Sci-tech

Mercedes Benz is Launching a Car Subscription Service in the US

Mercedes Benz is Launching a Car Subscription Service in the US”

We've learned that one of those will be dubbed the EQ S, a sedan that will take its place at the top of the automaker's vehicle hierarchy. The EQ brand will be strengthened by hybrid plug-in models and will have a range of unique battery offerings. "While conventional vehicles will feature so-called mild hybrid with 48-volt battery technology in a shift away from pure combustion power, all vehicles will be electrified", said Zetsche.

Mercedes has held on to its top position in the global automotive industry against competitors like BMW and Audi with record deliveries and profits a year ago.

Mercedes-Benz has been linked to American market subscription services in recent weeks, and in a press release Thursday, the company confirmed it will launch a subscription service, Mercedes-Benz Collection, to be rolled out in pilot markets of Philadelphia and Nashville, Tennessee. He reiterated it was too early to comment on potential risks from trade barriers, adding that recent developments in Russian Federation related to stricter planned USA sanctions coincided with more encouraging signals in China about potentially easing rules for outside investors. China is expected to ease limitation on joint venture opportunities for foreign manufacturers. "We're not dogmatically closed", Zetsche said.

When asked to comment on the increase of opportunities in China, he reiterated that Mercedes will welcome additional opportunities. But of course, it's better to have more instead of fewer options. Mercedes will meet China's planned electric-car quota, Zetsche said.

As long as Daimler safeguards it's now existing joint-venture partner, the Chinese BAIC Motor Corp, the company is open to accepting many ways to cooperate with its new largest investor, Li Shufu.

Mercedes hopes to lift sales volumes with expansion in the compact auto lineup.



Like this

Latest


16 April 2018
Dembele: I won't leave Barcelona after just one season
Dembele, 20, made a move to Barcelona from Borussia Dortmund in August previous year for a reported €105million. The midfielder has spent a long time at Camp Nou - the entirety of his 18 year career, to be precise.

16 April 2018
FIFA task force arrives in Morocco for 2026 World Cup bid inspection
South Africa's unwavering support followed the decision of the 29th Arab Summit to unanimously support the Moroccan bid. They have previously campaigned for the right to organise 1994, 1998, 2006 and 2010 editions.

16 April 2018
Wynn Resorts (WYNN) Scheduled to Post Earnings on Monday
Wynn Resorts, Limited has a 1-year low of $79.77 and a 1-year high of $109.50. 75 funds opened positions while 153 raised stakes. The casino operator reported $1.40 earnings per share for the quarter, beating the Zacks' consensus estimate of $1.33 by $0.07.

16 April 2018
SpaceX seeks to recover upper stage of rockets using "giant party balloon"
Just like SpaceX's self-landing rockets and its giant net boat, the goal is to reduce the cost of launching rockets by reusing parts.

16 April 2018
Kellyanne Conway Was Being 'Sarcastic' About Comey Swinging the Election
There are 2 comments on the Yahoo! story from 1 hr ago, titled Kellyanne Conway On James Comey: "This Guy Swung An Election". She also tweeted her defense. "This misleading headline should include an eye roll and question mark".

16 April 2018
More SEGA Ages Games Have Been Announced
Octopath Traveler, the upcoming Nintendo Switch exclusive RPG from Square Enix, has received its first rating courtesy of Australia.

16 April 2018
Narrow escape for Earth as closest large asteroid ever recorded whizzes past
It was also incredibly fast-it was traveling at a speed of 66,174 miles per hour, or Mach 86. An interactive 3D orbit of the asteroid is available from JPL: explore it here !

16 April 2018
Nike (NKE) Shares Sold by Raymond James & Associates
Also, the number of institutional investors holding Schulman A Inc in top ten holdings decreased from 1 to 0 for a decrease of 1. A stock that has a beta score higher than 1 means that volatility is high, while less than 1 means that volatility is low.

16 April 2018
Philadelphia commissioner defends officers who arrested 2 blacks at Starbucks
An investigation is still ongoing and additional charges are possible from the Sarasota Police Department and Sheriff's Office. Responding officers found his wife, Natasha McKinney, 34, on the floor in a bedroom of the residence that they shared.

16 April 2018
Xact Kapitalforvaltning AB Invests $347000 in Sabra Health Care REIT (NASDAQ:SBRA)
One analyst has rated the stock with a sell rating, nine have given a hold rating and four have given a buy rating to the company. The stock increased 0.53% or $0.09 during the last trading session, reaching $17.2. 749,869 shares of the company traded hands.