Mercedes Benz News
Car-leasing businesses are facing challenges as they add more EVs which makes it harder to predict residual values.
Demand for car and light-truck imports remains under pressure as Chinese brands become more competitive on price, features and quality, and global automakers assemble more products locally, the China Automobile Dealers Association said.
Automakers are providing drivers detailed data on chargers such as availability, pricing, user ratings, photos — even appointments — to remove a key pain point.
Mercedes executives said they were satisfied with the automaker's performance in China in the fourth quarter but they remain cautious on the longer-term outlook for the market.
BMW is showing signs of progress in the cutthroat global EV market, delivering 368,523 EVs globally in 2024 — a 12 percent boost over 2023.
BMW is best positioned to take advantage of trends, especially in Europe, that could jump start EV sales this year, analysts say.
Mercedes is returning to region-based dealer support after switching in 2022 to a throughput-based setup that consolidated field operations at its headquarters near Atlanta.
Joseph Agresta Jr., chairman of the Mercedes-Benz Dealer Board, believes the brand can build upon its 9 percent passenger car sales increase last year with a broadened portfolio that appeals to more customers.
The UAW vote comes after the union won victories last year at Daimler Truck's other U.S. operations.
German automakers are losing out in China against electric-only domestic rivals who are benefitting from a price war, more competitive EV lineups and subsidies.