Investment Management
Mercedes-Benz, the world’s largest maker of luxury cars, is introducing a new range of battery powered vehicles starting with the EQC Crossover which starts production in the first half of next year The car joins the Porsche Taycan, Audi E-tron and Jaguar I-Pace in putting pressure on Tesla as the California-based carmaker struggles to ramp […]
Our Algo sees an upside of 12 percent for this luxury thoroughbred family pwned automotive brand. What’s more – it has just attracted $9 billion of fresh Chinese money – the biggest investment in a global automobile manufacturer by a Chinese company The billionaire founder of Zhejiang Geely Holding Group Co. has accumulated […]
Daimler US ADRs ended the year at $74.15, up more than 25 percent since July 2016. In 2016, Mercedes retook the luxury-car crown from BMW for the first time in over a decade, as new models like the GLA compact SUV attracted younger buyers and the S-Class was re-established as the benchmark luxury sedan […]
* Mercedes-Benz boosted sales twice as fast as BMW in the first quarter, moving closer to clinching the lead in the world’s luxury-car market for the first time in a decade. Deliveries soared 13 percent to 483,487 vehicles in the three months through March, compared with a 6 percent increase to 478,743 cars for BMW AG’s namesake brand […]
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