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.

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