Mercedes

Mercedes plans to cut costs by several billion euros per year

Mercedes-Benz plans to cut costs by several billion euros per year in the coming years, the Handelsblatt newspaper reported, citing a spokesperson for the German carmaker. According to Handelsblatt, the…

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Mercedes to step up cost cuts after earnings halve

Mercedes-Benz will step up cost cuts after earnings halved in the third quarter hit by tepid demand and fierce competition in China, it said on Friday.The luxury carmaker cut its…

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Mercedes launch new-look 2024 F1 car, the W15

The final Mercedes that Lewis Hamilton will drive before leaving for Ferrari has been unveiled as the former champions change design approach and also reveal a revamped livery for 2024.…

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Mercedes-Benz: Europe likely won’t be ready for all-electric sales by 2030

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…

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Mercedes sales rise on top-end, electric vehicles

Mercedes-Benz Group sales in the second quarter rose 6% year-on-year - a total of 515,700 vehicles - on the back of demand for all-electric and top-end vehicles, the German carmaker said…

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Verstappen back on top as F1 testing starts

Formula One kicked off three days of pre-season testing in Bahrain on Thursday with Red Bull's double world champion Max Verstappen starting as he means to carry on. The Dutch…

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Jan

Mercedes to drop EQ product brand -Handelsblatt

BERLIN, Jan 12 (Reuters) - Mercedes-Benz MBGn.DE is set to drop the EQ product brand for battery-electric cars as soon as the next generation of compact cars, set to be…

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Russell takes his first GP win in Brazil in Mercedes one-two

SAO PAULO (Reuters) - Britain's George Russell took his first Formula One Grand Prix victory on Sunday to end a season-long blank for Mercedes in a one-two finish with seven…

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Gas-guzzling German carmakers face uphill struggle to go green

BERLIN (Reuters) - As Germany speeds up investment in renewables, the energy consumption of its carmakers reveals just how reliant the country's most important industry is on fossil fuels, a Reuters analysis…

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Lewis Hamilton plans to add his mother’s surname

Seven times Formula One world champion Lewis Hamilton said on Monday he planned to add his mother's maiden name Larbalestier to his. Speaking at Expo 2020 in Dubai ahead of…

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Banks beware, outsiders are cracking the code for finance

Anyone can be a banker these days, you just need the right code. Global brands from Mercedes and Amazon to IKEA and Walmart are cutting out the traditional financial middleman and…

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Hamilton takes pole for Imola Grand Prix

Imola, Italy (dpa) - Lewis Hamilton of Mercedes took a sensational pole position for Sunday's Formula One Emilia Romagna Grand Prix by beating Red Bull's Sergio Perez by 0.035 seconds. The seven-time world champion…

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Verstappen quickest in final practice at Imola

(Reuters) - Red Bull's Max Verstappen bounced back from a troubled opening day to set the fastest lap in final practice for the Emilia Romagna Grand Prix at Imola on…

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Hamilton wins at Imola as Mercedes clinch constructors’ title

Lewis Hamilton's reign of dominance continued at Imola with his ninth race win of the 2020 season, as team-mate Valtteri Bottas came in second. It was the perfect result for…

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Lewis Hamilton claims pole position in Belgium’s Grand Prix

Lewis Hamilton will start the Belgian Formula One Grand Prix from pole position after setting the fastest time in qualifying on Saturday. The Briton’s team mate, Valtteri Bottas, will start…

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Hamilton wins Hungarian Grand Prix

A masterful Lewis Hamilton won the Hungarian Grand Prix in dominant style and for a record eighth time on Sunday to wrest the Formula One championship lead from Mercedes team…

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BMW, Mercedes put automated driving alliance on hold

Daimler announced it had put on hold a development alliance in the area of automated driving between its luxury brand and rival German luxury carmaker BMW. "Following extensive review, the…

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Lewis Hamilton wins sixth driver’s world championship

Mercedes driver Lewis Hamilton wins 6th Formula One world title at US Grand Prix. Valtteri Bottas won the United States Graad Prix ahead Lewis Hamilton and Max Verstappen. Valtteri Bottas,…

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Bottas wins Suzuka GrandPrix

Mercedes Valtteri Bottas beat Sebastien Vettel and Lewis Hamilton to secure the constructors championship for Mercedes. Ferrari failed to take advantage of front row lock-out With this victory Mercedes became…

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Hamilton and Bottas register a 1 – 2 victory for Mercedes in Sochi

Lewis Hamilton successfully battled his way to victory in the 2019 Russian Grand Prix, his fourth career win in Sochi and his ninth victory of the season. He finished ahead…

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Ferrari’s Leclerc wins Italian Grand Prix’s Pole Position

Charles Leclerc delighted the Ferrari fans by roaring to pole position for Sunday's Italian Grand Prix. Formula One's rising star delivered another impressive performance to see off Lewis Hamilton and claim his second…

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Leclerc and Vettel secure a Ferrari 1 – 2 start in Belgium’s F1 race

Charles Leclerc and Sebastian Vettel secured another Ferrari 1-2 in Saturday’s final practice in Belgium, but the session was halted for 16 minutes after a high-speed crash for Lewis Hamilton.…

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Daimler recalls 60,000 Mercedes diesel cars in Germany over distorted emissions tests

Daimler must recall 60,000 Mercedes diesel cars in Germany after regulators found that they were fitted with software aimed at distorting emissions tests, the Transportation Ministry said on Saturday. Via…

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Hamilton wins Bahrain F1 race

Charles Leclerc had looked on course to convert his first pole position into a maiden win under the floodlights in Bahrain. That was until 10 laps before the end of…

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Photos: Ferrari F8 Triturbo launched at the 89th Geneva International Motor Show

Enrico Galliera Senior Vice President of the sales and marketing department at Ferrari, presented the New Ferrari F8 Triturbo during the first media day first media day at the 89th Geneva…

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BMW, Daimler and VW (Volkswagen, Audi, Porsche) investigated for collusion in breach of EU antitrust rules

The European Commission has opened an in-depth investigation to assess whether BMW, Daimler and VW (Volkswagen, Audi, Porsche) colluded, in breach of EU antitrust rules, to avoid competition on…

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