Mercedes-Benz and BMW to establish JV for high-power charging network in China
(Reuters) – German automaker Mercedes-Benz said on Thursday it had reached an agreement with BMW to establish a joint venture for operating a high-power charging network in China. At least 1,000 high-power…
Mercedes-Benz reports Q1 adjusted return on sales of 14.8%
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 on sales…
Mercedes-Benz site searched over suspected corruption – newspaper
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 investigation, the…
Mercedes-Benz begins building battery recycling factory in southern Germany
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 tonnes and…
VW, Mercedes-Benz urge Berlin to accelerate EV charging network expansion, report says
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 Bild am…
Mercedes-Benz sells 2.05 million passenger cars in 2022
BERLIN (Reuters) -Mercedes-Benz delivered 2.05 million passenger cars in 2022, the company said on Tuesday, down 1% on the previous year as the carmaker felt the impact of COVID-19 measures and bottlenecks.…
Norsk Hydro to supply Mercedes-Benz with low-carbon aluminium
By Victoria Klesty OSLO (Reuters) – Norsk Hydro will supply Mercedes-Benz with low-carbon aluminium for a range of models from 2023, including its electric EQ models, as the luxury carmaker plans to…
Mercedes-Benz gears up powertrain network for EVs from 2024
BERLIN (Reuters) – Mercedes-Benz laid out on Wednesday an over 1 billion-euro ($1.06 billion) plan to adapt its global production network for electric powertrain systems – including battery assembly, electric drive units,…
Rivian pauses JV plans with Mercedes-Benz to make electric vans in Europe
(Reuters) – Rivian Automotive Inc said on Monday it is pausing its joint venture with Mercedes-Benz Vans, just three months after the companies entered a partnership to make electric vans in Europe.…
Mercedes-Benz: top-end, battery-electric sales hampered by supply bottlenecks – CFO
BERLIN (Reuters) – Mercedes-Benz expects top end vehicle sales to rise in the single digits and said battery-electric vehicle production was hampered by production bottlenecks this year as it released third quarter…
Mercedes-Benz in preliminary offshore wind deal for electricity from 2027
BERLIN (Reuters) – Mercedes-Benz has struck a preliminary agreement with an offshore wind provider to supply electricity equivalent to 25% of its demand in Germany from 2027 onwards, a spokesperson for the…
Mercedes-Benz and Microsoft collaborate on supply chain data platform
BERLIN (Reuters) – Mercedes-Benz and Microsoft announced a partnership on Wednesday using Microsoft Cloud for a data platform intended to improve production efficiency at over 30 passenger car plants globally, the carmaker…
Mercedes-Benz Trucks, Hegelmann agree order of 50 long-haul e-trucks
BERLIN (Reuters) – Mercedes-Benz Trucks and Hegelmann Group have signed a letter of intent for the order of 50 battery-electric long-haul trucks, which are to be delivered to Hegelmann with the start…
Mercedes-Benz has further gas reduction plans in back pocket, production chief says
BERLIN (Reuters) – Mercedes-Benz has planned out measures by which it could reduce gas consumption by up to 50% but has not reduced it beyond 10% as of yet, the carmaker’s production…
Daimler Truck begins producing Mercedes-Benz branded trucks in China
BERLIN (Reuters) – Daimler Truck has begun producing Mercedes-Benz branded trucks in China, with the first vehicles rolling off production lines at its joint plant with China’s Foton Motor Co in Beijing…
Mercedes-Benz to build wind farm in northwestern Germany, examining solar options
BERLIN (Reuters) – Mercedes-Benz is planning to build a wind farm in the northwestern German state of Lower Saxony, by 2025 that is able to produce a hundred megawatts of electricity, equivalent…
Mercedes-Benz CEO rules out possibility of Chinese blocking minority -Handelsblatt
BERLIN – Mercedes-Benz CEO Ola Kaellenius ruled out the possibility that two major Chinese shareholders could increase their stakes and create a blocking minority, in an interview with German daily Handelsblatt on…
Mercedes-Benz lays first stone of new battery cell campus in Germany
BERLIN – Mercedes-Benz laid the first stone of a new research and development campus at its Untertuerkheim site in Germany on Tuesday which will research, design and begin small series production of…
Mercedes-Benz to use energy-dense silicon battery for G-Class
BERLIN – Mercedes-Benz will incorporate a new, highly energy-dense battery in its upcoming electric G-Class from 2025, it said on Tuesday, a solution to the problem of how to power large electric…
Mercedes-Benz plants see no impact from Russian gas delivery stop
BERLIN – Mercedes-Benz saw no impact from the stop in gas deliveries from Russia to Poland and Bulgaria on its plants, but was nonetheless working on ways to reduce its gas demand,…
Mercedes-Benz says inventory to remain high in Q2 amid chip shortage
BERLIN – Mercedes-Benz said it expects inventories to remain high in the second quarter as supply chain bottlenecks hinder production and deliveries, with semiconductor supply still very volatile. “There is quite a…
Mercedes-Benz completes 1,000 km electric drive on energy-efficient design
BERLIN – Mercedes-Benz aims to produce electric cars consuming as little as 10 kilowatt hours of energy per 100 km (62 miles), its chief technology officer (CTO) said on Thursday, a third…
Mercedes-Benz accelerates in-house software push with new tech centre
BERLIN – Mercedes-Benz opened a new 200 million euro ($217 million) software centre in Sindelfingen on Friday, its latest investment in boosting in-house software capabilities as it works to bring its own…
Mercedes-Benz puts 5,600 workers on vacation in Brazil due to chips shortage
SAO PAULO – Mercedes-Benz Group will put more than five thousand workers on collective vacation in two plants in Brazil due to the shortage of semiconductor chips, the company said on Monday.…
Mercedes-Benz reduces working hours at Sindelfingen plant
BERLIN – Mercedes-Benz has reduced working hours for some staff at its Sindelfingen plant, where it produces models including the S-Class and E-Class, as supply chain disruptions caused by the war in…
Mercedes-Benz says Russian nationalisation could threaten $2.2 billion in assets
By Nick Carey LONDON – Mercedes-Benz has 2 billion euros ($2.2 billion) in assets that could be threatened by Russian proposals to nationalise the property of foreign firms that leave because of…
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