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Tag Archives: Ola Källenius
Pope Francis Gets Electric G-Class From Mercedes
Mercedes-Benz said that Ola Källenius and the team members gave a handmade unique vehicle based on the new electric G-Class to Pope Francis in the Vatican today. Mercedes-Benz has supplied cars to the Vatican for 94 years, and for the past 45 years, the Pope has been using the so-called “Popemobiles” based on the Mercedes-Benz G-Class.*
“With the new Popemobile, Pope Francis is the first pope to be travelling in a fully electric Mercedes-Benz when making public appearances. This is a special honor for our company, and I would like to thank His Holiness for his trust. With this Popemobile, we are also sending out a clear call for electromobility and decarbonization. Mercedes-Benz not only stands for the special and individual – but also for consistently creating the conditions for a net-carbon-neutral1 new car fleet in 2039,” said Ola Källenius, Chairman of the Board of Management of Mercedes-Benz Group AG. Continue reading
Posted in auto news, design and styling, electric vehicles, new vehicle, news analysis, people, shows and events
Tagged auto industry commentary, autoinformed.com, automotive blog, Automotive news and analysis, Ken Zino, Mercedes-Benz electric G-Class, Mercedes-Benz Group AG, Mercedes-Benz Museum in Stuttgart, Ola Källenius, Pope Francis, Pope Pius XI, Popemobiles, X @KenAutoinformed
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Mercedes-Benz NA adding Tesla Supercharger Network
Mercedes-Benz said today that drivers can use Tesla Superchargers in North America starting in 2024, in an attempt to expand electric vehicle sales appeal by providing full access to all major charging networks. The move follows other major automakers already in the process of plugging in to the network – Ford and GM – since there are more than 12,000 Tesla Superchargers across North America right now. Mercedes-Benz will be the first German automaker to implement the so-called NACS ports into its new electric vehicles starting in 2025 as part o an attempt to have one universal charging system hookup. Continue reading
Autonomous Vehicles, Entertainment: Mercedes-Benz Debuts a New Operating System in the Automobility Cosmos
This is only one aspect of a program intended to bolster the stated Mercedes-Benz desire to remain a preeminent luxury brand. Moreover, both are advanced aspects – or aspirations – of what the auto industry and its products are heading toward: a software defined vehicle and user experience, as well as the comprehensive use of data collection and artificial intelligence that will enable autonomous vehicles, along with ongoing software over-the air updates for entertainment feeds, traffic alerts, subscription services, EV charging availability and range, among other aspects of a connected car from a connected car company and its connected dealers and other connected vendors. Continue reading
Posted in autonomous vehicles, connected vehicles, electronics, milestones, mobility company
Tagged artificial intelligence, auto industry commentary, autoinformed.com, Google Cloud AI, Ken Zino, mb.os, Mercedes Modular Architecture, NVIDIA DRIVE, Ola Källenius, SAE Level 2 and 3 autonomous driving, software defined
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Mercedes-Benz to Open a Global EV Charging Network
General Motors is arguably well ahead of Mercedes in offering charging stations. Even though more public charging stations are in operation than ever, customer satisfaction with public Level 2 charging declined from last year, dropping to 633 (on a 1,000-point scale) from 643 in 2021, while satisfaction with the speedier DC (direct current) fast charger segment remains flat at 674, J.D. Power told AutoInformed last August. Continue reading
Mercedes-Benz to Increase Focus as a Luxury Car Company
Mercedes-Benz will change its product portfolio, allocating more than 75% of its investments to develop products for the most profitable market segments. As part of this strategy designed to please the capital markets, Mercedes-Benz aims to increase sales share of its Top-End vehicles by around 60% by 2026 compared to 2019. Like many auto companies it intends to achieve “higher quality growth and a further significant increase in profitability and resilience, striving for an operating margin target of approximately 14% by mid of the decade in favorable market conditions.” Continue reading
Record Auction Price – €135m for Mercedes-Benz 300 SLR
A Mercedes-Benz 300 SLR Uhlenhaut Coupe from 1955 has been sold at auction for a record price of €135 million to a private collector, Mercedes-Benz said today. It was one of just two prototypes built at the time. Named after … Continue reading
Mercedes-Benz to invest €60B to be Electric Only
The Supervisory Board agreed to an investment plan for the years 2022 to 2026 of more than €60 billion. Mercedes-Benz claims it will reduce capex, research and development expenses for the electrification of the product portfolio and digitalization processes, including steps towards automated driving, albeit at an admittedly high level. Needed to do this is an increase net revenues per vehicle. In addition, a gradual shift toward a direct sales model, which includes control over pricing, is being sought. Rising revenue from digital services will further support results. Continue reading
Daimler Boards Approve Spin Off of Mercedes-Benz Cars and Daimler Truck as Two companies. Shareholder Vote in October
In a high stakes move by the Daimler AG Board of Management and Supervisory Board (ticker symbol DAI) to separate two very different businesses and insulate the parent company from financial threats that Global Warming, connected and autonomous vehicles and automaker upheavals are causing, approved making Mercedes-Benz Cars and Daimler Truck independent companies. Continue reading
Daimler Earns €4.0 billion in 2020
During 2020, net profit improved to €4.0 billion (2019: €2.7 billion). Net profit attributable to the shareholders of Daimler AG amounted to €3.6 billion (2019: €2.4 billion), leading to an increase in earnings per share to €3.39 (2019: €2.22). At the Annual General Meeting on 31March 31, 2021 the Board of Management and the Supervisory Board will propose a dividend of €1.35 per share (2019: €0.90). Total payout will amount to €1.4 billion (2019: €1.0 billion). Continue reading
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
Mercedes-AMG Petronas Win F1 Constructors’ Championship
“When we re-joined Formula One with a works Mercedes team in 2010, it was part of a long-term strategic plan,” said Ola Källenius, member of the Board of Management of Daimler AG, responsible for Group Research & Mercedes-Benz Cars Development. Continue reading
Surprise! Bodo Uebber to Leave Daimler Board as Purge Continues
Like all automakers, Daimler is facing the unknown future of mobility, autonomous vehicles and the internet of things. Its problems are complicated by currency valuations and a vulnerable international supply and manufacturing footprint fraught with political issues starting in Germany, and competitors, of course. Continue reading
Annals of Marketing – New Electric Mercedes-Benz GLC
Mercedes Benz said today that at its Technology Center in Sindelfingen, Germany, CEO Ola Källenius is testing the new Mercedes-Benz GLC with EQ technology.* In the latest YouTube video by Mercedes‑Benz, Källenius teases the model series. He previewed its design, capabilities, and handling. In previous videos, Ola Källenius drove the electric CLA and electric G-Class in the landscapes of Austria and Sweden, offering a sneak peek ahead of each vehicles’ world premiere. The new electric GLC, will be unveiled at Munich’s IAA motor show on 7 September 2025. Once upon a forgotten time this would have happened at the Frankfurt Motor show. Continue reading →