Mercedes

Annual sales of battery-electric cars (BEV) dropped by 23 per cent to 185,100 vehicles, adding pressure on the carmaker as new, harsher EU CO2 emission reduction targets take effect this year

The new Mercedes-AMG CLE 53 will come with a wider stance and enhanced style, powered by the 'M256' 3.0-litre twin-turbo six-cylinder engine coupled with a 48V mild-hybrid system

Mercedes-Benz Cars sold 1.46 million cars in the first nine months of this year, down 4.3% from the same period of 2023

The clearest sign of their impact came on Friday, when Mercedes reported its weakest profitability

The stock has lost around 8% year to date, underperforming Germany's benchmark DAX index but still faring better than Volkswagen, BMW, and Porsche AG

The latest warning signs came last week, when all three German manufacturers reported slumping third-quarter sales in China

Mercedes-Benz Cars now expects its adjusted return on sales to be between 7.5 per cent and 8.5 per cent

The company said it now expected an adjusted return on sales in the range of 10-11 per cent this year, down from its previous target range of 10-12 per cent

A woman accused of mowing down two men while driving her Mercedes car under the influence of alcohol in Nagpur surrendered before police on Monday, more than four months after the crash, and was subsequently placed under arrest, officials said. Ritika alias Ritu Maloo walked into a city police station where she was formally arrested in the evening after questioning, they said. Late last month, the Nagpur bench of the Bombay High Court refused pre-arrest bail to the woman, saying no prudent person drives under the influence of alcohol and termed it as a serious misconduct. The incident occurred on February 25 on Nagpur's Ram Jhula bridge when Maloo drove her Mercedes car recklessly allegedly under the influence of alcohol and crashed into two men on a scooter. Both riders, Mohd Hussain Gulam Mustafa and Mohd Ateef Mohd Zia, sustained fatal injuries in the crash. Initially booked under various sections of the Indian Penal Code and the Motor Vehicles Act for rash and negligent driving

Photos released by Russian media showed Putin and Kim taking turns to take the wheel in the new Aurus around the guest house following the summit talks

Hamilton is hungry for a podium finish. His move from Mercedes to Ferrari could be a recipe for success or a disaster in the making

German luxury carmaker Mercedes-Benz on Wednesday said it will hike prices of select models in India by up to 2 per cent from January 1 next year to partially offset rising input, commodity and logistics costs. The price hike will range from Rs 60,000 for the C-Class to Rs 2.6 lakh for a GLS SUV and up to Rs 3.4 lakh for the top-end imported Mercedes-Maybach S 680. "High-cost pressures driven primarily by rising input costs, commodity pricing, and increased logistics costs, combined with inflationary pressures have been exerting cost pressure on our overall operations. "As we rein in higher efficiencies to offset these rising costs, a slight price adjustment for select models is necessitated to sustain our profitable business operations and retain the price positioning," Mercedes-Benz India Managing Director and CEO Santosh Iyer said in a statement. He further said, "While we continue to absorb the majority of this increase, a small portion must be passed on to the market to offset

On Nov. 13, a 1962 Ferrari 330 LM/250 GTO by Scaglietti sold for $51.7 million at an RM Sotheby's sale in New York City. The antique racer was the most expensive Ferrari ever to sell at auction

Mercedes-Benz India on Tuesday said it has appointed Amrit Baid as Head of Marketing and Customer Journey with effect from February 1, 2024. Baid, who is currently associated with Region Overseas Marketing team of Mercedes-Benz Malaysia, succeeds Pradeep Srinivas who moves to Mercedes-Benz AG headquarters taking up a global role. "Amrit is a home-grown talent with a proven record of strategizing and delivering key marketing campaigns in India. He now joins us from Region Overseas Malaysia, where he successfully steered various projects to integrate and optimise digital customer experience," Mercedes-Benz India Vice President (Sales & Marketing) Lance Bennett said in a statement.

German luxury carmaker Mercedes-Benz expects 2023 to turn out to be its best year in terms of sales in India as the demand for high-end cars continues to grow post the Covid pandemic, according to a top company official. The carmaker, which sold 15,822 units in the Indian market in 2022, its highest ever in the country so far, anticipates the overall luxury car segment to post its best ever performance this calendar year. In an interaction with PTI, Mercedes-Benz India MD and CEO Santosh Iyer said the company reported a 13 per cent year-on-year growth in its sales at 8,528 units in India in the first half of 2023, its best-ever half-yearly sales in the country. "We are now coming into the third quarter of this year, and we feel the trend should continue which should mean that we should be able to end this year on a record high once again," he noted. Iyer said the company expects double digit sales growth this year even as multiple challenges exist in the market. "There is a lot of

Mercedes-Benz Group AG had enjoyed a string of successful years in the country, the chief executive officer said, but the best was yet to come

With the launch of the EQB by year-end, Mercedes will have a portfolio of four EVs. It expects a fourth of its sales in India to come from electric in the next five years

In June, the EU and India relaunched talks for a free trade agreement with the aim of completing them by the end of 2023

Luxury carmaker Mercedes-Benz has submitted its interim report on the fatal accident of industrialist Cyrus Mistry to the Palghar police, which mentions that the brakes of the vehicle were pressed five seconds before it crashed into the road divider, a senior official said on Friday. He also said that a team of experts from Mercedes-Benz is scheduled to visit Mumbai on Monday from Hong Kong to carry out an inspection of the car. Mistry (54) and his friend Jahangir Pandole were killed on Sunday afternoon when their Mercedes car hit a road divider in Palghar district. Two other car occupants, Anahita Pandole (55), who was at the wheel, and her husband Darius Pandole (60) suffered injuries and were admitted to a private hospital in Mumbai. The accident had occurred on the Surya river bridge when they were on their way to Mumbai from Gujarat. "Mercedes-Benz has submitted its interim report to the police. It says that the car was running at a speed of 100 kmph a few seconds before the .

To begin with, seat belts for rear passengers should be enforced at least on national highways when one is travelling at 70 kmph and above, say safety experts