Latest Mercedes-Benz News

Daimler, Parent Company of Mercedes, Warns About Profit Drops in 2019

Daimler AG, the parent company of Mercedes-Benz, posted a warning about a likely slump in its profits for 2019. The company blamed the numerous recalls, legal issues and low consumer demand for new cars as the reason for the drop. According to CNN, Daimler projects €1.6 billion ($1.8 billion) profit for the second quarter. The figures are a significant dive from the same period last year, which saw the company’s earnings at €2.6 billion ($2.9 billion). With that, the automaker is estimated to rake up less than the €11.1 billion ($12.5 billion) profit it recorded in 2018. Among the mentioned factors for the low returns were the Takata airbag recall,… Continue Reading »


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 »


Daimler Reports Strong Profit in Second Quarter of 2014

A sharp rise in sales was reported by Daimler for its second quarter this year. The improved sales were mainly thanks to the multinational corporation’s Mercedes-Benz division according to Wall Street Journal. The figures gave the corporation a renewed vigor in its race against its rival brands BMW and Audi. The source said that the record sales of Mercedes-Benz were fueled up by the soaring demand for its flagship vehicle, the Mercedes-Benz S-Class sedan. The strong performance of the Mercedes division was complemented by Daimler’s higher profits in its truck and financial services businesses. All these plus the cost-cutting measures of the corporation are expected to save it an estimated… Continue Reading »


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