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Posts Tagged ‘daimler news’

Mercedes New Russian Plant: Start of Change?

Most automakers cut ties to market, although Ford pondering expansion.

by on Jun.20, 2017

Daimler and Russian officials show off the model for the new Mercedes-Benz plant just outside Moscow.

As many automakers have been running away from the Russian auto market, a few others are moving into to expand their foothold in their absence. Daimler AG began construction of a new Mercedes-Benz plant near Moscow: the first new investment by a major foreign automaker in years.

The German maker is investing nearly $280 million into the new factory to build new Mercedes E-Class sedans starting in 2019 with the luxury brand’s GL class sport utility vehicles following afterward.

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“Establishing a passenger car production in Russia is a strategic investment in an important sales market for Mercedes-Benz. We are extending our local footprint and, at the same time, strengthening our global competitiveness,” said Markus Schäfer, member of the Divisonal Board of Mercedes-Benz Cars, Production and Supply Chain, during the groundbreaking ceremony. (more…)

83 and Counting, Mercedes Flooding Market with New Models

New small cars, electric vehicles among those heading to market.

by on Jun.16, 2017

The 2018 Mercedes-Benz E400 Coupe.

A handful of reporters got the chance to check out the newest addition to the Mercedes-Benz line-up this week, slaloming through the winding mountain roads north of Vancouver, British Columbia in the 2018 E-400 Coupe. But even as the media drive was underway, Mercedes confirmed yet another version of the midsize mainstay was on its way, the completely redesigned E-Class Cabriolet.

By the time both the E-Class coupe and convertible reach showrooms in the coming months, Mercedes will have a whopping 83 different products on sale in the U.S., and there are a number of additional products available for buyers abroad that don’t make it to the States, such as the little A-Class line and the big R-Class people-mover.

The Last Word!

But Mercedes isn’t about to relax. If anything, it is ramping up its product assault with an array of offerings now in various stages of development, including its first pickup and an assortment of battery-electric vehicles, or BEVs, that will be sold through a new sub-brand, Mercedes-EQ.

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Toyota Pulls Plug on Long-Standing Relationship with Tesla

Japanese makers sells off its remaining shares of battery-carmaker.

by on Jun.05, 2017

Toyota is ramping up its own electric vehicle program instead of relying on former partner Tesla.

Toyota revealed over the weekend that it had sold off all of its remaining shares in Tesla Inc., the Silicon Valley-based battery-electric automaker, ending what had once been seen as a promising tie-up.

The move – which, it turns out, was completed by the end of 2016 – comes as Toyota ramps up its own, tenuous electric vehicle program, shifting some of its resources away from its long-standing hydrogen fuel-cell program.

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“Our development partnership with Tesla ended a while ago, and since there has not been any new developments on that front, we decided it was time to sell the remaining stake,” Toyota spokesman Ryo Sakai told the Reuters news service, adding that the move was part of a periodic review of investments. (more…)

Daimler, BAIC Ink Deal to Produce EVs in China

German maker to invest in plant to expand production.

by on Jun.02, 2017

Daimler's China chief, Hubertus Troska, will oversee the new deal with BAIC to increase EV production in China.

Daimler AG and its principal Chinese partner BAIC Group inked a deal to invest in the Mercedes-Benz plant in China to increase production of electric vehicles there.

Hubertus Troska, member of the Board of Management of Daimler AG, responsible for Greater China, and Xu Heyi, chairman of the BAIC Group attended the signing ceremony held in Berlin, as did German Chancellor Angela Merkel and Chinese Premier Li Keqiang.

Global Auto News!

The agreement focuses on two significant actions. First, Daimler will acquire a minority share in Beijing Electric Vehicle Co., Ltd. (BJEV), a subsidiary of the BAIC Group or collaborate with BAIC in the NEV sector. (more…)

Daimler Spends $1.15B Building Two EV Battery Plants

German vehicle maker readying two plants to make batteries.

by on May.23, 2017

German Chancellor Angela Merkel examines some of the technology that will be used at Daimler's new EV battery plant.

With investments in electric vehicles and batteries continuing to climb in the industrial world, Germany’s Daimler AG has broken ground for a new 500-million-euro battery factory near Dresden that is being described as one of the largest and most modern plants of its kind in the world.

“The automotive industry is facing a fundamental transformation and we see ourselves as the driving force behind this change,” said Daimler CEO Dieter Zetsche.

Tech News!

“The battery factory in Kamenz is an important component in the implementation of our electric offensive. By 2022, we will have more than ten purely electric passenger cars in series. We also continue to drive forward the hybridization of our fleet. Under the EQ brand, we are creating a holistic ecosystem for e-mobility,” said Zetsche, who was accompanied to the ground-breaking ceremony by German Chancellor Angela Merkel. (more…)

Zetsche Offers New Look at Next-Gen Mercedes-Benz CLA

Dr. Z puts on the camouflage.

by on May.17, 2017

Dr. Z grabs a selfie along with the slightly disguised, next-gen Mercedes-Benz A-Class.

Mercedes-Benz has a lot riding on the little CLA. The little sedan proved to be one of the biggest hits in the maker’s history when it made its debut four years ago. And with a new version in the works, we’ve been scrambling to get some idea of what it will look like.

We got our first hint at the Shanghai Motor Show last month when Mercedes rolled out the Concept A, a rather thinly disguised version of the next-gen A-Class model that shares its underpinnings with the CLA, GLA sport-ute and other compact Benz models.

We Strip Off the Disguise!

Now, we’re getting another look at this downsized family thanks to Dieter Zetsche, the mustachioed CEO of Daimler AG and head of the Mercedes brand, who, in words and pics and words posted on LinkedIn, is sharing his experience driving the new small car family.

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Daimler Profits Double in First Quarter 2017

Mercedes-Benz record sales lead to impressive results.

by on Apr.27, 2017

Daimler's Dieter Zetsche said the company rode strong sales from Mercedes-Benz to strong profits in the first quarter.

Record sales by Mercedes-Benz Cars and Mercedes-Benz Vans helped Daimler AG double its profits during the first quarter.

“A very successful quarter lies behind us,” said Dieter Zetsche, chairman of the Board of Management of Daimler AG and Head of Mercedes-Benz Cars, adding the company continues to implement its strategy for sustainable growth.

Global Auto News!

“Ahead of us, we have a variety of opportunities for further profitable growth. We do have the right products to take advantage of these opportunities – and the financial strength to make the necessary investments. The latest example: our new S-class. Daimler remains in the fast lane,” Zetsche said. (more…)

Daimler Cautions it Could Be Target for Diesel Penalties and Recalls

Warning comes days after court approves $2.8b VW diesel fine.

by on Apr.26, 2017

The 2017 Mercedes-Benz ML320 BlueTec is one a number of different Daimler diesels.

Daimler AG is finding itself in the crosshairs and wondering whether it could be the next target in a crackdown on diesel emissions scams.

The automaker today issued an advisory that it could face penalties, which could mean fines and recalls, as regulators in the U.S. and abroad look to see if the German luxury maker violated rules covering its various diesel models. Authorities have been taking a close look at claims made by a number of manufacturers in the wake of revelations that Volkswagen used a so-called “defeat device” to illegally pass U.S. diesel emissions tests.

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“In light of the ongoing governmental information requests, inquiries and investigations, and our own internal investigation, it cannot be ruled out that the authorities might reach the conclusion that Mercedes-Benz diesel vehicles have similar functionalities,” Daimler said in its newly released quarterly report.

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A Quarter of Miles Driven by 2030 Could Be in Driverless Battery-Cars

Self-driving tech coming to market sooner than expected.

by on Apr.10, 2017

A fully driverless version of this Waymo Chrysler Pacifica Hybrid could soon be a common sight.

Both Daimler and Ford plan to have their first fully driverless cars in production by 2025, far sooner than many might have expected just a few years ago. Meanwhile, after a slow start, a new generation of longer range, more affordable battery-cars are just starting to come to market.

By pairing those two technologies, automakers and ride-sharing companies could radically transform the way Americans travel, predicts a new study by the Boston Consulting Group. It predicts that fully a quarter of the miles Americans clock on the road will, by 2025, be driven inside fully driverless battery vehicles operated by ride-sharing services such as Uber and Lyft.

“When you take shared vehicles, electrified powertrains suddenly make sense, and it becomes even more practical at this level of autonomy,” said Justin Rose, one of the Chicago-based co-authors of the new BCG study.

Tech News!

The consulting firm isn’t the first to predict a bright future for autonomous vehicles operated by ride-sharing services. Travis Kalanick, the CEO of Uber, has long argued that driverless vehicles will lower the cost of his service to the point it will be cheaper than owning a car. Lyft co-CEO John Zimmerman last year forecast privately owned vehicles will all but vanish from major urban centers within a decade.

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Daimler, Bosch Team Up to Launch Robo-Cabs by 2021

Level 5 system will target ride-sharing services.

by on Apr.04, 2017

The Mercedes-Benz F 015 concept is one example of what a luxury robo-cab might look like.

Daimler AG, the parent of Mercedes-Benz, says it is teaming up with mega-supplier Bosch to develop a driverless car the partners plan to put on the road by 2021.

The announcement follow new that Daimler had struck a deal with Uber, the ride-sharing giant that hopes to significantly lower its operating costs by fielding fleets of driverless vehicles. It also comes a day after a new study was released by Navigant Research naming Daimler one of the leaders in the fast-emerging field of autonomous driving.

The Future is Now!

“The prime objective of the project is to achieve the production-ready development of a driving system which will allow cars to drive fully autonomously in the city,” said a statement announcing the new Daimler-Bosch partnership. “The idea behind it is that the vehicle will come to the driver, not the other way around.”

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