(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 …
"Merced"
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Business News
China to be centre of Mercedes-Benz 2025 EV sales drive, Automobilwoche says
by Reutersby ReutersFRANKFURT (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 …
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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, …
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Business News
Mercedes-Benz picks Tesla’s charging standard for N.America EVs from 2025
by Reutersby Reuters(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 …
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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. …
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(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. …
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Business News
Mercedes plans new electric van platform, 20% cost cuts by mid-decade
by Reutersby ReutersBy 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% …
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US and World News
Shooting at German Mercedes plant kills two; production halted
by Reutersby ReutersBy 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 …
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Business News
In race for efficient EVs, Mercedes taps F1 team to keep up with Tesla
by Reutersby ReutersBy 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 …
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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 …
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Business News
Mercedes-Benz launches E-Class, its last new combustion engine model
by Reutersby ReutersBERLIN (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 …
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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 …
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Business News
Mercedes includes buyback option as Russian assets sale given official approval
by Reutersby Reuters(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 …
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Breaking NewsNew York City News
Police capture fugitive wanted for driving Mercedes into police vehicles, striking officer
by Adam Devineby Adam DevineMORICHES, 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 …
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(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 …
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Business News
Mercedes amps up renewable energy switch with Iberdrola wind deal
by Reutersby ReutersBy 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 …
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Business News
EU court rules Mercedes-Benz owes drivers compensation if illegal defeat devices caused damage
by Reutersby ReutersBERLIN (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 …
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Business News
Mercedes-Benz site searched over suspected corruption – newspaper
by Reutersby ReutersBERLIN (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 …
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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 …
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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 …
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Business News
Mercedes-Benz begins building battery recycling factory in southern Germany
by Reutersby ReutersFRANKFURT (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 …
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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, …
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Business News
Mercedes-Benz cars to have ‘supercomputers’, unveils Google partnership
by Reutersby ReutersBy 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 …
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(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 …
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Business News
VW, Mercedes-Benz urge Berlin to accelerate EV charging network expansion, report says
by Reutersby ReutersBERLIN (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 …