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Latest in Tag: Mercedes

Mercedes S-Class to arrive at Egypt dealerships in 2021

Mercedes Egypt has announced that its all-new S-Class luxury sedan will be available at local dealerships in 2021. The S-Class W223 was launched globally in September 2020, as Mercedes intends to keep the model at the top of car industry in terms of technology, luxury, and innovation. Mercedes S-Class comes in several segments: the S500 …

Daily News Egypt

Mercedes-Benz presents new E-Class range

The E-Class range now includes the new E200  AVANTGARDE, E300 AMG and the class leading E300 EXCLUSIVE. Mercedes-Benz Egypt has also extended the range to dream cars status, to include the new E200 AMG Coupé and E200 AMG Cabrio.

Daily News Egypt

Limited changes in car prices during March

A quiet state of calm prevailed over most car prices in March. The price moves were limited to a few models of Chevrolet, Hyundai, and Mitsubishi, ranging between a EGP 500 increase for the Verna to EGP 20,000 for the Lancer. Chevrolet, Renault, Ford, Toyota, Chery, Hyundai, and BMW had already moved their prices in …

Ahmed Amer

Mercedes most successful premium carmaker in 2017

German vehicle manufacturer Mercedes says it has retained its title as the world’s most successful premium brand carmaker. Its booming business in China is an essential part of securing that status.Daimler’s vehicle division Mercedes-Benz announced Monday it ended 2017 with yet another annual sales record — the seventh straight record in a row. The company’s …

Deutsche Welle

Historic leaps in car prices one year after flotation

The prices of cars have witnessed aggressive changes since the liberalisation of the exchange rate starting in November 2016. Daily News Egypt detected the changes to car prices in the Egyptian market from before the Central Bank of Egypt (CBE) made the decision to float the Egyptian pound last year up until November 2017. The …

Ahmed Amer

Automotive companies fix prices after Automech Formula 2017 concludes

A number of car companies decided to fix prices after offering discounts at the Automech Formula 2017. The automotive market witnessed a rise in the price of a number of models. With the recession plummeting market sales, customers are waiting for discount offers in the coming period, for new car buyers, after the used cars …

Ahmed Amer

Car prices continue climbing in August

July ended, and August began, but the expectations of distributors and dealers in the auto market remained mere inc as no prices have gone down as predicted. Even worse, several companies raised their prices in late July and August by over 8% compared to the beginning of July. Among the companies that raised prices are …

Ahmed Amer

Automotive companies offer no price cuts in Ramadan

For the first time in years, car companies have not offered price cuts on their products during the holy month of Ramadan. Most car models’ prices remained unchanged, except Nissan, Hyundai, Chery, and Ford. Auto companies expect that the sector’s sales will fall due to the Central Bank of Egypt’s (CBE) decision to raise the …

Ahmed Amer

Daimler raises 2017 outlook as Mercedes sales fuels profit growth

Daimler has revised up its profit outlook after a storming start to 2017. Fueled by sales of the company’s Mercedes-Benz E-Class, the company has forwarded its investment in electric cars and autonomous vehicles.German car manufacturer Daimler, the 13th largest in the world, raised its outlook for the year after profits doubled in the first three …

Deutsche Welle

Bottas replaces Rosberg at Mercedes, Wehrlein to Sauber

Valtteri Bottas is to replace the retired Formula One champion, Nico Rosberg, at Mercedes. This came after Felipe Massa came out of his short-lived retirement to replace Bottas in one of the Williams cockpits.The Mercedes F1 team on Monday confirmed what had long been expected, announcing that Finnish driver Valtteri Bottas will take the seat …

Deutsche Welle

Formula One: Mercedes technical boss Paddy Lowe leaves team

Just over a month after the retirement of Nico Rosberg, technical boss Paddy Lowe has also left German Formula One team Mercedes. The Briton is expected to join Williams and has been placed on “gardening leave.”Lowe led Mercedes to three consecutive drivers’ and constructors’ championship from 2014 to 2016 and his departure follows that of …

Deutsche Welle

Mercedes now largest premium carmaker?

German carmaker Daimler has shifted into higher gear in the past months to leave its competitors behind. It reported its Mercedes-Benz brand sold over 2 million units in 2016, marking an important new record.Mercedes-Benz is expected to reach its goal of becoming the world’s largest premium carmaker four years early. Daimler CEO Dieter Zetsche had …

Deutsche Welle

The Mercedes story

This week has been full of contradictory talk around rumours that Mercedes-Benz Egypt is looking to exit the local market, what the dealership’s stance is on the matter, and whether it will choose to actually exit the market. Mercedes’ position is as it always has been. There have been assurances that Arab investors have already agreed …

Mohamed Aboul-Fotouh

Daimler to buy car-leasing firm Athlon

The German auto maker – known for its Mercedes luxury cars – has acquired the Dutch car-leasing specialist because of its strong market position, allowing Daimler to improve its fleet management services.

Deutsche Welle

Hamilton wins Canadian Grand Prix

Mercedes driver Lewis Hamilton is back in the title race with victory on the circuit in Montreal. The defending champ profited from a better race strategy than second-placed Sebastian Vettel.

Deutsche Welle

Mercedes sales jump 13 percent

The popular German automaker said it sold 170,625 vehicles in May, more than it moved one month ago. With the rise, Mercedes has kept up a momentum that has been building since the beginning of the year.

Deutsche Welle