Based in the New York metro region, Jim Henry is a veteran reporter with more than 20 years experience covering the auto industry for publications such as Automotive News. He was also department manager, corporate strategy and market research, for Mercedes-Benz USA, the German automaker's U.S. sales and marketing subsidiary....
Mercedes-Benz is unlikely to bring its smallest and cheapest cars to the United States, other than the Smart car, which since January has been distributed separately in the U.S. market by the Penske Automotive Group However, Mercedes-Benz will offer more fuel-efficient diesel versions of several of its existing models in...
Mercedes-Benz is playing legal hardball with a major U.S. dealership group, Sonic Automotive, a publicly traded auto dealership chain with $8.3 billion in 2007 revenues based in Charlotte, N.C. Sonic owns nine Mercedes-Benz dealerships plus 160 other franchises around the country, making it one of the nation's three biggest dealer...
Mercedes-Benz is somewhat confusingly giving "blue" names to a number of dissimilar "green" engines. The names are similar to the company's BlueTec diesels, but some of those engines aren't diesels at all, in spite of the similar name. "Blue is the new green," said Thomas Ruhl, director of...
Byline: Jim Henry The split between Mercedes-Benz Financial and Chrysler Financial isn't likely to affect dealers much in the short term. But the divorce leaves Chrysler Financial facing some longer term uncertainties: * Cost of funds....
Byline: Jim Henry It's the season of giving: After piling on incentives in November, luxury import brands are offering even more low-rate loans, dealer spiffs and leasing discounts this month in a final bid for 2006 sales supremacy. For...
Byline: Jim Henry BMW AG aims to boost sales 40 percent worldwide and outsell Mercedes-Benz by 2008, according to BMW Chairman Helmut Panke. ``Why shouldn't we beat Mercedes - not just here in the United States but worldwide?'' Panke said...
M-B will offer diesel E320 Mercedes-Benz USA LLC is expected to announce on Tuesday, Jan. 14, that it will add a diesel-powered E-class sedan next year, the first time it has offered a diesel since the 1999 model year. The...
Byline: Jim Henry BMW intends to outsell Mercedes-Benz globally by 2008 by boosting volume 40 percent, said BMW Chairman Helmut Panke. "Why shouldn't we beat Mercedes, not just here in the USA but worldwide?" Panke said in an interview at...
Byline: Jim Henry David Levy is building a Mercedes-Benz dealership on 19 acres in Freehold, N.J., in part because he can't wait to sell the new ultraluxury Maybach. Levy, 44, who also holds a Volkswagen franchise, is optimistic but ...
Byline: Mark Rechtin, Jim HenryMercedes-Benz took a blow to its quality image by falling below average in the latest J.D. Power Vehicle Dependability Index study. It is the first time the German prestige marque has fallen below industry average...
Dave Schembri says he has movie stars, professional athletes, CEOs, millionaires and billionaires queued up to put down the required $50,000 deposit for a $300,000 Maybach. Schembri, 49, has been vice president of marketing for Mercedes-Benz USA LLC since last August. His gamble,...
Some European automakers have moved down-market to capture higher volumes. Now the pendulum is swinging the other way. Car buyers with six figures to spend will have an embarrassment of choices in the next few years, with a new parent for Rolls-Royce Motor ...
The next hurdle for Mercedes-Benz in the civil price-fixing suit filed against its U.S. sales arm will be a hearing, tentatively scheduled for Sept. 9, on a motion for class-action status. That would expand the suit to include about 100,000 Mercedes customers from...
A Justice Department probe of alleged price fixing by Mercedes-Benz USA LLC could be a bombshell for the industry - particularly if Mercedes is sanctioned for practices similar to those of other automakers. When the very successful team of Mike Jackson and Michael ...
Mercedes-Benz USA Inc. is grappling with its dealers even as it heads for its sixth straight year of record sales. The biggest complaint is that Mercedes is adding U.S. dealerships - at least 16 in the next 18 months. Dealers...
An influential US guide to residual values says the controversial new BMW 7 series will lose value faster than the Mercedes-Benz S class. Automotive Lease Guide projects the redesigned BMW flagship will be worth 48 percent of its original price in three years, compared...
Mercedes-Benz USA Inc. will add about 16 dealerships in the next 18 months, the first additions after years of pruning the dealer body, CEO Paul Halata said last week. Existing dealers will own most of the new dealerships, and most of the additions...
Dave Schembri, vice president of marketing for Mercedes-Benz USA LLC, has both the easiest and the hardest marketing job in the auto industry. Easiest, because having responsibility for the Mercedes-Benz brand is like being born on third base. And that's exactly what makes...
Mercedes-Benz USA Inc. expects another record sales year and three new models in 2002, so dealers at the Mercedes make meeting had no complaints. ``There really are no new issues. Dealers finished another record year, and we're enthusiastic about all the new product,''...
Articles 2002-02-04
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Based in the New York metro region, Jim Henry is a veteran reporter with more than 20 years experience covering the auto industry for publications such as Automotive News. He was also department manager, corporate strategy and market research, for Mercedes-Benz USA, the German automaker's U.S. sales and marketing subsidiary....
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