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Mercedes-Benz

Mercedes-Benz’s Luxury Pitch Needs Tougher Road Testing

Mercedes-Benz DMLRY 0.54% Group Chief Executive Ola Källenius puts the problem well: “Even though everybody knows that Mercedes is kind of the elite original luxury brand in the car industry, perhaps the stock hasn’t been viewed in that category,” he told Heard on the Street.But bridging that perception gap isn’t as easy as it might sound. At a strategy day near Monaco Thursday, Mercedes laid out a plan to change the investor mind-set. It…

Vintage Mercedes-Benz 300 SLR Uhlenhaut Sells for a Record $143 Million to Private Collector

A 1955 Mercedes-Benz, one of only two of its kind, was auctioned off earlier this month for a whopping 135 million euros ($143 million), making it the most expensive car ever sold, RM Sotheby’s announced Thursday. The Mercedes-Benz 300 SLR Uhlenhaut was sold to a private collector, the classic car auction company said in a statement, fetching almost triple the previous record price for a car, which was set in 2018 by a 1962 Ferrari 250 GTO that went for over $48 million. The invitation-only auction took place on May 5 at…

Mercedes-Benz to Focus on High Luxury Vehicles, Target Increased Profits

Mercedes-Benz S-Class. (Photo: Manav Sinha/News18.com)Mercedes-Benz said that it will commit 75 percent of its investments to the top two-thirds of its product range.AFP Last Updated:May 20, 2022, 11:27 ISTFOLLOW US ON:German carmaker Mercedes-Benz said Thursday it would focus more on high luxury vehicles in the hope of boosting profit margins. Luxury had “always been the core of our brand” and would become the cornerstone of the manufacturer’s strategy, Mercedes-Benz CEO Ola Kallenius said in a statement. The group said…

EasyPark and Renault collaborate for automated parking features, Auto News, ET Auto

Renault's infotainment system "OpenR Link" is based on Android's operating system Android Automotive.New Delhi: Automaker Renault and mobility tech company EasyPark today announced a new collaboration that lets drivers experience the future of parking. Together, the two companies are releasing the EasyPark app features directly integrated in the infotainment system of Renault's new car Megane E-Tech Electric.With this collaboration, the companies will integrate the EasyPark app into Renault's new car model Megane E-Tech…

2022 Mercedes-Benz C-Class Launched in India, Price Starts at Rs 55 Lakh

2022 Mercedes-Benz C-Class. (Image: Manav Sinha/News18.com)The new Mercedes-Benz C-Class has been launched in India with prices starting at Rs 55 lakh (ex-showroom) in India. The sixth-generation iteration comes with a host of changes mechanical and cosmetic.Mercedes-Benz has launched the new C-Class in India with prices starting at Rs 55 lakh (ex-showroom). Bookings for the car had begun ahead of the launch and the company has now unveiled the pricing for the car. In terms of design, the sixth-generation C-Class come to…

Mercedes-Benz Vision EQXX Concept Electric Car Just Covered 1,000 Km on a Single Charge

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 more efficient than the current average for electric cars. Speaking as the carmaker celebrated the successful test drive of its EQXX prototype vehicle over more than 1,000 km from Sindelfingen in Germany to the Cote d’Azur on a single charge, CTO Markus Schaefer said the efficient design was key to maximising an electric car’s range.“First we…

Mercedes-Benz EQC Electric SUV with Over 470 Km Range Gets Rs 7 Lakh Discount

Mercedes-Benz India has slashed the prices of the EQC model, its first battery-electric vehicle (BEV) in India. The German automaker is selling the EQC at a discount of Rs 7 lakh. Car lovers can bring the EV model for Rs 99.5 lakh (ex-showroom price), similar to its launch price back in 2020.The luxury car manufacturer launched the EQC in October 2020 at an ex-showroom price of Rs 99.3 lakh. The following year, the vehicle received two hikes and the prices went up to Rs 1.06 crore. However, Mercedes is now offering a…

Mercedes-Benz C-Class 2022 India Launch on May 10, Bookings Open

Your wait for the new Mercedez-Benz C-class is over as you can finally book the sedan at an amount of Rs 50,000 between April 13 and 30, if you are an existing Mercedes-Benz customer. If not, nothing to worry about since you can also book the car after May 1 even if you are not an existing customer of the German premium car brand.The automobile giant has said that the next-generation C-Class sedan will be launched in India on May 10 and sold through Mercedes-Benz India’s Franchise Partner network and Mercedes-Benz India…