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BAIC: Chinese carmaker acquires 5% stake in Daimler
News
24th Jul 2019
1 min read

BAIC: Chinese carmaker acquires 5% stake in Daimler

One of China's largest automakers has acquired a five per cent stake in Mercedes-Benz's parent company, Daimler. BAIC Group has been working with Daimler since 2003, and their Chinese joint venture sold 485,000 cars in 2018. Beijing Benz, as the JV is known, is responsible for building the E-Class LWB and C-Class. Another joint venture between the pair, known as Fujian Benz, builds the Viano, Vito and Sprinter in China.
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Scott Collie
Smart to exit the US
News
29th Apr 2019
1 min read

Smart to exit the US

Daimler has confirmed Smart will leave the US and Canadian markets by the end of the 2019, but the automaker will continue to provide support for existing cars through its Mercedes-Benz dealership network. The German automaker told TechCrunch, "After much careful consideration, Smart will discontinue its battery-electric Smart EQ ForTwo model in the US and Canadian markets at the conclusion of MY2019".
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Derek Fung
Mercedes-Benz opens factory in Russia
News
4th Apr 2019
1 min read

Mercedes-Benz opens factory in Russia

Daimler has opened a new plant near Moscow as part of a €250 million ($394.73m) investment, which will see Mercedes-Benz models produced in Russia, for Russia. The facility will create more than 1000 jobs, and initially produce the Mercedes-Benz E-Class. Daimler says "SUV models will follow". According to the company, there's "high demand for Mercedes-Benz E-Class sedans and SUVs" in Russia, hence the move to produce its most popular vehicles in the region locally from here on.
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James Wong
Daimler, Bosch teaming up for San Jose autonomy trials
News
12th Nov 2018
1 min read

Daimler, Bosch teaming up for San Jose autonomy trials

Bosch and Daimler are joining forces for level four and five automated vehicle trials in San Jose, California, set to start in the second half of 2019. The companies have signed a memorandum of understanding with the city, flagging an on-demand ride-hailing service set to be offered to a "selected user community" in the San Carlos/Stevens Creek corridor.
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Scott Collie
Mercedes-Benz Vision EQ Silver Arrow revealed
News
27th Aug 2018
2 min read

Mercedes-Benz Vision EQ Silver Arrow revealed

Mercedes-Benz has unveiled a forward-looking take on the legendary streamliners of its past in California, pulling back the sheet on the stunning Vision EQ Silver Arrow. Obviously this isn't a production teaser. It's a nostalgic look at our electric future, with 550kW on tap from two electric motors mated with an 80kWh battery. Claimed range is 400km on the WLTP test cycle, although that's an estimate. Once again, this isn't a production car.
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Scott Collie