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Retail Asia24/01/2022

Luxury carmaker Mercedes-Benz will partner with self-driving sensor maker Luminar Technologies Inc to enable fully automated driving on highways for its next-generation vehicles, Luminar’s founder said. Luminar shares surged 18% at $15.89 on Thursday. Luminar said Mercedes-Benz will have 1.5 million shares in Luminar, which will vest over time when certain milestones are met. Vehicle […]

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Retail Asia06/01/2022

BMW AG is claiming that it outperformed Mercedes-Benz in terms of sales in 2021. The carmaker has beaten its German counterpart for the first time in the last six years as Mercedes-Benz had been the highest-selling luxury carmaker since 2015. Pieter Nota, Head Of Sales – BMW Group took to LinkedIn saying, “Proudly claiming number […]

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Retail Asia21/10/2021

The Land Rover Range Rover is no ordinary SUV and the arrival of the new-generation model is always special. It’s one of the oldest brands in the full-size luxury SUV segment and the next-generation model will rival the likes of the Mercedes-Maybach GLS and BMW X7 and other premium SUVs like the Aston Martin DBX, Porsche […]

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Retail Asia19/10/2021

Hang Xanh Motors Service JSC (Haxaco), a major Mercedes-Benz dealer in Vietnam, reported a record loss, more than VND33 billion ($1.4 million) in Q3, due to social distancing orders. Revenue in Q3 was VND700 billion, down 59 percent compared to the same period last year. Social distancing measures applied in Hanoi, Ho Chi Minh City […]

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Retail Asia11/10/2021

Mercedes-Benz Vietnam is recalling more than 1,700 C200 cars locally assembled from 2014 -2018 to remove a generator-related software bug. The recalled cars were produced between Dec. 2014 to Feb. 2018. Short-circuited diodes in their generator were making coils overheat, leading to fire risks, the carmaker said. The recall will run from Sept. 25, 2021 […]

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Retail Asia09/08/2021

Mercedes-Benz India will offer a one-year Advanced Diploma in Automotive Mechatronics and also extend apprenticeship and placement support to students of the Delhi Skill and Entrepreneurship University (DSEU), the varsity said in a statement. The Delhi government-run university has signed a Memorandum of Understanding with Mercedes-Benz India to offer the highly specialised course under the […]

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Retail Asia07/07/2021

Mercedes-Benz delivered 1,182,724 passenger cars to customers worldwide in the first half of 2021. The company recorded a growth of 25.1 percent compared to the same period last year. In China, Mercedes-Benz set two new records: The highest deliveries in the second quarter (219,059 units, +5.8%) and in the first half of a year (441,579 […]

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Retail Asia10/06/2021

Despite the challenges caused by the second wave of the COVID-19 pandemic, Mercedes-Benz India has been among the select few carmakers that have stayed on course with regard to product launches. The Stuttgart-based luxury carmaker has confirmed that it will launch 15 new models in India this year, however, that will not include any electric […]

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Retail Asia03/06/2021

Mercedes-Benz India today introduced its new retail sales model called ‘Retail of the Future’ (ROTF). With this new model, the company plans to promote a ‘direct to customer’ retail approach to creating a more customer-centric brand. To the effect, under this business model, Mercedes-Benz India will own the entire stock of cars, sell them via […]

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Retail Asia22/04/2021

Daimler will cut working hours for up to 18,500 employees and temporarily halt production at two plants in Germany due to a shortage of semiconductor chips that has hit global car production, it said on Wednesday. “Currently, there is a worldwide supply shortage of certain semiconductor components,” a spokeswoman said. “We continue to play things […]

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Retail Asia13/04/2021

Mercedes-Benz cars sold 590,999 passenger cars globally in the first quarter of 2021 driven by China and US retail sales as well as strong demand for plug-in hybrids and all-electric vehicles. This marks a jump of 22.3 percent in sales globally compared to the same period last year. In Europe, one in four cars sold […]

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Retail Asia30/03/2021

The EQS is the luxurious and avant-garde top-of-the-range model from Mercedes-EQ and while we’ve seen teasers from the company, we are looking forward to see what the car is actually like and come April 15, we’ll see the what it looks like. But the company has now revealed what the cabin of the EQS looks […]

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Retail Asia17/02/2021

The all-new Mercedes-Benz C-Class is all set to make its global debut on February 23 and the German carmaker has released a new teaser ahead of its arrival, showing us the silhouette of the new car. Interestingly, the teaser image also shows the silhouette of the C-Class Wagon which is not expected to come to our […]

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Retail Asia04/01/2021

Daimler AG and Infosys announced a long-term strategic partnership for a technology-driven IT infrastructure transformation. After the receipt of all regulatory approvals, Daimler AG will transform its IT operating model and infrastructure landscape across workplace services, service desk, data center, networks and SAP Basis together with Infosys. The partnership will enable the company to deepen […]

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Retail Asia24/11/2020

German luxury carmaker Daimler on Thursday said it plans to double sales of its Maybach-branded Mercedes-Benz vehicles, after selling 12,000 vehicles last year. Daimler unveiled its new flagship vehicle, which is based on a Mercedes-Benz S-Class limousine, and which retails starting at $173,000 but can quickly add up to more than $250,000 once options like […]

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Retail Asia05/11/2020

Mercedes’ fifth AMG launch in India in 2020 is rather special. For the first time any automaker has considered local assembly of its performance oriented car and it’s the Mercedes-AMG GLC 4MATIC Coupe that is the first made-in-India AMG model to go on sale in India. The Mercedes-AMG GLC 4MATIC Coupe went on sale at ₹ 76.70 lakh (ex-showroom, […]

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Retail Asia05/11/2020

Auto sales have been on the upswing for the last four months. While we still cannot expect any exponential growth this year, thanks to the coronavirus crisis that dampened sales for three months, automakers are expecting sales to be restored and at least inch to breakeven level for the overall year. Even luxury carmakers like Mercedes-Benz […]

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Retail Asia27/10/2020

Daimler shares surged 4.5 percent on Friday after the luxury carmaker posted forecast-beating third-quarter results, buoyed by a better-than-expected rebound in sales of luxury cars in September. European car registrations rose slightly in September, the first increase this year, industry data showed on Friday, suggesting a recovery in the auto sector in some European markets […]

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Retail Asia22/10/2020

Daimler’s Chief Executive said China will remain Mercedes-Benz’s biggest growth market in the next decade and the German carmaker will adjust production locations to capture shifts in demand as global trade tensions continue to rise. The remarks by Ola Kaellenius come against a backdrop of increasingly strained relations between the United States, China and Europe […]

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Retail Asia25/08/2020

Mercedes-AMG is opening its first Experience Centre in the world in China. Customers and fans can experience the motorsport DNA of the brand from Affalterbach in close-up – on and alongside the immediately adjacent racing circuit. The new AMG Experience Centre lies about two hours’ drive from Shanghai, occupying an area of around 1305 square […]

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