The transition to electric vehicles will be a marathon, not a sprint, says the CEO of Mercedes-Benz.

According to the chief executive officer of Mercedes-Benz in Germany, making the transition to zero-emission mobility should be considered as a marathon, not a sprint.

In an interview with "Squawk Box Europe," Ola Kallenius attempted to draw attention to the significant obstac...

Blacklane has received a series F investment from Mercedes-Benz in an effort to expand the availability of luxury chauffeured transportation using electric vehicles.

Berlin-based Blacklane, which offers a variety of chauffeur services, has received series F funding from a consortium led by Mercedes-Benz Mobility, an existing investor, and Gargash Group, a holding firm located in the United Arab Emirates. Blacklane has only confirmed an investment in the "...

Thailand is becoming a regional leader in electric vehicles (EVs), which range from luxury sedans to tuk-tuks

According to an article published by Thailand's Board of Investment, a fully electric Mercedes-EQS will roll off a production line in Bangkok by the end of 2022, marking another milestone in the country's remarkable journey from traditional automaking hub to regional frontrunner in electr...

MERCEDES-BENZ INCREASES ITS VEHICLE PRICES IN AUSTRALIA

Highlights:

• The company Mercedes-Benz Australia has increased the vehicle prices for the fourth time in 15 months
• The prices of the certain car variants has been increased by 3.72 percent by the company

The company Mercedes-Benz Aust...

VARIOUS CAR LAUNCHES POSTPONED IN INDIA DUE TO INCREASING COVID-19 CASES

HIGHLIGHTS

• India is an important market for automobiles.
• Due to surge in COVID-19 cases, the India launch of various cars has got postponed.

The second wave of COVID-19 pandemic in India has left many carmakers with no choice but pos...

UK: OWNERS OF MERCEDES-BENZ CAR SEEK FOR DAMAGES OVER ALLEGED EMISSIONS CHEATING DEVICES

Highlights:

• Mercedes-Benz car owners in UK seeks for damages over the alleged emissions cheating devices
• A law firm in UK has filed particulars of the claim from the owners of the cars at the high court in London

A law firm in United...

GERMANY: MERCEDES-BENZ IS NO LONGER INTERESTED IN THE RACE OF AUTONOMOUS VEHICLES

Highlights:

• The German company Mercedes-Benz have revealed that, the company is no longer interested in the race of producing the autonomous vehicles
• The company has dropped the idea because a lot of the other manufacturers are doing the same things

HANKOOK TIRE & TECHNOLOGY PRODUCES TIRES FOR ILLUSTRIOUS AUDI RS MODELS

• Hankook Tire & Technology Co., the world's seventh-largest tiremaker by sales, said Wednesday it has been producing tires for Audi RS models this year.
• Hankook Tire has provided  the high-performance Ventus S1 evo 3 and Winter i*cept evo2 tires for Audi's RS 7 ...

HYUNDAI GENESIS SPORTS SWANKY SUV GV70 DESIGN TO FUEL MARKET DESIRE

• Hyundai Motor‘s cherished iconic brand Genesis revealed the design for its new luxury midsize SUV GV70 on Thursday, which is slated to hit the market later this year.
• With the model’s name inspired by the initials of the brand, Genesis and its “versatility,&rd...

GERMANY: MERCEDES TO TAKE 20 PERCENT STAKE IN LUXURY BRAND ASTON MARTIN

Highlights:

• The German Company Mercedes-Benz is going to increase its stake to 20 percent in the luxury car brand Aston Martin
• The Automaker Aston Martin, which has discharged the cash after a devastating stock market flotation said that Mercedes Benz...

BMW KOREA’S DRIVE TO TOPPLE MERCEDES-BENZ FROM COVETED POSITION WITH BMW 5 AND 6 SERIES

• BMW Korea once was leader in foreign car market segment here, dating as far back as the importers association started to record sales in 2003 -- at least most of the time, until Mercedes-Benz shot past in 2016.
• Now, BMW is stepping up its ante against the arch rival, with the r...

MERCEDES-BENZ KOREA OUT WITH THROWBACK E-CLASS LANDMARK DESIGN TO RATTLE THE BEST

• The rivalry is back between import vehicle arch contenders, more so accentuated by Mercedes-Benz Korea’s release of the newest E-Class this week.
• A coercive force to push away the energetic runner up BMW and to maintain its position as Korea’s favorite imported car ...

SWEDISH LUXURY SEDAN VOLVO S90’S LEADING EDGE ON GERMAN TRIUMVIRATE

• The luxury sedan S90 is back with a bang in Korea. With this, the Swedish automaker Volvo has given German automotive brands a run for their money in the nation’s executive car market.
• In the executive car market, or E-segment, Koreans have a penchant for  German bra...

EUROPE: MERCEDES-BENZ TO LAUNCH SIX NEW ELECTRIC EQ MODELS IN THE YEAR 2021

Highlights:

• Mercedes-Benz have confirmed to launch six new EQ models in the year 2021
• Based on the modular platform, all the vehicles or car model are expected to share the underpinnings with the EQC

The Mercedes-Benz may be getting ...

AUTOMAKER TESLA & OTHERS FILE LAWSUIT AGAINST TRUMP ADMINISTRATION OVER TARIFFS ON CHINESE PARTS

Highlights

• These suits were filed in the New York-based Court of International Trade over the concern tariffs imposed on imports from China by the Office of the US Trade Representative (USTR)

• According to the phase one trade deal signed between the United States ...

STELLAR CAR MAKERS FUMING OVER US GOVERNMENT IMPORT TAXES ON CHINESE PARTS

• Stellar automobile makers are suing the US government over import taxes it has subjugated Chinese parts to.
• Tesla is the latest automotive firm to object to customs duties introduced by the Trump regime and is demanding refunds.

The US and China have subjected...

THOMAS KLEIN TO ASSUME CONTROL AS PRESIDENT AND CEO OF MERCEDES-BENZ KOREA

• Mercedes-Benz Korea said Friday it instated Thomas Klein, the current president and CEO of Mercedes-Benz Middle East, as the new president and CEO of Mercedes-Benz Korea, effective Jan. 1, 2021.
• Klein began his prolific career with Daimler AG at the University of Cooperative Ed...

CHENGDU MOTOR SHOW ATTRACTIVE DESTINATION TO WESTERN CHINA AUTOMOTIVE SUPREMACY

• The Chengdu Motor show was launched on July 24th amidst grand fanfare in Chengdu, the capital of Sichuan Province.
• As the first major offline spectacle in the country for auto makers, car dealers, reporters and a captivated audience to the auto show, the show was a unique desti...

6,60,000 VEHICLES TO BE RECALLED BY MERCEDES-BENZ FOR OIL LEAK IN CHINA

Highlights:

• Most of the vehicles that will be recalled were made in China by the Beijing Benz Automotive Co. 
• Around 12,500 vehicles were built in Fujian Benz Automotive Co. and around 36,000 vehicles were imported.
• The dealers have ma...

GET READY FOR 10 NEW MERCEDES-BENZ MODELS IN 2020

Automobile sector was the first to shut down after COVID-19 pandemic started wreaking havoc. Majority of production plants owned by Auto industry giants like Mercedes, Toyota and Tata decided to halt production in order to safeguard its employees from this deadly virus. The world is still battlin...