Page 5 - Mercedes-benz

Mercedes-Benz India to increase car prices by 5% from January 15

Premium car maker Mercedes-Benz India on Friday said it is hiking its car prices by 5 per cent from January 15, owing to the currency depreciation and increasing input costs

Mercedes-Benz unveils massive 56-inch AI-powered 'Hyperscreen' display

Mercedes-Benz has unveiled a massive 56-inch, pillar-to-pillar infotainment display called "MBUX Hyperscreen" that will debut in the EQS electric sedan in late 2021

Sportcars to EVs, new wheels on the block set to drive interest in 2021

The latest sportscars, sedans, SUVs and electric vehicles to look forward to this year

2021 will be one of the most product intense years: Mercedes-Benz India

The luxury car maker says its third quarter sales are back at pre-Covid levels

Mercedes-Benz, the first motor car maker, flags off race for luxury EVs

Launched a few weeks ago, Merc's electric SUV is among the other such luxury electric vehicles (EVs) that are on their way

Festive boom: Mercedes-Benz delivers 550 cars during Navratri, Dussehra

German luxury carmaker Mercedes-Benz on Monday said it delivered 550 cars during Navratri and Dussehra thus driving into a robust festive season. The deliveries were in Mumbai, Gujarat, Delhi NCR and other Northern markets. The festive season deliveries in the Delhi-NCR region stood at 175 units and there is anticipation of strong demand for upcoming Diwali and Dhanteras period, Mercedes-Benz India said in a statement. Commenting on the performance, Mercedes-Benz India Managing Director & CEO Martin Schwenk said, "the festive season this year has begun on a very strong note and we are glad to witness this positive customer sentiment." He further said, "this impressive number of deliveries makes us confident of a good festive season and firmly underlines the trust and confidence that luxury car buyers have on Mercedes-Benz brand and products." On the outlook, he said, "we are confident of further driving this momentum for the rest of the festive period and the quarter. We have an .

Daimler lifts 2020 profit outlook as China sales revive Mercedes margins

The company's adjusted EBIT rose to 3.479 billion euros ($4.11 billion) in the quarter, up from 3.14 billion euros in the year-earlier period

Mercedes-Benz Q3 margins rebound on China boost; rise to 9.4% from 7%

Daimler said its adjusted EBIT rose to 3.479 billion euros ($4.11 billion) in the quarter, up from 3.14 billion euros in the year-earlier period

Mercedes-Benz reports 38% drop in sales at 2,058 units in India for Q3

German luxury car maker Mercedes-Benz on Wednesday reported a 38.64 per cent drop in its sales at 2,058 units in India in the third quarter of the ongoing year but almost reached its pre-COVID sales level. The company had sold 3,354 units in the July-September quarter last year. Mercedes-Benz India said it is witnessing a V-shaped recovery of sales based on the Q3 performance, pointing to the beginning of a good festive season. The Q3 sales also almost reached pre-COVID level for the first time since lockdown. In the first quarter of 2020, sales were at 2,386 units as against 3,885 units in the year-ago period, down 38.58 per cent, the company said. Commenting on the sales performance, Mercedes-Benz India Managing Director & CEO Martin Schwenk said,"We are glad to witness a strong comeback in the course of the last quarter, with a significant increase from month-to-month within the third quarter." This performance is a result driven by the company's new product introductions, ...

Car makers drive in top-of-the-line models in defiance of slowdown

Buyers have been lapping up new model launches, show booking and sales trends

Daimler to cut fixed costs, capex over 20% by 2025; take Mercedes upmarket

FRANKFURT (Reuters) - German automaker Daimler will cut fixed costs, capex and R&D spending at Mercedes-Benz by more than 20% by 2025 as part of a strategy overhaul to take the brand further upmarket.

Car market in slow lane, Mercedes rides high on branded merchandise sales

From watches and shades to fitness bicycles, online shoppers have been lapping it up all in a big way; 75% of shoppers in 18-34 age bracket, firms' revenue tops Rs one crore from this biz

Mercedes-Benz cheated to evade emission norm, to pay $2.2 bn in settlements

In court documents, Daimler agreed to pay 250,000 owners up to $3,290 each to get polluting vehicles repaired and agreed not to oppose paying $83.4 million in attorneys fees and expenses

Mercedes-Benz to open bookings for its mid-size SUV from September 8

German luxury car maker Mercedes-Benz announced opening the bookings of its mid-size SUV, AMG GLE 53 4MATIC+ Coupe, from September 8

Mercedes-Benz may face German sales ban after Nokia wins patent ruling

Daimler, owner of the Mercedes-Benz brand, violated Nokia's mobile-technology patents in its cars, judges in Mannheim said Tuesday

The hip-hop inspired Mercedes-Benz GLE 400d is an SUV with cool moves

The GLE 400d is styled like most Merc SUVs but with nifty new touches

Mercedes-Benz to recall more than 660,000 vehicles in China for oil leak

Most of the vehicles were made in China by Beijing Benz Automotive Co, about 12,500 were built by Fujian Benz Automotive Co. and about 36,000 were imported

SUV game hots up: Mercedes shifts to higher gear in race with Audi

New GLS is 7th SUV in lineup, Offers Covid-19 Lab Navigation

Mercedes Benz bets on high-performance cars for the tech-inclined driver

Prices start at Rs 75 lakh for C43 Coupe to Rs 3 crore for a fully loaded AMG S63.

Changes in consumer behaviour to drive brands to rethink positioning norms

The pandemic is changing consumer behaviour say experts, forcing marketers to rethink the differentiators between mass and premium brands