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Latest Mercedes-Benz News

Daimler 2016 Financial Forecast

Last year, Daimler AG reported a personal record net profit of approximately US$ 9.8 billion, which marks a stunning increase of about 23% when compared to the 2014 financial report. Arguably, the most important player in this tremendous economic growth has to be Mercedes-Benz CEO, Dieter Zetsche. Daimler’s board of directors are so utterly satisfied with his performance that they decided to extend his contract until at least the end of 2019. A little reminder, Zetsche has been steering the ship at Mercedes-Benz ever since 1998. After such a successful business year in 2015, can Daimler outperform themselves and by the end of 2016 proudly display even better reports? Zetsche… Continue Reading »

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Mercedes-Benz Partners With Amex For Its Affinity Card

Mercedes Financial has revived its affinity card, which it previously offered until 2009. At that time, the Mercedes-Benz Visa Signature Card was offered in partnership with Bank of America Corp. This time around, Mercedes Financial has partnered with American Express, which is Amex’s first partnership with an automobile brand in the U.S. The Mercedes-Benz credit card comes in two flavors. The top-of-the-line affinity card, Mercedes’ version of the Amex Platinum Card, has a $475 annual fee and like other upscale Amex cards has to be paid off in full monthly. But the benefits include include $500 to $1,000 off the purchase or lease of a new Mercedes-Benz vehicle, a waiver… Continue Reading »

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