Sonic, back in acquisition market, buys 2 stores in Denver 2:36 pm U.S. ET | May 24, 2013 Sonic Automotive is back in the dealership acquisition market with the purchase of large BMW and Mercedes stores in Denver.... Read More »
Daimler may sell company-owned German dealerships to cut costsMay 22, 2013 13:19 CET Daimler may sell four company-owned Mercedes-Benz dealerships in Germany to cut costs and help close a profitability gap with rivals BMW and Audi. Daimler owns 98 Mercedes car showrooms that account for about half of its car sales in Germany, the brand's second-biggest market after the United States.... Read More »
Mercedes workers end strike in S. AfricaMay 21, 2013 10:00 CET A two-day strike at Mercedes-Benz's East London car plant in South Africa ended following crisis talks between management and a workers union.... Read More »
German brands enjoy sales boom in KoreaMay 21, 2013 06:01 CET South Korea has become a growth market for BMW, Mercedes and Audi as lower tariffs make their cars cheaper and local buyers abandon a decades-long preference for domestic brands.... Read More »
Toyota overtakes BMW as most valuable global car brandMay 21, 2013 01:15 CET Toyota has overtaken BMW as the world's most valuable automotive brand, an annual ranking of the world's top brands shows. Toyota's 2013 brand value rose 12 percent to $24.5 billion largely because of its significant inroads in the hybrid market, according to the study.... Read More »
A tech triumph for the S class? 12:01 am U.S. ET | May 20, 2013 With a technology-rich S-class redesign arriving this fall and several derivatives to be added by 2015, Mercedes-Benz aims to boost stalled sales of its flagship.... Read More »
M-B redesigned S class with China in mind 12:01 am U.S. ET | May 20, 2013 The redesigned Mercedes-Benz S class made its world debut last week in Hamburg, Germany, but Shanghai might have been more appropriate. Why? China accounted for 49 percent of all 2010-12 S-class sales.... Read More »
Hyundai, Kia losing ground to luxury imports at home as tariffs fall 12:01 am U.S. ET | May 19, 2013 Foreign brands have seen their share of South Korea's market for premium vehicles surge to 41 percent from 28 percent in the past two years, according to Korean industry groups, as lower tariffs make their cars cheaper and local buyers abandon a decades-long preference for domestic brands.... Read More »
Audi overtakes BMW as India's top-selling premium brandMay 18, 2013 06:01 CET Audi has overtaken BMW as India's top seller of luxury vehicles, and Audi executives say the success is due to the automaker's rapid expansion outside large urban centers, as well as the Q3 SUV introduced last year.... Read More »
Europe car sales rise for first time in 19 monthsMay 17, 2013 08:34 CET European car sales rose for the first time in 19 months on strong demand in the UK and a rebound in Germany. Registrations in April increased 2 percent to 1.08 million vehicles from 1.06 million cars a year earlier, industry association ACEA said.... Read More »
ANALYSIS New S class key to boosting Mercedes profit margins, China salesMay 17, 2013 06:01 CET Daimler CEO Dieter Zetsche was leaning back in the rear seat of a prototype Mercedes-Benz S-class sedan in 2010 when he realized it didn't recline far enough.... Read More »
ANALYSIS New S class key to boosting Mercedes profit margins, China sales 9:00 am U.S. ET | May 16, 2013 Daimler AG CEO Dieter Zetsche was leaning back in the rear seat of a prototype Mercedes-Benz S-class sedan in 2010 when he realized it didn't recline far enough.... Read More »
DIANA T. KURYLKO With Mercedes, there's nothing bigger than S-class launch 10:46 am U.S. ET | May 16, 2013 If you're going to unveil a flagship that will sell for nearly $100,000 in the United States, go big -- really big. That's what Mercedes-Benz did for the debut of the 2014 S class here on Wednesday. The launch was staged in a customer delivery center used for the Airbus A380 -- a plane its creators modestly call the "queen of the skies."... Read More »
DOUGLAS A. BOLDUC How a pope inspired Zetsche to become a Mercedes man 12:01 am U.S. ET | May 16, 2013 A religious experience set Dieter Zetsche on his path to becoming CEO of Mercedes-Benz.... Read More »
DOUGLAS A. BOLDUC How a pope inspired Zetsche to become a Mercedes man 12:01 am U.S. ET | May 16, 2013 A religious experience set Dieter Zetsche on his path to becoming CEO of Mercedes-Benz.... Read More »
Revamped Mercedes S class strives to set new luxury mark 2:00 pm U.S. ET | May 15, 2013 Mercedes-Benz is heralding the redesigned 2014 S class as a flagship that will set new benchmarks for luxury sedans with its packaging of technology, safety gear and opulence.... Read More »
DOUGLAS A. BOLDUC Is the S in the new Mercedes S class for Shanghai? 12:01 am U.S. ET | May 15, 2013 The new Mercedes-Benz S class made its world premiere today in Hamburg, Germany, but Shanghai might have been more appropriate. Why? China accounted for nearly half of all S-class sales from 2010-2012.... Read More »
Mercedes makes new S class leaner, greenerMay 15, 2013 23:50 CET The new Mercedes-Benz S class is 100kg lighter than the model it will replace and its greenest variant will emit less CO2 than a Smart ForTwo. The brand's flagship sedan also has six eyes and six ears that allow it to see and hear enough to drive itself at speeds up to 60kph.... Read More »
New Mercedes S class strives to set new luxury markMay 15, 2013 19:58 CET Mercedes-Benz is heralding its latest-generation S class as a flagship that will set new benchmarks for luxury sedans with its packaging of technology, safety gear and opulence.... Read More »
DOUGLAS A. BOLDUC Is the S in the new Mercedes S class for Shanghai? 12:01 am U.S. ET | May 15, 2013 The new Mercedes-Benz S class makes its world premier today in Hamburg, Germany, but Shanghai might have been more appropriate. Why? China accounted for nearly half of all S-class sales from 2010-2012.... Read More »
Former Mercedes spokesman A.B. Shuman dies at 72 4:54 pm U.S. ET | May 14, 2013 Arnold Baer Shuman, a product spokesman for Mercedes-Benz of North America for more than two decades, died suddenly Friday at his home in New Jersey. He was 72.... Read More »
Audi sales in China exceed BMW, Mercedes on demand for SUVsMay 14, 2013 11:04 CET Audi saw the fastest sales growth among German premium marques in China last month after deliveries rose 13 percent to 38,710 vehicles in China and Hong Kong, the company said today. BMW, the world's largest premium automaker, reported an 11 percent gain in core-brand sales to 30,311 units, while Mercedes-Benz said brand sales increased 11 percent to 16,241 units.... Read More »
DOUGLAS A. BOLDUC Audi outsells BMW brand globally for 2nd time in 4 months 12:01 am U.S. ET | May 13, 2013 Audi has won rounds two and four of its 12-round fight with BMW brand, but the world luxury-car champ is still ahead on the overall scorecard.... Read More »
Toyota puts high beams on headlight regulation 12:01 am U.S. ET | May 13, 2013 With a recent petition, Toyota has intensified the pressure on safety regulators to approve new headlights currently forbidden on U.S. roads. The headlights use cameras to detect other cars and automatically dim the portions of the high beam that would shine in other drivers' eyes.... Read More »
DOUGLAS A. BOLDUC Audi outsells BMW brand globally for 2nd time in 4 months 12:01 am U.S. ET | May 13, 2013 Audi has won rounds two and four of its 12-round fight with BMW brand, but the world luxury-car champ is still ahead on the overall scorecard. The battle to finish 2013 as the global leader in premium-car sales will remain tense.... Read More »
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