Mercedes-Benz

Mercedes Benz Working with German Government on Regulatory Framework to Bring Autonomous Driving to Public Roads

Wednesday, September 16, 2020 - 11:45am

Mercedes Benz has announced that the company intends to include level three autonomous driving technology in the new 2021 S class pending government approval.

Key Points: 
  • Mercedes Benz has announced that the company intends to include level three autonomous driving technology in the new 2021 S class pending government approval.
  • Mercedes says the technology will allow drivers to be able to hand over control to the car at speeds of up to 60kmh.
  • The company is currently working with the German government to create a regulatory framework for autonomous driving on public roads and hopes to have the technology approved by the second half of next year.
  • Tesla has moved another step closer to its goal of achieving 100% autonomous driving by the end of 2020.

Lieff Cabraser Announces That Final Approval Has Been Granted to Settlement of Nationwide Mercedes-Benz Vehicle A/C Mold and Mildew Case

Monday, September 14, 2020 - 6:27pm

This was a hard-fought litigation, and this settlement is a terrific result for Mercedes drivers, stated Annika K. Martin, Lieff Cabraser partner and one of the lawyers representing the plaintiffs in the case.

Key Points: 
  • This was a hard-fought litigation, and this settlement is a terrific result for Mercedes drivers, stated Annika K. Martin, Lieff Cabraser partner and one of the lawyers representing the plaintiffs in the case.
  • The case involved what plaintiffs alleged was faulty design and manufacture of the affected Mercedes-Benz vehicles.
  • This moldy air has a foul, mildew smell that is highly unpleasant and can aggravate respiratory system sensitivities.
  • The vehicles come from numerous model years of Mercedes C-Class, CLS-Class, E-Class, GL-Class, GLS-Class, GLK-Class, GLC-Class, M-Class, GLE-Class, and GLA-Class, vehicles.

Self Driving Cars On Road By Next Year - ResearchAndMarkets.com

Friday, September 11, 2020 - 12:13pm

Mercedes Benz has announced that the company intends to include level three autonomous driving technology in the new 2021 S class pending government approval.

Key Points: 
  • Mercedes Benz has announced that the company intends to include level three autonomous driving technology in the new 2021 S class pending government approval.
  • Tesla has moved another step closer to its goal of achieving 100% autonomous driving by the end of 2020.
  • While General Motors intends to roll out its hands free driving Super Cruise feature to 22 vehicles by 2023.
  • To see the full article and a list of related reports on the market, visit "Self Driving Cars On Road By Next Year"
    ResearchAndMarkets.com is the world's leading source for international market research reports and market data.

Mercedes-Benz USA and Microsoft Redefine Automotive Maintenance

Wednesday, September 9, 2020 - 6:00pm

Mercedes-Benz USA (MBUSA) today announced a transformational collaboration with Microsoft that redefines automotive maintenance and the way service technicians work, leading to an enhanced customer experience and greater efficiencies in communication and employee safety.

Key Points: 
  • Mercedes-Benz USA (MBUSA) today announced a transformational collaboration with Microsoft that redefines automotive maintenance and the way service technicians work, leading to an enhanced customer experience and greater efficiencies in communication and employee safety.
  • View the full release here: https://www.businesswire.com/news/home/20200909005823/en/
    Mercedes-Benz Virtual Remote Support with Microsoft HoloLens 2 and Dynamics 365 Remote Assist.
  • The remote MB specialists can provide valuable insight and technological guidance to help complete complex maintenance issues in record time, without ever leaving their office.
  • Microsoft is honored to be part of Mercedes-Benz USAs disruption of the automotive industry and change the way they provide services for their customers.

Mercedes-Benz Joins The Climate Pledge and Delivers More Than 1,800 Electric Vehicles to Amazon’s Delivery Fleet in Europe

Friday, August 28, 2020 - 8:01am

Today, Amazon (NASDAQ: AMZN) announced it is adding more than 1,800 electric vehicles from Mercedes-Benz Vans to its delivery fleet in Europe this year.

Key Points: 
  • Today, Amazon (NASDAQ: AMZN) announced it is adding more than 1,800 electric vehicles from Mercedes-Benz Vans to its delivery fleet in Europe this year.
  • View the full release here: https://www.businesswire.com/news/home/20200828005049/en/
    We welcome the bold leadership demonstrated by Mercedes-Benz by signing up to The Climate Pledge and committing to ambitious action to address climate change.
  • At Mercedes-Benz, we have set ourselves the ambitious target to make the transformation of mobility a success story.
  • Signatories to The Climate Pledge also have the opportunity to share access to technologies, best practices and innovations in supply chain enhancements.

Mercedes-Benz USA and 2017 US Open Winner and Ambassador Sloane Stephens Partner for “Ace the US Open” Initiative

Thursday, August 27, 2020 - 8:02pm

Today, Mercedes-Benz USA announced their Ace the US Open program alongside 2017 US Open winner and Mercedes-Benz Ambassador Sloane Stephens to give back as the nation continues to face the global COVID-19 pandemic.

Key Points: 
  • Today, Mercedes-Benz USA announced their Ace the US Open program alongside 2017 US Open winner and Mercedes-Benz Ambassador Sloane Stephens to give back as the nation continues to face the global COVID-19 pandemic.
  • For every Ace that is served during the US Open, Mercedes-Benz USA will make a fifty-dollar donation to the USTA Foundations Rally to Rebuild initiative.
  • The Sloane Stephens Foundation was established in 2013 by U.S. Open Champion Sloane Stephens to inspire children to dream big and achieve, on and off the tennis court.
  • To learn more about the Sloane Stephens Foundation, visit www.sloanestephensfoundation.org and follow @SloaneStephensFoundation on Instagram, Twitter, LinkedIn, and Facebook.

The Presidio Group Advises on the Sale of Park Place Dealerships Luxury Brands

Tuesday, August 25, 2020 - 3:03pm

The Presidio Group LLC (Presidio), a leading investment bank specializing in retail automotive and related M&A transactions, exclusively advised Park Place Dealerships on the sale of certain assets to Asbury Automotive Group (NYSE:ABG).

Key Points: 
  • The Presidio Group LLC (Presidio), a leading investment bank specializing in retail automotive and related M&A transactions, exclusively advised Park Place Dealerships on the sale of certain assets to Asbury Automotive Group (NYSE:ABG).
  • This was a large and complex transaction and we appreciated Presidio navigating our team through the process, said Ken Schnitzer, Chairman of Park Place Dealerships.
  • Park Place Dealerships was founded in 1987 by Ken Schnitzer when he acquired a single Mercedes-Benz dealership in Dallas.
  • The Presidio Group provided exclusive M&A advisory services to Park Place through its wholly owned investment bank, Presidio Merchant Partners LLC.

DGAP-News: Mercedes-Benz Australia/Pacific Pty. Ltd.: Interim Financial Report for the half year ended 30 June 2020 of Mercedes-Benz Australia/Pacific is now available online

Friday, August 21, 2020 - 1:04pm

This is regulated information according to the publication requirements of the Transparency Law and related regulations of Luxembourg.

Key Points: 
  • This is regulated information according to the publication requirements of the Transparency Law and related regulations of Luxembourg.
  • This information has been issued by Mercedes-Benz Australia/Pacific and Daimler AG.
  • The company is fully owned by Daimler Australia/Pacific Pty.
  • Ltd., a fully owned subsidiary of Daimler AG.

Baker Motor Company Opens First Of Its Kind Dealership In Summerville

Wednesday, August 12, 2020 - 7:28pm

CHARLESTON, S.C., Aug. 12, 2020 /PRNewswire/ -- When Baker Motor Company opens the new Mercedes-Benz dealership in Summerville, it will be one of a kind the first dealership dedicated to the Sprinter Van in North America.

Key Points: 
  • CHARLESTON, S.C., Aug. 12, 2020 /PRNewswire/ -- When Baker Motor Company opens the new Mercedes-Benz dealership in Summerville, it will be one of a kind the first dealership dedicated to the Sprinter Van in North America.
  • The site will also include a car wash for all Baker Motor Co. clients, an eight-car showroom, consultation desks, conference rooms, and lounges.
  • When a vehicle needs servicing, cars from Baker Motors' other luxury lines will be available on loan.
  • The dealership will be accessible via Sigma Drive off US Highway 17-A or from the recently completed Nexton Parkway, both off I-26.

Mercedes-Benz and CATL as a major supplier team up for leadership in future battery technology

Wednesday, August 5, 2020 - 1:30pm

The agreement covers the full range of battery technologies, from cells across modules for Mercedes-Benz Cars to entire battery systems for Mercedes-Benz Vans in promising innovative technology configurations.

Key Points: 
  • The agreement covers the full range of battery technologies, from cells across modules for Mercedes-Benz Cars to entire battery systems for Mercedes-Benz Vans in promising innovative technology configurations.
  • This also includes the CATL cell-to-pack (CTP) design, which eliminates conventional modules and integrates the cells directly into the battery.
  • "We intend to lead in battery technologies, so we are now combining our own research and development expertise with bold partners.
  • "CATL will be amajor supplier securing capacity for the next generations of our EQ products in the years to come."