungarian GP over Ferrari.
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
Smart Head Annette Winkler Abruptly Departs Daimler
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
Auto China 2018 – Mercedes A-Class L, Maybach Show Car
“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
Chinese take 10% stake in Daimler. Unwelcome?
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
Mercedes ‘EQ Ready’ App Picks EV or Hybrid for You
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
Posted in electric vehicles, electronics, marketing
Tagged autoinformed.com, Concept EQ, daimler, Electric Intelligence, EQ Ready app, EQC, Ken Zino, mercedes-benz
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Automakers Abandoning Auto Shows – Mercedes Latest
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
Posted in marketing, news analysis
Tagged autoinformed, autoinformed.com, experiential marketing, iaa frankfurt, Ken Zino, me Convention, mercedes-benz, SXSW
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Giant Sucking Sound – Nissan and Daimler to Build Luxury Cars in Mexico under new Joint Venture
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
Posted in economy, manufacturing, new vehicle
Tagged autoinformed, autoinformed.com, daimler, Ken Zino, mercedes-benz, renault-nissan
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Daimler Group Q1 Earnings Drop Based on EU Crisis
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
Posted in auto news, financial results
Tagged autoinformed, autoinformed.com, Daimler group, eu, Ken Zino, mercedes-benz
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Daimler Posts Q3 Profit of €1.2 Million, a €155 Million Drop
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
More Management Changes at Profit Challenged Daimler
The reorganization at Daimler continued today at Daimler in Investor Relations and Greater China. Olaf Schick is to take over Finance & Controlling at Daimler Greater China replacing Steffen Hoffman. Hoffmann will take over as Head of Investor Relations on 1 April 2020 with the current head, Björn Scheib, leaving the company by “mutual agreement,” after 11 years in the position. Continue reading →