Benz Group AG and BMW AG are making a fresh attempt to sell their jointly owned taxi-hailing app FreeNow, according to people familiar with the matter.The carmakers, who both own just under 50%, are working with Lazard Inc.
The automaker confirmed plans for a smaller version of their ubiquitous truck, which might be the best idea it has had this decade.
Benz, the top three German automakers, make decisions appealingly difficult for consumers. The manufacturers offer performance-oriented, well-heeled and well-constructed vehicles in about any shape and size there is.
BMW's plant in South Carolina is its biggest worldwide by output and a major exporter to markets including China, Germany and Britain.
Electric vehicle plans at BMW and Mercedes-Benz have changed more than once over the past two years due to waning consumer demand globally, but the two fierce German rivals still have a lot coming in the pipeline.
Justin Diaz had just left his family’s home when the Mercedes-Benz driver barreled through an East Elmhurst intersection 4:15 a.m. Wednesday.
Mercedes-Benz on Thursday announced further cost-cutting and more petrol and diesel cars than EVs in its new product range, in a bid to revive margins as the company braces for a sharp drop in earnings in 2025.
Mercedes-Benz's product launch program starts in 2025 with the CLA; which it will offer in ICE and electrified forms. This is followed by a major upgrade of the S-Class in 2026. an all-electric GLC and C-Class, as well as a string of BEV and electrified high-tech ICE launches at Mercedes-AMG.
South Africans are leaving premium car brands in the rearview mirror amid value for money concerns due to tough economic times.