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Latest Mercedes-Benz News

Mercedes Aims To Save Several Billions In New Austerity Measure

Mercedes looks to save several billion euros per year. The automaker is shifting its strategy amid the significant decline in its third-quarter earnings. The Mercedes-Benz Group has reportedly announced that it would implement more stringent cost-cutting measures. EuroNews, citing several articles from German publications like Handelsblatt and Stuttgarter Nachrichten, said that the three-pointed star marque aims to save as much as “several billion euros” per year. The company, however, didn’t officially specify its plans on how to implement its new target. It also didn’t discuss the potential job losses arising from its new strategy. However, the source noted that the company’s German employees will unlikely be impacted immediately by Mercedes’… Continue Reading »

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Mercedes-Benz Is Building A New Software Development Center For The AMG Division

Mercedes-Benz aims for rapid product and human resources development. In July, Mercedes-AMG CEO Michael Schiebe announced plans for the company’s high-performance car division to create a standalone software development center at its Affalterbach headquarters. Schiebe highlighted the importance of recruiting quality human resources for the company’s new project. “I’m under no illusions. We need to convince software experts to choose Affalterbach over places like Berlin. We will do that by offering the best conditions we possibly can,” says Schiebe. “I want the best in the business. We’re at an early stage, but AMG will offer an attractive package with hybrid work conditions, flexible working hours, gym membership and other enticements.”… Continue Reading »

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Daimler AG to Change Its Name to Mercedes-Benz

Daimler AG revealed that it is looking to adopt Mercedes-Benz as its new company name. The announcement came through its CEO Ola Källenius. The move also aims to make a separate listing for Daimler Trucks. “Mercedes-Benz Cars & Vans and Daimler Trucks & Buses are different businesses with specific customer groups, technology paths, and capital needs,” said the CEO. “Both companies operate in industries that are facing major technological and structural changes,” he added. From a business standpoint, this is a good move as it would help the company adopt a more popular and recognizable name in its profile, and it would let Daimler and Mercedes distance themselves from each… Continue Reading »

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Mercedes-Benz Earns $1.2M Hourly

The history of the Mercedes-Benz name goes all the way back to 1926. It also traces its roots to Karl Benz who is credited as the inventor of the modern automobile. Over the years, the brand has become synonymous with luxury, making it one of the biggest companies worldwide. Being the producer of premium cars, the income of Mercedes is definitely mind-blowing. According to Stavely Head, a car insurance provider in the U.K., the automaker makes a profit of $339 per second. That translates to an average of $20,310 per minute, $1,218,656 per hour and $29,247,743 per day! Stavely Head based the figures on the 2017 annual report of Mercedes. To… Continue Reading »

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Mercedes-Benz Sets Second-Quarter Record, Sells 192,000 Cars

Mercedes-Benz posted a record-breaking number of luxury vehicles sold in the second quarter of this year. According to a press release, the German automaker delivered 192,558 units of cars to customers around the world. So far, it is the largest number in Mercedes’ history. The company posted a strong selling quarter in the beginning of the year and followed this up with a 6.6% car sales in April. Unit sales in the first four months of the year increased to a new high of 786,862 vehicles, marking the first time the company posted a continuous growth for 62 months in a row. Mercedes-Benz is the premium brand with most registrations… Continue Reading »

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Daimler Plans To Break Up Mercedes Divisions Ahead Of Restructuring Plans

There will be more movements in Mercedes-Benz divisions than in the past years combined. German car and trucks maker Daimler, which operates Mercedes, is planning a corporate holding structure that would break up Mercedes divisions into three separate parts. The company’s annual general meeting will happen on April 5, 2019 and it is very likely that by that time, there will be massive changes in the operation of Mercedes cars, vans, trucks, and finances already. According to a report by Manager Magazin, Chief Executive Dieter Zetsche and Chief Financial Officer Bodo Uebber drew up preliminary plans to divide the company into three separate entities—Mercedes-Benz cars and vans, Mercedes-Benz trucks and… Continue Reading »

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3 Great Mercedes-Benz Cars for a Big Company

Years that students spend at the university are among the brightest in humans’ life. That’s when there is a desire to go out and have fun all night long. Every student loves being a part of a noisy company and gather with his friends every day because exactly during these few years a person is still young, ready for experiments, and can live his life to the fullest. The only thing that may seem excessive is a learning process as all scholars would prefer having fun instead of doing homework, but there is no way to change it, and besides, you can always ask essay vikings to help you while… Continue Reading »

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