Mercedes-Benz

Mercedes-Benz is part of German manufacturer Daimler AG, and the brand is used for luxury automobiles, buses, coaches, and trucks. The name first appeared in 1926 under Daimler-Benz but traces its origins to Daimler's 1901 Mercedes and to Karl Benz's 1886 Benz Patent Motorwagen, widely regarded as the first automobile.

Chinese regulator fines Mercedes-Benz 350 million yuan for price fixing

The fine handed out to Mercedes-Benz in China is the highest so far for antitrust violations investigated in the country last year. Photo: Bloomberg

German carmaker Daimler's Mercedes-Benz has been fined 350 million yuan (HK$443 million) by a provincial pricing regulator for fixing the cost of vehicles.

Friday, 24 April, 2015, 6:10am 1 comment

Daimler CEO says no sign of slump in China, BMW more cautious

The symbol of Mercedes-Benz sits in front of the Daimler branch in Shanghai, China, as its CEO says he sees no sign of a slowdown n car sales in the country. Photo: AFP

Daimler Chief Executive Officer Dieter Zetsche said he saw no signs of a significant slump in sales for Mercedes-Benz luxury cars in China, even as rival BMW struck a more cautious tone.

13 Jan 2015 - 12:16pm

China finds Mercedes-Benz guilty of price manipulation

Jiangsu province's price bureau has found evidence of price manipulation at Mercedes-Benz car dealers in five cities and at the German brand's Shanghai office. Photo: Reuters

Mercedes-Benz has been found guilty of fixing prices for car parts and after-sales services, according to antitrust authorities in Jiangsu.

19 Aug 2014 - 5:53pm 16 comments

India's luxury car sales accelerating

India's big spenders are executives, ex-farmers and a younger, rich generation with different values from their parents. Photo: Bloomberg

German giant 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 16 days.

10 Feb 2014 - 4:46pm

Mercedes-Benz rekindles panda bond hopes in China

Mercedes-Benz is said to have hired Bank of China to work on a deal to raise funds in the mainland's interbank market. Photo: Bloomberg

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 directly.

22 Jan 2014 - 4:39pm

German carmakers lose Hong Kong market share after tax break ends

German carmakers lose Hong Kong market share after tax break ends

German car brands are losing market share in Hong Kong as a weaker yen and a new emissions rule that has squeezed European cars out of a tax incentive scheme since April have made their Japanese rivals more competitive.

17 Jun 2013 - 5:47am

Briefs, January 10, 2013

Mercedes-Benz sales in China up 4pc to record

Unaudited net profit at Baoshan Iron & Steel, the country's largest listed steelmaker, rose about 40 per cent last year to 10.3 billion yuan (HK$12.8 billion), helped by the sale of some assets, the firm said. But operating profit before one-off items fell 33 per cent to 6.2 billion yuan.

10 Jan 2013 - 4:21am

Cruise control

Vicente driving gloves (HK$6,000) by Herm?s

Lamb shearling jacket (HK$54,990) by Bally

Urban voyage bag (HK$13,990) by Bally

Picnic hamper (HK$19,000) by Dunhill

Shoes by Bottega Veneta (bottegaveneta.com)

Sunglasses (HK$4,900) by Tods

Sunglasses by Mercedes-Benz (mercedes-benz.com)

15 Aug 2012 - 10:54pm

Packed with innovations

The latest Mercedes-Benz SL roadsters are smart and packed with innovations. Unveiled at Crown Wine Cellars, in Shouson Hill on Tuesday, the sixth-generation SLs continue to embody stylish, open-top motoring.

29 Jun 2012 - 12:00am

Transport for all tastes

The Mercedes-Benz B-Class seems a car for many tastes - a hatchback with almost van-like space.

First launched in 2005, the Compact Sports Tourer has been a success, thanks to its build safety and smoothness of its front-wheel-drive ride.

The latest B-Class is more agile and efficient, and with lots of updates.

16 Mar 2012 - 12:00am

Brown-lamped Berio gets the money as Derby aspirants have mixed day

Trainer David Hall was as stunned as anyone when Berio was sensationally backed into favouritism in the last race, a Class Two Handicap where a trio of expensive imports began their campaigns towards the most prestigious race.

6 Feb 2012 - 12:00am

Greener, lighter and a tax saver

The Mercedes-Benz CLS has always been popular in Hong Kong. Launched in 2003, the coupes were soon snapped up by the local rich because they looked so sleek. Now, the latest S-Class and E-Class seem to have copied the original CLS's profile.

18 Mar 2011 - 12:00am

Corrections & clarifications

In the article, 'Dubai replaces Hong Kong as flavour of the month on Jamie's menus', on page 1 of the Sunday Morning Post on January 9, we reported that Tranic Franchising had not responded to telephone calls, e-mails or agreed to personal interview requests from the Post.

20 Feb 2011 - 12:00am

Let Me Handle It taking Super Satin's Derby path

Caspar Fownes has promising four-year-old Let Me Handle It treading in the footsteps of his 2010 Hong Kong Derby winner Super Satin after an impressive win in the Class Two Southwell Handicap (1,600m).

17 Jan 2011 - 12:00am

Mercedes safety features go hi-tech

The Mercedes-Benz CL-Class coupe arrived last week with a facelift, new engine and lots of safety technology.

The marque has reworked the bonnet, V-shaped the radiator grille and curved the headlamps. There are also three air intake openings and a chrome trim strip on the front bumper.

31 Dec 2010 - 12:00am

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