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China to be centre of Mercedes-Benz 2025 EV sales drive, Automobilwoche says

FRANKFURT: Mercedes-Benz (MBGn.DE) is making China, the world's top auto market, central to its next electric vehicle (EV) campaign starting in 2025, its CEO told...

Mercedes-Benz doubles net profit in Q3

FRANKFURT: German luxury carmaker Mercedes-Benz said Wednesday its net profits in the third quarter doubled year-on-year, to almost four billion euros ($4 billion), driven...

Mercedes-Benz ready to take on Tesla in all-electric car market

LONDON: Mercedes-Benz maker Daimler plans to invest more than 40 billion euros ($47 billion) by 2030 to be ready to take on Tesla in...

Carmakers announce to lower prices

BMW said it would reduce prices for both domestically produced and imported models, including the locally-made BMW 3 series and BMW 5 series

Uber strikes deal to add self-driving Mercedes-Benz to fleet

SAN FRANCISCO: Uber has signed another deal with a major automaker as the popular ride service accelerates efforts to build out one of the world's...

Mercedes-Benz to overtake BMW as largest premium carmaker

WARSAW: Mercedes-Benz is expected to reach its goal of becoming the largest premium carmaker four years early - a feat achieved, ironically, only after...

Apple’s auto ambitions sideswipe electric motorcycle startup

SAN FRANCISCO: Apple Inc's aggressive recruitment of auto experts as it explores building a car has left a promising, if financially troubled, electric motorcycle startup in the dust.

China province fines Mercedes Benz $56 mn for price fixing

BEIJING: Chinese authorities fined Mercedes-Benz 350 million yuan ($56 million) on Thursday for violating anti-monopoly laws and price fixing, investigators said.

Mercedes-Benz Cars 2014 sales up 11.4 percent to 1.74 million vehicles

FRANKFURT: Daimler, maker of Mercedes-Benz and Smart-branded cars, said deliveries rose 11.4 percent in 2014, to a record 1,739,854 cars, thanks to a 30 percent sales jump in China and 25 percent higher registrations of Mercedes compact cars.

Volvo to launch online car sales in marketing shift

PARIS: Volvo Car Corp said it will start selling vehicles online as it rolls out new models to compete with German luxury rivals such as BMW.

BMW sales up 8.4 percent in July but lead over Audi shrinks

BERLIN/FRANKFURT: BMW's lead over German rival Audi is shrinking, despite increasing deliveries in July, as the luxury-car leader posts lower volume growth in the United States and Europe.

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