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Search results for

"Merced"

  • Business News

    Mercedes-Benz raises profit outlook as higher prices boost margins

    by Reuters July 26, 2023
    by Reuters July 26, 2023

    (Reuters) -Mercedes-Benz on Wednesday raised its full-year forecast for operating profit, on the back of higher prices that helped the luxury carmaker shrug off higher material costs and negative currency …

  • Business News

    China to be centre of Mercedes-Benz 2025 EV sales drive, Automobilwoche says

    by Reuters July 23, 2023
    by Reuters July 23, 2023

    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. “To …

  • Business News

    Mercedes sales rise in Q2 on top-end, electric vehicles

    by Reuters July 11, 2023
    by Reuters July 11, 2023

    BERLIN (Reuters) – Mercedes-Benz Group sales in the second quarter rose 6% year-on-year – a total of 515,700 vehicles – on the back of demand for all-electric and top-end vehicles, …

  • Business News

    Mercedes-Benz picks Tesla’s charging standard for N.America EVs from 2025

    by Reuters July 7, 2023
    by Reuters July 7, 2023

    (Reuters) -German automaker Mercedes-Benz said on Friday its electric vehicles in North America will adopt the Tesla-developed charging technology from 2025 and also get access to more than 12,000 of …

  • Business News

    Mercedes to extend CEO Kaellenius’ contract – source

    by Reuters July 6, 2023
    by Reuters July 6, 2023

    BERLIN (Reuters) -Mercedes-Benz wants to extend Chief Executive Ola Kaellenius’ contract, a source with knowledge of the matter told Reuters on Thursday, confirming a report in the Handelsblatt business daily. …

  • Business News

    Mercedes drivers can soon turn to ChatGPT for voice control

    by Reuters June 15, 2023
    by Reuters June 15, 2023

    (Reuters) – ChatGPT will soon hit the road. Mercedes-Benz on Thursday said U.S. drivers could power some of their luxury vehicles with ChatGPT in a test program starting June 16. …

  • Business News

    Mercedes plans new electric van platform, 20% cost cuts by mid-decade

    by Reuters May 16, 2023
    by Reuters May 16, 2023

    By Nick Carey LONDON (Reuters) – Mercedes-Benz’s van unit said on Tuesday that it plans a new, scalable platform for its electric vans that will reduce fixed costs by 20% …

  • US and World News

    Shooting at German Mercedes plant kills two; production halted

    by Reuters May 11, 2023
    by Reuters May 11, 2023

    By Christina Amann and Ilona Wissenbach BERLIN (Reuters) -A shooting at a Mercedes-Benz plant in the city of Sindelfingen in southwestern Germany left two men dead on Thursday, mounting pressure …

  • Business News

    In race for efficient EVs, Mercedes taps F1 team to keep up with Tesla

    by Reuters May 2, 2023
    by Reuters May 2, 2023

    By Nick Carey BRIXWORTH, England (Reuters) – Mercedes-Benz has plugged its Formula One team into the engineering process to build vastly more efficient mass-market electric vehicles (EVs), slashing development times …

  • Business News

    Mercedes-Benz more upbeat on signs US, China picking up

    by Reuters April 28, 2023
    by Reuters April 28, 2023

    By Victoria Waldersee BERLIN (Reuters) -Mercedes-Benz struck a slightly more optimistic tone alongside its first quarter results on Friday, saying demand in China and the United States was showing signs …

  • Business News

    Mercedes-Benz launches E-Class, its last new combustion engine model

    by Reuters April 25, 2023
    by Reuters April 25, 2023

    BERLIN (Reuters) – Mercedes-Benz on Tuesday launched its last new combustion engine model – the next generation of the E-Class, which will be built in Germany and China and go …

  • Business News

    Mercedes-Benz reports Q1 adjusted return on sales of 14.8%

    by Reuters April 20, 2023
    by Reuters April 20, 2023

    BERLIN (Reuters) -Mercedes-Benz on Thursday posted first-quarter group adjusted return on sales of 14.8%, above market expectations, boosted by higher prices and strong demand. “Mercedes-Benz Cars delivered an adjusted return …

  • Business News

    Mercedes includes buyback option as Russian assets sale given official approval

    by Reuters April 19, 2023
    by Reuters April 19, 2023

    (Reuters) – Mercedes-Benz has agreed on a buyback option for its Russian assets, the sale of which has now been granted official approval, the German carmaker said on Wednesday, bringing …

  • Breaking NewsNew York City News

    Police capture fugitive wanted for driving Mercedes into police vehicles, striking officer

    by Adam Devine April 18, 2023
    by Adam Devine April 18, 2023

    MORICHES, NY – Christian Castillo, who had been evading police for over a month, was finally arrested in Moriches on Saturday after an extensive manhunt. Castillo was wanted for intentionally …

  • Business News

    Mercedes posts rise in Q1 sales boosted by EVs, premium cars

    by Reuters April 12, 2023
    by Reuters April 12, 2023

    (Reuters) -Mercedes-Benz Group sales rose moderately in the first quarter of the year, boosted by electric vehicles (EV) and premium cars, the German carmaker said on Wednesday. Worldwide sales increased …

  • Business News

    Mercedes amps up renewable energy switch with Iberdrola wind deal

    by Reuters March 30, 2023
    by Reuters March 30, 2023

    By Victoria Waldersee and Ilona Wissenbach BERLIN (Reuters) -Mercedes-Benz said on Thursday it had signed a power purchase agreement (PPA) with Spain’s Iberdrola for 140 megawatts (MW) of wind energy …

  • Business News

    EU court rules Mercedes-Benz owes drivers compensation if illegal defeat devices caused damage

    by Reuters March 21, 2023
    by Reuters March 21, 2023

    BERLIN (Reuters) -Carmaker Mercedes-Benz must pay compensation for unauthorized so-called defeat devices in diesel cars if the buyer suffers damages, the European Court of Justice (ECJ) ruled on Tuesday. It …

  • Business News

    Mercedes-Benz site searched over suspected corruption – newspaper

    by Reuters March 21, 2023
    by Reuters March 21, 2023

    BERLIN (Reuters) -German prosecutors are investigating two Mercedes-Benz employees for suspected corruption and conducted searches late last week at the carmaker’s factory in Sindelfingen as part of their investigation, the …

  • In the News

    Mercedes-Benz site searched over suspected corruption – newspaper

    by Reuters March 21, 2023
    by Reuters March 21, 2023

    BERLIN (Reuters) – German prosecutors are investigating two employees of Mercedes-Benz for suspected corruption and conducted searches late last week at the carmaker’s factory in Sindelfingen as part of their …

  • Business News

    Mercedes set to invest billions in e-vehicles plants

    by Reuters March 19, 2023
    by Reuters March 19, 2023

    BERLIN (Reuters) – Mercedes will invest billions of dollars to modernise its plants in China, Germany and Hungary over the coming years, magazine Automobilwoche reported, as the carmaker prepares to …

  • Business News

    Mercedes-Benz begins building battery recycling factory in southern Germany

    by Reuters March 4, 2023
    by Reuters March 4, 2023

    FRANKFURT (Reuters) – Mercedes-Benz laid the foundation stone for a sustainable battery recycling factory in Kuppenheim, southern Germany on Friday. The pilot plant will have an annual capacity of 2500 …

  • Business News

    Cisco works with Mercedes-Benz to create mobile office

    by Reuters February 27, 2023
    by Reuters February 27, 2023

    By Supantha Mukherjee BARCELONA (Reuters) – Cisco is working with Mercedes Benz to add its Webex conferencing tools to the dashboard of vehicles arriving in dealerships in the coming weeks, …

  • Business News

    Mercedes-Benz cars to have ‘supercomputers’, unveils Google partnership

    by Reuters February 23, 2023
    by Reuters February 23, 2023

    By Victoria Waldersee and Joseph White BERLIN (Reuters) -Mercedes-Benz said on Wednesday it has teamed up with Google on navigation and will offer “super computer-like performance” in every car with …

  • Business News

    Luminar, Mercedes-Benz expand deal for self-driving tech

    by Reuters February 22, 2023
    by Reuters February 22, 2023

    (Reuters) – Self-driving sensor maker Luminar Technologies Inc announced an expanded partnership with Mercedes-Benz Group on Wednesday to enable fully automated driving for its next-generation vehicles. Automakers from Tesla Inc …

  • Business News

    VW, Mercedes-Benz urge Berlin to accelerate EV charging network expansion, report says

    by Reuters February 19, 2023
    by Reuters February 19, 2023

    BERLIN (Reuters) – German carmakers Mercedes-Benz and VW have urged the government to do more to scale up the number of electric vehicle charging stations across the country, German paper …

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