TOPIC

/ company

Mercedes-Benz

Mercedes-Benz is part of German manufacturer Daimler AG, and the brand is used for luxury automobiles, buses, coaches, and trucks. The name first appeared in 1926 under Daimler-Benz but traces its origins to Daimler's 1901 Mercedes and to Karl Benz's 1886 Benz Patent Motorwagen, widely regarded as the first automobile.

Chairman / President

Ola Källenius

CEO / Managing Director

Ola Källenius

CFO / Finance Director

Harald Wilhelm

Industry

Automotive

Website

mercedes-benz.com

Headquarters address

Mercedesstraße 120, 70372 Stuttgart, Germany

Stock Code

FWB:MBG

Year founded

1926

US Senator Elissa Slotkin backs a permanent ban on Chinese cars in the United States. Photo: Getty Images via AFP

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Mercedes-Benz

US senators delay effort to permanently ban Chinese cars

Proposed ban is a move to ensure that hundreds of thousands of US automotive jobs are not at risk of ‘total domination’ by Chinese car firms.

Geely’s Li Shufu hands over reins to younger generation for ‘healthy’ growth

Job losses mount at German carmakers as China challenge grows

In China, self-driving cars can park, change lanes and drive like humans

Autonomous cars in China can navigate chaotic city traffic with human-like precision, even parking themselves when the occupants have gone.

Switching lanes: who are the eager Chinese buyers of domestic premium EV models?

Younger, professionally diverse Chinese are turning to local brands for technology and qualities once tied to foreign marques.

Chinese carmakers could capture 15% to 30% of European market by 2035: analysts

‘Made in Europe’ requirement in EU’s proposed Industrial Accelerator Act cited as key factor in lowest growth forecast.

.css-1pcrwvc{color:#2aa191;}Editorial | China’s moves to fuel growth driven by consumption are strategic

Government subsidies for consumer goods can only go so far. Beijing’s first five-year plan to lift household consumption is part of an essential pivot.

Sino-German auto talks focus on smart EV standards amid trade tensions

The push for cooperation comes as Chinese carmakers seek to validate their driverless technology in European markets.

Malaysia to make Formula 1 comeback in October as host of Bahrain Grand Prix

Addition of Sepang race, which will be called ‘Gulf Air Bahrain Grand Prix in Malaysia’, returns championship calendar ⁠to 23 stops.

Malaysia back in Formula 1 frame as Bahrain hopes recede amid conflict in region

Malaysia’s Sepang circuit, which hosted F1 from 1999 to 2017, could replace a Middle Eastern race, possibly between Baku and Singapore stops.

US senators clash over scope of Chinese connected-vehicle ban

Senator Ted Cruz, chairman of US Senate Committee on Commerce, warns substantial revisions will be needed before bill can become law.

Foreign carmakers lose more traction in China as luxury sales slide

Mercedes, Land Rover, BMW, Jaguar and Infiniti take further hit as consumers shun pricey, petrol-powered vehicles.

Europe’s carmakers plan a comeback – powered by EU policies and Chinese tech

New regulations will help EU produce electric vehicles at a price point to match China, but European job losses would be among trade-offs.

BYD’s EV tech in the spotlight as it challenges Porsche’s 911

With the Denza Z electric sports car, featuring DiSus tech and blade batteries, BYD aims to compete globally and challenge its German rival.

Hong Kong developer switches to high gear with Mercedes giveaways for homebuyers

K&K Property woos wealthy buyers with luxury car sweeteners as the city’s high-end housing market rebounds.

Chinese self-driving firm Momenta eyes US$750m in Hong Kong IPO

Second ‘red-chip’ approved by Beijing for a Hong Kong listing this year aims to invest proceeds in research and development, robotaxi push.

Chinese car sales accelerate in Europe as Brussels weighs putting on the brakes

Citi analysts say five largest Chinese-owned groups – SAIC, BYD, Geely, Chery and Leapmotor – have 10.6 per cent share of European market.

China’s EV brands have Europe’s luxury marques in their sights: Zeekr executive

Zeekr vice-president Mars Chen says Chinese carmakers have edge in meeting demand for electric luxury cars.

Geely Auto to curb excess capacity amid overhaul to boost carmaker’s global edge

Company chairman eyes plant mergers and a formal succession road map as the firm rejects price wars to focus on international growth in rivalry with BYD.

China’s BYD challenges iconic auto giants as hybrid demand surges in Germany

A three-fold jump in BYD’s German registrations highlights shift towards lower-tariff models, as company chairman says ‘the worst is over’.

Premium plan: China’s EV makers pin hopes on higher-margin models

New models from carmakers including Nio and Seres also challenge Tesla’s bestselling Model Y and cars from luxury German marques.

Does Xpeng’s 33% cut on 6-seat SUV portend a new price war?

The slashed price on the GX model ‘surprised the market’ in a segment carmakers have high hopes for amid slumping EV sales.

Antonelli seeks to extend sensational start with win at F1 Canadian Grand Prix

Italian, 19, expects strong responses from teammate George Russell, who won the race last year, and from Ferrari, McLaren and Red Bull.

Peugeot, Jeep take on Chinese rivals with new models using local EV tech

Peugeot and Jeep are following in the footsteps of Hyundai Motor’s Ioniq to regain lost ground in mainland China.

Tech and pricing edge behind China’s SUV surge against BMW, Mercedes and Audi

Chinese SUVs storm the premium segment with fresh momentum, giving German marques their toughest test in years.

China pours US$6.1b into Brazil, making it Beijing’s top global investment

Chinese miners, carmakers and tech firms are fanned out across 20 states, putting a dent in Washington’s own push throughout the region.

Mercedes F1 boss hopes Italian public are fair to ‘superstars’ Antonelli, Sinner

Toto Wolff wary of Italy’s World Cup failure adding to hype around driver, who has become first Italian to win three straight races since 1952.

Shifting gears: how foreign giants aim to catch up in China’s EV era

International carmakers launch tailored models and accelerate R&D as they scramble to match the speed and sophistication of domestic rivals.

Editorial | China’s moves to fuel growth driven by consumption are strategic