Young India to Drive Next Decade of Luxury Car Growth
A top BMW official predicted that over the next 10 years, the luxury car segment in India, which currently accounts …
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Mercedes-Benz to Use BYD Blade Batteries
German auto giant Mercedes-Benz will use BYD’s LFP Blade Batteries in its EVs, as reported by the Chinese newspaper CBEA …
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Denza N7 Fastback Crossover Unveiled in China
Denza, the joint venture between BYD and Mercedes-Benz, has unveiled the N7 luxury fastback crossover in China.
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Mercedes Cuts EQE and EQS Sedan Prices in China by $33K
Mercedes-Benz has slashed the prices of its EQE and EQS electric luxury sedans in China by as much as $33,000 in a bid to boost sales.
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Ford and Mercedes-Benz Complete their Exits from Russia
Ford of America and Mercedes-Benz of Germany are the latest Western companies to close up shops in Russia, with the moves coming more than 8 months after Russian troops invaded Ukraine.
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Mercedes-Benz to Invest More Than €1.3 Billion on its Employees
Mercedes-Benz has announced that it is going to invest over €1.3 billion in the qualifications of its employees.
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Daimler AG to Rebrand as Mercedes-Benz Group AG on February 1
Daimler AG will be formally renamed Mercedes-Benz Group AG on 1st February 2022, nearly a year after the spin-off of its truck and bus division was announced– in a move its boss hopes will unlock shareholder value for the premium carmaker.
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Mercedes-Benz and Geely Confirm Hybrid Engine R&D Partnership
Daimler AG and Geely Holding, the parent companies of Mercedes-Benz and Geely Auto respectively, have confirmed their plans to collaborate on developing “highly efficient powertrain systems for next-generation hybrid vehicle applications.”
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Mercedes-Benz and Geely Have Established Global Joint Venture
Mercedes-Benz and Zhejiang Geely Holding Group have announced today to have formally established the global joint venture “Smart Automobile Company Ltd.” for the smart brand after receiving the regulatory approvals.
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Geely Proceeding to Acquire 4 Billion Euros Stake in Daimler AG
According to a report of China Central Television (CCTV), Geely has started the process to acquire a certain stake of …
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