Mercedes-Benz does not expect its sales in Europe to be all-electric by 2030 but will have its line-up ready, Chief Executive Ola Kaellenius said in an interview at the Munich car show.
At the IAA Mobility motor show in Munich, Germany, BMW and Mercedes revealed electric concept cars and new platforms for their future battery-powered vehicles.
Speaking at the IAA motor show, Mercedes CEO Ola Källenius talks to CNBC's Annette Weisbach about plans for a "little" G-Class, as well as the path to zero emissions and the future of the brand.
The variable costs for producing electric vehicles will remain higher compared to combustion engine models for the foreseeable future, the chief executive of Mercedes-Benz said on Sunday, adding this
Mercedes plans to launch a smaller version of its high-end G Class sports utility vehicle but did not give a specific date for its release.

Where to Find a Deal on Mercedes and BMW

11:00pm, Thursday, 31'st Aug 2023
The stocks of the car companies have rarely been cheaper, as investors foresee a deep crisis that may never come.
Mercedes-Benz has shared plans to open its first electric vehicle DC fast-charging hubs in Atlanta, Georgia; Chengdu, China; and Mannheim, Germany, starting in the fourth quarter of 2023.
Mercedes-Benz CEO said the company's EVs — which include the EQA and EQE SUV — had received a "good reception" so far.
Mercedes-Benz CEO Ola Källenius made his comments during an interview with CNBC's Annette Weisbach.
Mercedes-Benz forecast on Wednesday a subdued world economy with monetary policy weighing on consumers even as supply chain issues and energy price pressures eased, as it raised its group earnings out

Mercedes-Benz raises annual earnings forecast

02:36pm, Wednesday, 26'th Jul 2023
Mercedes-Benz Group AG on Wednesday said it has raised its full-year forecast for earnings before interest and taxes.

Test Drive: The Mercedes-Benz EQS 580 4Matic SUV

11:29am, Wednesday, 26'th Jul 2023
Bloomberg TV and Radio's Matt Miller details his experience behind of the wheel of the new Mercedes-Benz EQS 580 4Matic SUV. This interview aired on "Bloomberg Businessweek" on July 21, 2023.
The companies will jointly spend at least $1 billion to build a North American network in an effort to persuade more people to buy battery-powered cars and trucks.

Strong Mid-Cap Insider Buys: Q2 2023

02:45pm, Monday, 24'th Jul 2023
We continue with our recurring series based on analyzing mid-cap stocks that have enjoyed periods unusual insider interest during the second quarter of the year. An overwhelming trend of bank insiders
Mercedes-Benz is making China, the world's top auto market, central to its next electric vehicle (EV) campaign starting in 2025, its CEO told German magazine Automobilwoche.
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