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New Mercedes-Benz Strategy Aimed to Help Higher Profits
This follows the Q2 Daimler disaster. The COVID pandemic or the Grim Reaper saw a decline in demand for cars, vans, trucks and buses. Group total sales decreased by -34% to 541,800 cars and commercial vehicles (Q2 2019: 821,700). Revenue slipped significantly by -29% to €30.2 billion (Q2 2019: €42.7 billion). EBIT was minus -€1,682 million (Q2 2019: minus -€1,558 million). Adjusted EBIT was -€708 million (Q2 2019: plus €2,447 million). Continue reading
Random Covid Curiosities
For the new Ghost, which debuts in autumn 2020, this technology has been developed to incorporate hardware and software improvements, collectively dubbed the Micro-environment Purification System. Impurity Detection Sensors have been introduced to detect ambient pollution levels, automatically switching fresh air intakes to Recirculation Mode if unacceptable levels of airborne contaminants are present. This channels all cabin air through a Nanofleece filter, which can remove nearly all ultra-fine particles, viruses and bacteria from the Rolls-Royce’s interior in less than two minutes. Continue reading →