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For South Africa as a whole, three quarters of its vehicle production is exported. At the same time, South Africa's policy paper on EVs is two years behind schedule. "The train (EV shift) is a global one, and it's leaving the station. If South Africa doesn't jump onto the train, it runs the risk of being left behind," Mark Raine, co-CEO Mercedes-Benz Cars South Africa, told Reuters in an interview. Specifically, South Africa will need to boost local demand by cutting the import tax for EVs, setting up large-scale EV charging stations and investing in skills needed for the new ecosystem that EVs bring, he said.
Persons: it's, Mark Raine, Mercedes, Raine, Promit Mukherjee, Barbara Lewis Organizations: Mercedes Benz Group AG, Mercedes, Benz, Reuters, Thomson Locations: JOHANNESBURG, South Africa, Africa, Europe
Mercedes applies for tax relief for projects at two U.S. plants
  + stars: | 2023-09-25 | by ( ) www.reuters.com   time to read: +1 min
REUTERS/Elijah Nouvelage/File Photo Acquire Licensing RightsCompanies Mercedes Benz Group AG FollowBERLIN, Sept 25 (Reuters) - German carmaker Mercedes-Benz (MBGn.DE) has applied for tax breaks for potential projects at two of its U.S. plants under the Inflation Reduction Act (IRA), a company spokesperson said on Monday. "We have decided to participate in the application process for production-related tax relief" under the IRA for the plants in Alabama and South Carolina, according to the spokesperson. A final decision is expected later this year or early next year, Handelsblatt reported. Mercedes did not want to comment on the production plan for the electric GLS. Reporting by Ilona Wissenbach, Writing by Miranda Murray, Editing by Friederike HeineOur Standards: The Thomson Reuters Trust Principles.
Persons: Elijah Nouvelage, Mercedes, Handelsblatt, Ilona Wissenbach, Miranda Murray, Friederike Heine Our Organizations: Benz, REUTERS, Companies Mercedes Benz Group, Thomson Locations: Woodstock , Alabama, U.S, Alabama, South Carolina, United States
The logo of Mercedes-Benz is seen outside a Mercedes-Benz car dealer in Brussels, Belgium June 1, 2023. In the letter published on DUH's website, the KBA referred to three devices found in cars produced under the Euro 6 standard, the most recent and stringent limits for harmful tailpipe emissions from petrol or diesel-powered vehicles. Mercedes-Benz was obliged to take remedial measures or face an order to remove the cars from the road, it said, based on a ruling by the European Court of Justice that deemed such devices illegal in certain driving conditions. In a statement, Mercedes-Benz said it was co-operating fully with the KBA and that it believed it had already developed the technology required to tackle the issue via software updates. Reporting by Victoria Waldersee; Editing by Rachel More and Clarence FernandezOur Standards: The Thomson Reuters Trust Principles.
Persons: Yves Herman, Benz, carmaker, Victoria Waldersee, Rachel More, Clarence Fernandez Organizations: Mercedes, Benz, REUTERS, Companies Mercedes Benz Group, Deutsche, European Court of Justice, Thomson Locations: Brussels, Belgium
Sagarmatha National Park in Nepal safeguards the southern slopes of Mt Everest, the world’s highest peak at 8,849 meters (29,032 feet). Venezuela’s Canaima National Park is home to Angel Falls, the world’s tallest waterfall at 979 meters (3,212 feet). Larger than Delaware and roughly the same size as Wales, Yellowstone was considered huge when it became the world’s first national park in 1872. North AmericaSprawling across nearly half of the world’s largest island, Northeast Greenland National Park is currently the globe’s single largest national park and biggest land-based protected area. Imaginechina Limited/Alamy Stock PhotoDespite being the largest continent, Asia has fallen behind in the race for the world’s largest national parks.
Persons: Venezuela’s, there’s, , Mette Pike Barselajsen, Mercedes, China’s, Martin Harvey, Naukluft, it’s, Claire Christian Organizations: CNN, National, United Nations, Nanu, South America, Colombia Oculta, Simpson, Mercedes Benz G, Imaginechina, Bank, Getty, Conservation, Antarctic & Southern Ocean Coalition, Antarctic Locations: Nepal, Mt, Angel Falls, Angkor, Cambodia, Delaware, Wales, Yellowstone, North America, Greenland, Ittoqqortoormiit, , East Greenland, South, Patagonia, Colombia, Australia, South Australia, Asia, Qinghai Province, Europe, Africa, Africa’s, Zambia, Zimbabwe, Mozambique, Angola, Namibia, Antarctica
Mercedes sales rise in Q2 on top-end, electric vehicles
  + stars: | 2023-07-11 | by ( ) www.reuters.com   time to read: +1 min
Companies Mercedes Benz Group AG FollowBERLIN, July 11 (Reuters) - Mercedes-Benz Group (MBGn.DE) sales in the second quarter rose 6% year-on-year - a total of 515,700 vehicles - on the back of demand for all-electric and top-end vehicles, the German carmaker said on Tuesday. Sales grew in all the carmaker's main regions - Europe, Asia and North America - with deliveries in Germany up 23%, while China was up by 12% and the United States by 6%. In the rest of the world, second-quarter sales fell 12% to 20,700 vehicles. Electric vehicles conitnued to be the main growth driver in the quarter, with passenger cars sales growing 123%, to reach 56,300 units. The top-end segment - which includes models such as AMG, Maybach and G-class - also posted solid growth of 12% for the period.
Persons: carmaker, Miranda Murray, Friederike Heine Our Organizations: Mercedes Benz Group, BERLIN, Benz Group, ., Maybach, Thomson Locations: Europe, Asia, North America, Germany, China, United States
Mercedes won't join Renault's new electric van project-sources
  + stars: | 2023-06-02 | by ( ) www.reuters.com   time to read: +1 min
PARIS, June 2 (Reuters) - Mercedes Benz Group (MBGn.DE), a longtime partner of Renault (RENA.PA) in vans, won't take part in the French company's FlexEvan electric project and will focus instead on its own premium electric vehicle VAN.EA, two sources with knowledge of the matter said. A spokeswoman of Mercedes confirmed that the group had no plan to launch a mid-sized van or a large one on a different platform than VAN.EA. Renault has long sought to expand its cooperation in vans with Mercedes, but in vain. "It is true that for light commercial vehicles, the bulk (of the cooperation with Mercedes) has been done", one of the sources said. Reporting by Gilles Guilaume; Editing by Silvia Aloisi and David HolmesOur Standards: The Thomson Reuters Trust Principles.
Persons: FlexEvan, Mercedes, Luca de Meo, Carlos Ghosn, Gilles Guilaume, Silvia Aloisi, David Holmes Organizations: Mercedes Benz Group, Renault, Nissan, Renault Trucks, Sweden's Volvo, Mercedes, Daimler, Thomson Locations: U.S
Mercedes-Benz reports Q1 adjusted return on sales of 14.8%
  + stars: | 2023-04-20 | by ( ) www.reuters.com   time to read: +1 min
Companies Mercedes Benz Group AG FollowBERLIN, April 20 (Reuters) - Mercedes-Benz on Thursday posted first-quarter group adjusted return on sales of 14.8%, above market expectations, boosted by higher prices and strong demand. "Mercedes-Benz Cars delivered an adjusted return on sales of 14.8%, due to healthy net pricing, higher sales and a good product mix," the carmaker said in a statement. Analysts expected an average adjusted return on sales of 13.4%. First-quarter group earnings before interest and taxes rose to 5.5 billion euros and adjusted return and industrial free cash flow was at 2.2 billion euros. Adjusted return on sales of the vans division rose to 15.6% due to improved net pricing and higher sales, the company added.
Companies Mercedes Benz Group AG FollowFRANKFURT, March 3 (Reuters) - Mercedes-Benz (MBGn.DE) laid the foundation stone for a sustainable battery recycling factory in Kuppenheim, southern Germany on Friday. The pilot plant will have an annual capacity of 2500 tonnes and will contribute to the production of more than 50,000 battery modules for new electric Mercedes-Benz vehicles. Subject to talks with the public sector, the pilot factory will be completed a few months later. The Kuppenheim plant already runs a CO2-neutral operation with solar and green electricity. "We are sending an important signal of innovative strength in Baden-Württemberg and Germany for sustainable electromobility," said Jörg Burzer, management board member of Mercedes-Benz in production and supply chain management.
SummarySummary Companies Mercedes slides on report of China EV price slashesEuropean autos sector eyes worst day in nearly 7 weeksBiden says missile that hit Poland may not have come from RussiaNov 16 (Reuters) - European shares fell on Wednesday, with Mercedes Benz Group leading losses in automobiles stocks, while a blast in Poland kept sentiment subdued and pushed up defence stocks. The pan-European STOXX 600 (.STOXX) index fell 0.4% by 0924 GMT. Auto stocks (.SXAP) tumbled 2.8% to lead sectoral declines, and were headed for their biggest one-day percentage fall in almost seven weeks. The European aerospace and defence (.SXPARO) sector climbed 0.9% following news of the blast. Multiple data points signalled a euro zone recession amid the European Central Bank's aggressive monetary tightening cycle to control record-high inflation.
Companies Mercedes Benz Group AG FollowBERLIN, Oct 17 (Reuters) - Mercedes-Benz (MBGn.DE) has struck a preliminary agreement with an offshore wind provider to supply electricity equivalent to 25% of its demand in Germany from 2027 onwards, a spokesperson for the carmaker said on Monday. The energy provider, which the spokesperson declined to name, will reserve the energy for Mercedes-Benz from an offshore wind park under construction in the Baltic Sea. The carmaker, which previously said it aims to cover 70% of its energy demand with renewables by 2030, said in April it was sourcing all its electricity for Germany from green sources from 2022 onwards under purchase power agreements with Statkraft and Enovos. It is also planning to build a wind farm in the northwestern German state of Lower Saxony by 2025 that is able to produce a hundred megawatts of electricity, equivalent to over 15% of the carmaker's annual demand in Germany. Register now for FREE unlimited access to Reuters.com RegisterReporting by Victoria Waldersee; editing by David EvansOur Standards: The Thomson Reuters Trust Principles.
SHANGHAI, Oct 11 (Reuters) - CATL (300750.SZ), a Chinese electric vehicle (EV) battery giant, forecast its net profit in the July-September quarter to nearly triple from a year-ago period, buoyed by rapid expansion in production to power the growth of EVs worldwide. The company is the world's biggest battery maker and accounts for more than a third of global EV battery sales. CATL, a supplier to U.S. carmaker Tesla Inc (TSLA.O), expects its third-quarter net profit to increase to between 8.8 billion yuan ($1.23 billion) and 9.9 billion yuan, up from 3.3 billion yuan last year, CATL said in a stock exchange filing late Monday. Register now for FREE unlimited access to Reuters.com RegisterIt expects net profit for the first nine months of the year to more than double from a year-ago period. The Chinese firm announced in August that it would build a $7.6 billion battery plant in Hungary, Europe's largest so far.
The Mercedes-Benz logo is seen at the 43rd Bangkok International Motor Show, in Bangkok, Thailand, March 22, 2022. REUTERS/Athit PerawongmethaCompanies Mercedes Benz Group AG FollowBERLIN, Sept 19 (Reuters) - Mercedes-Benz (MBGn.DE) is planning to build a wind farm in the northwestern German state of Lower Saxony, by 2025 that is able to produce a hundred megawatts of electricity, equivalent to over 15% of the carmaker's annual demand in Germany, it said on Monday. Mercedes will invest a three-digit million figure in a power purchase agreement with an as-yet-unnamed partner to buy the electricity generated by the turbines, the carmaker said. It is also examining together with local authorities whether it could put solar panels onto the remaining space in the 800-hectare piece of land in Papenburg, a test track owned by the carmaker. Register now for FREE unlimited access to Reuters.com RegisterReporting by Victoria Waldersee, Editing by Miranda MurrayOur Standards: The Thomson Reuters Trust Principles.
Чокой озвучил свои доходы
  + stars: | 2021-06-10 | by ( ) ehomd.info   time to read: 1 min
Временно исполняющий обязанности премьер-министра Молдовы Аурелиу Чокой рассказал о своем достатке. Накануне Чокой стал гостем передачи Cutia Neagră на канале TV8. В декларации об имуществе за 2020 год Чокой указал доход в размере более 231 тыс. Чокой также указал, что владеет автомобилем Mercedes Benz GLK 320 CDI 2009 года выпуска. Также он указывает в своей декларации два банковских счета: один за границей, на котором хранятся 35 тыс.
Persons: Аурелиу Чокой, Чокой Organizations: Mercedes Benz Locations: Молдова
Общество В прошлом году треть депутатов приобрели новые автоВ прошлом году новыми авто обзавелись почти каждый третий депутат. В распоряжении депутата также автомобиль марки Porsche, оценочной стоимостью 2 миллиона леев, машина была приобретена в 2018 году. В прошлом году он приобрёл новый BMW стоимостью почти два миллиона леев. Еще один автомобиль, купленный Андронаки – это Mercedes Benz GLE. Всего, согласно декларациям об имуществе, проанализированным журналистами TV8, 27 депутатов указали новые автомобили, приобретенные в прошлом году или в начале этого года.
Persons: Владимир Чеботарь, Владимир Андронаки, Андронаки, Евгений Никифорчук, Сергей Сырбу, Андриан Канду, Николае Чубук, Денис Уланов, Адриан Лебединский, Владимир Односталко Organizations: TV8, Pro Moldova, Porsche Cayenne, Porsche, BMW, Mercedes Benz GLE, Renault, Skoda Kodiaq, Toyota Camry, Общество, Шор, ПСРМ Locations: Moldova
Другие депутаты указывают новые автомобили, купленные в лизинг или полученные от родителей, сообщает Point.md со ссылкой на tv8.mdСамый дорогой автомобиль указал депутат фракции Pro Moldova Владимир Чеботарь. Это автомобиль Porsche Cayenne, произведенный и купленный в прошлом году. Помимо этого автомобиля, Чеботарь также ездит на Porsche Panamera, стоимость которого оценивается в 2 миллиона леев, машина была приобретена в 2018 году. Еще один автомобиль, купленный Андронаки, - это Mercedes Benz GLE. Он стоит более 1,3 миллиона леев.
Persons: Mercedes Benz, Владимир Чеботарь, Чеботарь, Владимир Андронаки, Андронаки, Евгений Никифорчук, Сергей Сырбу, Андриан Канду, Николае Чубук, Шор, Денис Уланов, Адриан Лебединский, Владимир Односталко Organizations: Point.md tv8, Pro Moldova, Porsche, BMW, Renault Megane, Pro, Skoda, Lexus, Toyota Camry, TV8, Парламент, ПСРМ Locations: Moldova, Pro Moldova, Skoda Kodiak, Республика Молдова
Исполняющий обязанности премьер-министра Аурелиу Чокой владеет квартирой площадью 132,4 м², домом площадью 107,9 м² и автомобилем Mercedes Benz. xВ декларации Чокой указал, что в 2020 году получил зарплату за работу в администрации президента — более 123 тыс. леев за работу в министерстве иностранных дел и евроинтеграции, а за работу в Государственном университете — 114,2 тыс. Кроме этого, Чокой указал в декларации, что у него есть квартира площадью 132,4 м², которая оценивается в 1,77 млн. леев, и дом площадью 107,9 м², который он получил в наследство.
Persons: Mercedes Benz, Aurel Ciocoi, newsmakermd, Аурелиу Чокой, Чокой Organizations: Государственный университет
премьера Аурелиу Чокой. Временно исполняющий обязанности премьер-министра Аурелиу Чокой подал декларацию о доходах и имуществе за 2020 год. Так, согласно опубликованным данным, за прошлый год чиновник за работу в администрации президента получил зарплату в размере более 123 тыс. Аурелиу Чокой владеет квартирой площадью 132,4 м², которая оценивается в 1,77 млн. Кроме этого Аурелиу Чокой указал в декларации, что хранит деньги на счетах в четырех банках: 30,5 тыс.
Persons: Mercedes Benz, Аурелиу Чокой Organizations: Государственный университет Locations:
Total: 17