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Automakers

Mercedes reverses its EV entry strategy for U.S.

The EQS, shown in camouflage, is an electric version of the Mercedes S-Class. (Mercedes-Benz AG - Global Commun/Daimler AG)
UK
By:
Urvaksh Karkaria
October 19, 2020 04:00 AM

Mercedes-Benz's electric vehicle strategy for the U.S. market will take a contrarian approach when it unfolds next year, opting for profit margin over sales volume.

Featured Stories

GM
GM to invest $888 million for engine production at New York facility

General Motors is investing $888 million at a New York propulsion plant to increase engine production, the company said on May 27.

KH
By:
Kalea Hall, Reuters
GM to invest $888 million for engine production at New York facility
Finance Insurance
Nissan dealership accused in lawsuit of falsifying financial, employment information of car buyers
EF
By:
Eric Freedman
Nissan dealership accused in lawsuit of falsifying financial, employment information of car buyers
EV
EVs and homes can help balance the grid with bidirectional energy storage
JF
By:
Joel Feder
EVs and homes can help balance the grid with bidirectional energy storage
Used Cars
Retailers selling only used vehicles took advantage of strong demand in 2024. See our list.
CM
By:
C.J. Moore
Retailers selling only used vehicles took advantage of strong demand in 2024. See our list.

Latest News

GM to invest $888 million for engine production at New York facility
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Tesla takeover of suburban Detroit shopping center parking lot lands property owner in hot water
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