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  • August 21, 2014
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  1. News - China - COMPETITION

    China finds Mercedes-Benz guilty of price manipulation

    Posted Aug 18th 2014, 11:18am by Kwong Man-ki

    ... Kwong Man-ki in Beijing phoenix.kwong@scmp.com Car industry is the latest to come under the spotlight as Beijing intensifies antitrust investigations Mercedes-Benz found guilty of price-fixing Mercedes-Benz has been found guilty of fixing prices for car parts and after-sales services, according to antitrust authorities in Jiangsu. A Xinhua report said the province's price ...

  2. Business - Companies - DEBT

    Mercedes-Benz rekindles panda bond hopes in China

    Posted Jan 22nd 2014, 12:54am by Jeanny Yu

    ... Jeanny Yu jeanny.yu@scmp.com Mercedes rekindles panda bond hopes German carmaker Mercedes-Benz plans to sell yuan-denominated bonds in the onshore debt market- known as "panda bonds"- mainland state media reported, making the car giant the first non-financial institution to sell such bonds and rekindling hopes of a handful of foreign companies raising funds onshore ...

  3. Business - Companies - CARS

    India's luxury car sales accelerating

    Posted Feb 10th 2014, 04:31am by AFP

    ... Mercedes-Benz admits it was "a little surprised" when Indian customers snapped up 125 of its new top-of-the-line S-Class luxury cars costing 15.7 million rupees (HK$1.96 million) each in just ... have gone into overdrive for parts of the luxury car segment. Daimler's Mercedes-Benz, for instance, saw sales rocket 32 per cent year on year in India last year, despite punitive import ...

  4. Business - Companies

    Daimler’s Mercedes-Benz sees double-digit growth in China market

    Posted Aug 30th 2013, 12:52pm by Reuters

    ... Norihiko Shirouzu in Chengdu Daimler’s Mercedes-Benz expects to see growth of up to 15 per cent in China’s luxury car segment this year, a senior executive said, and is trying to grab ... component of Daimler’s strategic plan to invest 2 billion euros ($2.67 billion) in China over the next two years. It aims to boost sales of Mercedes-Benz cars by a third to more than 300,000 cars ...

  5. Business - Companies

    Daimler’s Mercedes-Benz to outline strategic plan for China

    Posted Aug 27th 2013, 10:17am by Reuters

    ... Reuters in Beijing Mercedes to outline sales plan for China Daimler’s Mercedes-Benz will launch about 20 new or upgraded car models in China over the next two years, part of a broader ... of Mercedes-Benz cars in China by a third to more than 300,000 cars a year by 2015, according to two individuals familiar with the matter. Daimler’s new China chief, Hubertus Troska, and his management ...

  6. Now you can have the Mercedes-Benz smell without the high price

    Posted Jul 10th 2012, 12:00am

    ... Alan Wong If you like the smell of a luxurious new car, Mercedes-Benz may fulfil you with a price tag that is surprisingly short of six or seven digits. The car manufacturer last Friday launched the brand's first men's fragrance to complete the Mercedes-Benz experience for the brand's car owners, as well as those who just want to smell like a Mercedes-Benz coupe. ...

  7. News - China - COMPETITION

    Mercedes, BMW face China price-fixing probe as automaker investigation spreads

    Posted Aug 05th 2014, 11:34pm by Kwong Man-ki

    ... fines for price fixing Mainland authorities could slap fines on carmakers Audi and Chrysler as the latest anti-monopoly crackdown widens to Mercedes-Benz and forces foreign manufacturers to cut prices. Nine antitrust officers from the National Development and Reform Commission (NDRC) raided the Shanghai office of German premium carmaker Mercedes-Benz on Monday morning, according ...

  8. Mercedes-Benz goes all out to wow media and VIPs for launch of new SLK-Class and C-Class Coupe cars

    Posted Jul 19th 2011, 12:00am

    ... Mercedes-Benz party was quite a blast. The carmaker hosted an afternoon session with the media and a soir?e for VIPs at the Convention and Exhibition Centre to introduce the new SLK-Class and C-Class ... Fala Chen and Bosco Wong Chung-chak were there to pose for the cameras, alongside the cars. Chen said the first car she bought was a white Mercedes-Benz C-Class. 'Nowadays I hire a driver ...

  9. Mercedes-Benz sees strong rise in sales

    Posted Sep 07th 2011, 12:00am

    ... Neil Gough neil.gough@scmp.com Sales of Mercedes-Benz cars in Hong Kong have surged by almost a third in the year to date and are on pace to trump last year's record, a top executive said yesterday. 'We have outperformed the market,' Mercedes-Benz Hong Kong chief operating officer Claus Weidner said. Local sales of Mercedes-branded cars rose 30.1 per cent ...

  10. Mercedes-Benz extends Derby deal

    Posted Oct 25th 2006, 12:00am by Murray Bell

    ... Murray Bell The Jockey Club announced yesterday Mercedes-Benz will extend its sponsorship of the Hong Kong Derby for another three years. The agreement will incorporate the three races set ... very grateful for Mercedes-Benz for redoubling its generous support of Hong Kong racing,' said Jockey Club chief executive Lawrence Wong Chi-kong. 'The Mercedes-Benz Hong Kong Derby ...




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