Mercedes Benz News
The acquisition of FreeNow will open doors to major European cities as Lyft comes under pressure from rival Uber in its home North American market.
Chamberlain will replace Dimitris Psillakis, who is stepping down after five years in the role.
Axing the two Renault-based models will allow Mercedes to focus its commercial vehicles lineup on the more profitable midsize and large segments.
VW, BMW and Mercedes will unveil EVs and concept cars in an effort to recapture relevance in the world’s largest and most volatile auto market.
The plug-in hybrid will arrive in Mercedes-Benz stores in the third quarter.
U.S. auto exports to China have dropped three consecutive years, and fell 13 percent to 109,356 in 2024, according to the China Automobile Dealers Association.
The #5 will have an 800-volt electric architecture for fast charging on high-spec models. A base model with lithium iron phosphate batteries starts at less than €46,000.
Mercedes is under growing pressure in China from domestic brands such as BYD who are rolling out advanced models at attractive prices and winning over younger, tech-savvy consumers.
Imports accounted for 54.9 percent of the 324,528 cars and light trucks Mercedes sold in the U.S. last year.
Mercedes builds larger SUVs at its Alabama factory, but its No. 2-seller in the U.S. is the GLC midsize SUV, which is imported.
