Mercedes and BMW’s dominance wanes as electric brands ascend
Mercedes-Benz narrowly beat BMW AG for the title of world’s best-selling luxury-car brand in 2020, a year in which cracks ...
Tag: Mercedes-Benz
Daimler raises earnings forecast on China auto sales rebound
Daimler AG improved its full-year profit forecast after earnings bounced back last quarter as it posted robust sales in China ...
Auto ABS: A look at the industry’s golden goose [Feature]
The auto asset-backed securities market has long been known for its resiliency. During the credit crisis, securitized pools of auto ...
BMW, Daimler look to EV market to recover sales
BMW Group and Daimler AG have their sights set on the sustainability of the electric vehicle market, despite vehicle sales ...
Asbury rebounds for second shot at Park Place acquisition
Asbury Automotive Group will finally acquire assets from luxury dealer group Park Place after an unsuccessful run at the deal ...
Cost of funds rises in ABS market amid uncertainty
Five prime and subprime auto lenders brought $5.1 billion of asset-backed securities to market this week, marking one of the ...
Daimler Mobility slows origination volume to preserve cash
Daimler Mobility is tightening its origination volume as its parent Daimler AG shifts gears to full cash-preservation mode, said Harald ...
Mercedes-Benz launches subscription service for AMG models
Mercedes-Benz has launched a fourth tier for its subscription service, Mercedes-Benz Collection, that consists exclusively of high-performance AMG models available ...
