Mercedes-Benz Cars is planning to assemble passenger cars in Egypt in cooperation with a local partner. Following successful discussions, the company signed a Memorandum of Understanding with the Egyptian government on Monday. Markus Schäfer, member of the Daimler AG Board of Management for Group Research and Mercedes-Benz Cars Development: “Egypt has been an important market… Continue reading Mercedes-Benz Cars signs a Memorandum of Understanding for new car assembly in Egypt
Category: OEMs
The Wolf of Wolfsburg: Autocar meets VW boss Herbert Diess – Autocar
What’s the shape of the future, I ask. Will electrified and conventional cars just fight it out? Will car makers try to force the market? There’ll be no forcing, Diess insists. Progress will be variable and depend heavily on government incentives. “Tesla couldn’t have made its way without the $7500-a-car US government incentive,” says Diess,… Continue reading The Wolf of Wolfsburg: Autocar meets VW boss Herbert Diess – Autocar
Daimler adjusts earnings expectations
Increase of provisions for various ongoing governmental proceedings and measures relating to Diesel vehicles by a high three digit million amount will affect Daimler’s second quarter 2019 earnings and be taken into account in the Group EBIT. Outlook for Group EBIT in 2019 now expected to be in the magnitude of the previous year. Return… Continue reading Daimler adjusts earnings expectations
23. Jul 2019Daimler welcomes investment by BAIC Group
July 23, 2019 – Daimler welcomes investment by BAIC Group Ola Källenius, Chairman of the Board of Management of Daimler AG and Head of Mercedes-Benz Cars: “We are very pleased that our long-standing partner BAIC is now a long-term investor in Daimler.” Daimler and BAIC are linked in a long-term partnership Daimler has been shareholder… Continue reading 23. Jul 2019Daimler welcomes investment by BAIC Group
03. Jun 2019 Mercedes-Benz USA reports May Sales of 27,080 Vehicles
June 03, 2019 – Mercedes-Benz USA reports May Sales of 27,080 Vehicles Atlanta – Mercedes-Benz USA (MBUSA) today reported May sales of 27,080 Mercedes-Benz models – an increase of 0.4% over May 2018. Mercedes-Benz Vans reported May sales of 2,862 units and smart reported 106, bringing MBUSA to a grand total of 30,048 vehicles for… Continue reading 03. Jun 2019
Mercedes-Benz USA reports May Sales of 27,080 Vehicles
22. May 2019 Daimler in transition: focus on sustainability, efficiency and mobility of the future PDF (0.19 MB)
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BMW is tightening its electric strategy
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“Let us go as we wish”
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Aston Martin CEO claims Valkyrie will attempt a ‘Ring record, report says – CNET
The idea that this 1,200-horsepower monster would show up to set a lap record on an open track day is bananas. Aston Martin The automotive world has been freaking right the hell out about Aston Martin’s technological tour-de-force: the Valkyrie. I mean, there’s every reason to. It’s got a naturally aspirated V12 that revs to… Continue reading Aston Martin CEO claims Valkyrie will attempt a ‘Ring record, report says – CNET
Ford to Deliver Exciting Ford GT Supercar News at Goodwood Festival of Speed
About Ford Motor Company Ford Motor Company is a global company based in Dearborn, Michigan. The company designs, manufactures, markets and services a full line of Ford cars, trucks, SUVs, electrified vehicles and Lincoln luxury vehicles, provides financial services through Ford Motor Credit Company and is pursuing leadership positions in electrification, autonomous vehicles and mobility solutions.… Continue reading Ford to Deliver Exciting Ford GT Supercar News at Goodwood Festival of Speed