Ola Källenius

Latest Mercedes-Benz News

Mercedes-Benz Shows Solid Q2 Sales, Ola Källenius Reappointed By Board

Mercedes-Benz Group AG once again displays why it is an important pillar in the automotive industry as it showcased its robust performance in the second quarter of the year. The company’s success was driven by a combination of solid sales of top-end cars and premium vans, as well as a notable increase in electric vehicle (EV) sales. Moreover, the three-pointed star marque demonstrated a steadfast commitment to sustainable growth under the visionary leadership of Ola Källenius, who has been reappointed as Chairman of the Board of Management until 2029. Resilient Q2 Performance Mercedes Group’s Q2 performance stood strong with impressive earnings before interest and taxes (EBIT), which surged by 8%… Continue Reading »


Mercedes-Benz Postpones Its Self-Imposed Electrification Deadline

Mercedes-Benz has reportedly postponed its interim goal of achieving 50% of electric cars and plug-in hybrid sales by 2025 due to low sales figures. CEO Ola Källenius stated in Wednesday’s annual meeting that the middle of the decade now means 2026, according to a report by the German publication Handelsblatt. The company’s “Electric Only” strategy was adopted in July 2021, and it issued its 50% interim target at that time. Mercedes-Benz’s “xEV” covers both battery electric vehicles (BEVs) and plug-in hybrids (PHEVs). The Reason Behind the EV Deadline Postponement of Mercedes-Benz Mercedes is apparently facing challenges with the sales figures for its electric and hybrid vehicles, which led to the… Continue Reading »


Mercedes CEO Thinks There’s Demand For A Baby G-Class

It’s been a decade since Mercedes-Benz previewed its Ener-G-Force concept, which was geared to be the blueprint of a future G-Class model. Some expected it to be a more compact, more environment-friendly, and electrified version of the iconic SUV. Fast-forward to the present, this may be an opportune time to create the production version of the unit. What we got though was the GLB. While the GLB does share the same proportions as the G-Class, it’s hard to see any other relation between the two. It turns out that all hope is not lost for the baby G-Class yet. Mercedes CEO Ola Källenius revealed that he is pushing for a… Continue Reading »


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