Mercedes-Benz Financial News

09.08 / 10:29

UPS Provident Mercedes-Benz Celebrity Features 2023 Mercedes-Benz GLC roars into India. Check out the price, features and more

Mercedes-Benz GLC was introduced in India, starting at a base price of ₹73.50 lakh (ex-showroom). The succeeding iteration of the Mercedes GLC carries forward significant expectations, given that the prior generation variant achieved sales of more than 13,000 units in the nation. The GLC has proven to be a robust achiever for Mercedes-Benz globally, having recorded sales of up to 26 lakh units since its global launch in 2016.

07.08 / 14:01

Mercedes-Benz Daimler Daimler Truck finance chief Jochen Goetz, credited with its spinoff from Mercedes-Benz maker, dies

Daimler Truck says its chief financial officer Jochen Goetz has died

06.08 / 19:45

COST Siemens Career Mercedes-Benz Daimler Daimler Truck CFO Jochen Goetz dies in 'tragic accident'

FRANKFURT (Reuters) -Daimler Truck's Chief Financial Officer Jochen Goetz has died in a «tragic accident,» the company said on Sunday.

02.08 / 19:35

UPS Provident BMW Mercedes-Benz Pinnacle Edmunds: 2023 Mercedes-Benz EQS vs. 2023 BMW i7

BMW and Mercedes-Benz are well known for their 7 Series and S-Class flagship sedans

01.08 / 19:05

COST Lowe's BMW Mercedes-Benz Audi performer Off the mark: luxury car sales roar in India

Credit Suisse, the number of millionaires in India is projected to more than double by 2026, which augers well for the industry. Mercedes-Benz, BMW, Audi, Jaguar Land Rover and Volvo logged strong growth during the first half—a rarity. The three German brands had their best ever half- yearly performance.

31.07 / 16:41

UPS Mercedes-Benz Aston Martin to issue $270 million worth of shares to bolster capital

(Reuters) -Luxury carmaker Aston Martin said on Monday it will launch a 210 million pound ($270.04 million) share placing to speed up its aim to reduce net leverage.

28.07 / 07:19

Waters Volkswagen Compilation BMW Mercedes-Benz Highways Ship carrying nearly 3800 vehicles including BMWs and Mercedes still ablaze off coast for second day

The Dutch coast guard, in charge of managing the situation, has reported that a cargo ship carrying nearly 3,800 cars and construction vehicles is expected to keep burning for several more days. The vessel, named Fremantle Highway, caught fire off the coast of the Netherlands during the early hours of Wednesday. Tragically, one crew member lost their life, and several others sustained injuries, being airlifted or taken by lifeboats for medical assistance.

28.07 / 07:19

UPS Parke Mercedes-Benz Toyota Inside 2024 2024 Mercedes-Benz V-Class introduced, to compete with Toyota Vellfire

Mercedes-Benz has unveiled its latest MPV models, including the EQV, V-Class, V-Class Marco Polo, eVito, and Vito variants, showcasing a sharpened and stylish design. The front profile has undergone significant updates with new LED headlights, a revised grille design, and updated bumpers, complemented by more aerodynamic alloy wheel options. Inside the vehicles, there's a completely redesigned dashboard that exudes a sense of premium luxury.

28.07 / 02:01

COST BMW Mercedes-Benz Hyundai Honda network GM, Honda, Hyundai, other major automakers announce plan to build electric vehicle charging network

FreedomWorks senior economist Steve Moore discusses President Biden’s costly electric vehicle push on «The Bottom Line.»

27.07 / 05:15

Mercedes-Benz boost Mercedes-Benz: stabilising supply chains boost orders, subdued economy still weighs

(Reuters) — Mercedes-Benz forecast on Wednesday a subdued world economy with monetary policy weighing on consumers even as supply chain issues and energy price pressures eased, as it raised its group earnings outlook for the full-year.

26.07 / 15:31

Target Tesla Mercedes-Benz Hyundai Highways Honda Big Automakers Plan Thousands of EV Chargers in $1 Billion U.S. Push

A group of major automakers is planning a joint investment to build thousands of electric-vehicle chargers in the U.S., people familiar with the plan said, a bid to ease a shortage of charging spots that deters many consumers from choosing EVs. The companies—BMW, General Motors, Honda Motor, Hyundai Motor, Kia, Mercedes-Benz and Jeep maker Stellantis—plan to collectively invest at least $1 billion in a joint-venture company that will build out charging stations, the people said. The group is targeting the addition of around 30,000 fast chargers in urban and highway areas over several years.

25.07 / 16:35

UPS Provident Platform Action Mercedes-Benz Time Chelsea vs Newcastle live streaming: Kick off date, time, where to watch match in US

Atlanta in the US. The game promises to be a thrilling showdown between two formidable teams vying for victory.

24.07 / 23:15

Siemens Porsche Mercedes-Benz Samsung BASF Panasonic UK battery startup Nexeon to supply Panasonic with advanced material

By Paul Lienert

23.07 / 12:23

Digital CEO Platform Strategy Mercedes-Benz Centre China to be centre of Mercedes-Benz 2025 EV sales drive, Automobilwoche says

FRANKFURT (Reuters) — Mercedes-Benz is making China, the world's top auto market, central to its next electric vehicle (EV) campaign starting in 2025, its CEO told German magazine Automobilwoche.

19.07 / 19:41

UPS FIVE Mercedes-Benz FedEx Premier League Premier League Summer Series 2023 live streaming: Schedule, fixtures, broadcast, where to watch

Premier League teams — Aston Villa, Brentford, Brighton, Chelsea, Fulham, and Newcastle United — will light up the summer with nine exhilarating games across five cities in the United States as part of Premier League Summer Series 2023. The matches will commence on July 22. For viewers in the US, all the action can be enjoyed on NBC Sports.

17.07 / 18:53

Cooper Manufacturing BMW Mercedes-Benz Audi Premium BMW tops premium battery EV market in India, led by iX

In India’s nascent luxury electric car market, BMW has emerged as the dominant force, commanding a 50% market share with its i14 sedan, Mini Cooper SE hatch and the iX sport utility vehicle (SUV). According to Vikram Pawah, president, BMW Group India, the iX alone surpasses the combined sales of all luxury battery electric vehicle (BEV) models from competitors Mercedes-Benz, Audi and Volvo. In fact, luxury electric vehicles (EVs) now constitute nearly 10% of BMW’s total sales, exceeding the conversion rate of rival original equipment manufacturers (OEMs) by more than double, Pawah said in an interview.

17.07 / 11:31

Provident Digital Booking Mercedes-Benz New Mercedes-Benz GLC set to debut in India on August 9; bookings opened! Check details

₹150,000 before its official launch on August 9, 2023. The SUV can be booked either at Mercedes-Benz dealerships or through their online store. The German automaker wants to strengthen its position in the luxury car market in India by launching the new GLC.

13.07 / 17:57

CEO Strategy Mercedes-Benz Tianqi Lithium invests $150M as EV brand Smart seeks additional funding

Smart, a joint venture of Germany's Mercedes Benz (OTC:MBGAF) and China's Geely Automobile Holdings (OTC:GELYY), revealed Thursday its intentions to pursue series-A funding in order to secure $250-300 million. The objective behind this fundraising initiative is to strengthen its long-term sustainable development strategy while expediting its global expansion efforts.

13.07 / 04:53

Digital Platform Software BMW Mercedes-Benz BMW X5 facelift to debut in India on July 14. What all to expect

SUV has been teased on BMW's social media platforms, and it will come with several cosmetic and feature enhancements compared to the previous model. With the arrival of the facelift, it is anticipated that there will also be a price increase. The global unveiling of the 2023 BMW X5 and X6 facelifts took place in February of this year.

12.07 / 13:03

Twitter Platform Gap Airlines Zara Mercedes-Benz Bulgari apologizes to China for listing Taiwan as a country after online backlash

Italian luxury brand Bulgari is the latest international brand to apologize to China after listing Taiwan as a country on its website

12.07 / 12:37

UPS Cooper Waters Compilation Mercedes-Benz GST hike on SUVs unlikely to put the brakes on auto sales

The GST hike on SUVs may have a negligible effect on overall sales. Industry observers say demand for MPVs makes up for less than 12% of auto sales and that could be the reason for the effect being very limited on the auto sector.

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