Category Archives: Company

Latest Mercedes-Benz News

Mercedes-Benz Addresses Claims That It’s Prioritizing Cheaper Cars To Increase Sales

Mercedes-Benz just responded to reports suggesting its shift toward more affordable gasoline cars just to drive more sales. The luxury automaker stated that its long-term vision involves a transition to electric vehicles (EVs), dependent on market conditions. However, it also plans to balance this strategy by leveraging its high-end vehicle portfolio while introducing new products, including electric and hybrid models, to cater to both short-term growth opportunities and local market demands. Official Response “Our long-term strategy is to go all electric in the future where market conditions allow,” a Mercedes-Benz spokesperson told Motor1. “In the short/near term, we will leverage the strength of our top-end vehicle portfolio (TEV); and balance… Continue Reading »


Mercedes F1 Aims For Net Zero Carbon Emissions By 2040

Mercedes-AMG Petronas F1 Team just expressed its support to help build a more sustainable future by signing The Climate Pledge. This makes it the first motorsport team to join prestigious companies that have vowed to reach Net Zero carbon emissions on the way to 2040. What is The Climate Pledge? The Climate Pledge was co-founded by Global Optimism and Amazon in 2019. It now has 465 companies from 41 countries among its signatories. The pledge aligns with the goals agreed upon in the Paris Agreement. However, instead of the deadline set by the cooperation in 2050, it advances it by a decade to 2040. Signing the agreement reflects the three-pointer… Continue Reading »


Mercedes-Benz Accelerates With Strong Cash Flow

Mercedes-Benz Group AG is revving up its finances as it just disclosed an industrial cash flow of €11.3 billion ($12.3 billion), outperforming market expectations. The company’s strategic focus on its most lucrative models has propelled its cash flow well beyond last year’s figures, marking a significant achievement in the competitive automotive landscape. Pivot to Profitability The focus of Mercedes-Benz on high-margin models has proven to be a lucrative strategy, resulting in an industrial cash flow exceeding the €9.54 billion average estimated by analysts. This comes as a testament to the company’s unmatched experience in navigating through global economic challenges amid the impact of rising interest rates. Investors welcomed the positive… Continue Reading »


Mercedes-Benz Sold Nearly 2.5 Million Cars And Vans In 2023

Mercedes-Benz Group just unveiled its sales figures over 2023, showing nearly 2.5 million vehicles sold. Among them were around 2 million coming from its luxury lineup. Crunching Down the Mercedes-Benz Sales Figures According to the three-pointed star marque’s 2023 Q4 report, it delivered a total of 2,491,600 cars and vans within that period, which displayed a 1.5% increase compared to the previous year. However, the Mercedes-Benz Cars division was only able to sell 2,043,800 units. A significant increase in demand was witnessed in the Maybach branding of the company, signifying a 19% increase in sales. This was followed by the G-Class range at 11% and Mercedes-AMG high-performance variants at 4%…. Continue Reading »


Mercedes-Benz To Launch Its Skyscraper In Dubai

Mercedes-Benz and Binghatti just unveiled their plan to construct a skyscraper in Dubai, UAE, that will be adorned with the signature three-pointed star branding of the iconic German automaker. The Design So Far According to the plan, the joint project of the luxury vehicle manufacturer and Dubai developer will be 341 meters tall with 65 storeys. The building will feature a curved peak reminiscent of the smooth-flowing corners of Mercedes-Benz vehicles. It will also be illuminated by the signature three-pointed star logos found on the faux front grille of the car brand’s EQ vehicles. The skyscraper will be situated near the Burj Khalifa in the downtown district. This will mark… Continue Reading »


Who Owns Mercedes-Benz Corporation?

One of the most frequently asked questions out there is “Who owns Mercedes-Benz?” A straightforward answer to that is Mercedes-Benz Group AG. However, within the name are a multitude of entities with their respective stakes within the company. Who Owns Mercedes-Benz? Mercedes-Benz Group AG is a publicly traded corporation, so both institutional and retail shareholders actually own it. According to its latest disclosure, the company has 3.07 billion euros worth of capital stocks and around 1.07 billion shares. The BAIC Group based in China is the largest individual shareholder of Mercedes-Benz, possessing 9.98% of the company’s voting rights. The other notable owners of the corporation include Chinese businessman Li Shufu… Continue Reading »


CEO Michael Schiebe Reveals Why They Dropped The V8 For The AMG C63

Mercedes-AMG CEO Michael Schiebe reveals why they ditched the V8 in favor of the hybridized inline-four in the new C63. Here are his thoughts. No More V8 for the Mercedes-AMG C63 There are rumors that Mercedes-AMG may be looking to reinstall the “hot inside V” for the C63 due to the lukewarm reaction it received for its powertrain downsizing move. For context, the most potent trim of the latest C-Class is now sporting a 2.0-liter four-cylinder engine, ditching the larger 4.0-liter V8. AMG CEO Michael Schiebe, however, denied such speculations in his recent interview with Top Gear. According to him, they will stand by their decision to adopt a compact… Continue Reading »


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