Mercedes-Benz

See the Future at GTC 2024: NVIDIA’s Jensen Huang to Unveil Latest Breakthroughs in Accelerated Computing, Generative AI and Robotics

Retrieved on: 
Tuesday, February 20, 2024
Face, Research, Generative, GTC, Organization, Policy, Telecommunications, Micrometre, SAP Center, Robotics, Student, Head, Health, Transport, Johnson & Johnson, Cohere, HPE, European, ServiceNow, Ecosystem, Cloud computing, Congress, Machine learning, Agriculture, HAI, Biology, Microsoft, JPMorgan Chase, Pixar, DeepMind, Netflix, Amgen, Mistral, Walt Disney Animation Studios, Learning, Physics, Meta, Mercedes-Benz, Foundation models, Dell Technologies, The Walt Disney Company, Knowledge, Goldman Sachs, Snowflake, Boston Dynamics, NVIDIA, Adobe, Second Continental Congress, AI, SAP, Symbiodinium, Polestar 3, Stanford University, Getty Images, Databricks, Deep learning, Volvo, ILM, Medical device

NVIDIA founder and CEO Jensen Huang will deliver the keynote from the SAP Center on Monday, March 18, at 1 p.m. Pacific time.

Key Points: 
  • NVIDIA founder and CEO Jensen Huang will deliver the keynote from the SAP Center on Monday, March 18, at 1 p.m. Pacific time.
  • Since Huang first highlighted machine learning in his 2014 GTC keynote , NVIDIA has been at the forefront of the AI revolution.
  • “Generative AI has moved to center stage as governments, industries and organizations everywhere look to harness its transformative capabilities,” Huang said.
  • From generative AI to robotics to automotive, GTC attendees can interact with dozens of state-of-the-art demos, see the latest autonomous vehicle technology and explore how generative AI will impact virtually every industry.

Mercedes-Benz Financial Services Canada Corporation appoints Brian Stevens as new President and CEO

Retrieved on: 
Tuesday, March 5, 2024
Professional Services, Automotive, Automotive Manufacturing, Other Automotive, Manufacturing, Finance, CFO, CPA, Structured finance, Multimedia, Joint venture, Athlon, Digital, Mercedes-Benz Group, Comptroller, MBM, EQ, Mercedes-Benz, Ernst & Young, Mercedes-Benz Bank, Duke University, Benelux, LLP, Mobility, Controller, Mercedes-Benz Mobility, Insurance, FREE, Grand Valley State University, DCS

Mercedes-Benz Financial Services Canada Corporation (MBFS), a leading automotive financial services provider and a Mercedes-Benz Mobility AG (MBM) company, is pleased to announce the appointment of Brian Stevens as its new President and CEO as of the fourth quarter 2023.

Key Points: 
  • Mercedes-Benz Financial Services Canada Corporation (MBFS), a leading automotive financial services provider and a Mercedes-Benz Mobility AG (MBM) company, is pleased to announce the appointment of Brian Stevens as its new President and CEO as of the fourth quarter 2023.
  • View the full release here: https://www.businesswire.com/news/home/20240304532618/en/
    Brian Stevens, President and CEO, Mercedes-Benz Financial Services Canada Corporation (Photo: Business Wire)
    In this role, he will lead the Canadian operations of MBM in succession of James Ryan, who was appointed CEO of Mercedes-Benz Financial Services BeNeLux, leading MBM operations in the Belgium, Netherlands and Luxembourg markets, last year.
  • "Brian brings more than a decade of experience with the Canadian market following his successful tenure as Chief Financial Officer of MBM NA.
  • Mercedes-Benz Financial Services Canada at a glance:
    Mercedes-Benz Financial Services Canada Corporation, located in Mississauga, Ontario, supports the sales efforts of Mercedes-Benz passenger cars and vans in Canada by offering premier financial services to retail customers and the dealer network.

Infiniti Dealers Ranked Highest in Auto Industry Study Measuring Responsiveness to Website Customers

Retrieved on: 
Monday, March 4, 2024
Technology, Other Communications, Automotive, General Automotive, Communications, Telecommunications, Professional Services, Supply Chain Management, Retail, Other Professional Services, Lucid, Land Rover, Multimedia, ILE, Alfa Romeo, Car dealership, Telephone, Ram, Fiat, Dodge, Volvo, Pied Piper of Hamelin, Mitsubishi Group, Ford, Mercedes-Benz, Volkswagen, Jeep, Piper, Porsche, Kia, Hyundai, Automotive industry

Infiniti dealerships were ranked highest according to the 2024 Pied Piper PSI® Internet Lead Effectiveness® (ILE®) Study, which measured responsiveness to customer internet leads coming though dealership websites.

Key Points: 
  • Infiniti dealerships were ranked highest according to the 2024 Pied Piper PSI® Internet Lead Effectiveness® (ILE®) Study, which measured responsiveness to customer internet leads coming though dealership websites.
  • Pied Piper then evaluated how the dealerships responded by email, telephone, and text message over the next 24 hours.
  • In this year’s study, 34% of automotive dealerships scored above 80 (providing a quick and thorough personal response), while 21% scored below 40 (failing to personally respond to their website customers).
  • Brands with the greatest improvement were Dodge, Genesis, Honda, Kia, and Infiniti, all of whom improved their scores more than six points since last year’s study.

SIXT Grows by 18% to Record Revenue in 2023 and Achieves Second-Best Result in the Company’s History

Retrieved on: 
Friday, March 1, 2024
Public Transport, Trucking, EV, Electric Vehicles, Automotive, Air, Transport, Transportation, Logistics, Supply Chain Management, Travel, Fleet Management, CFO, Acquisition, Sustainability, Annual general meeting, BBB, OEM, Supervisory board, Pressure, NBA, Investment, Marketing, Growth, Airport, Sale, COVID-19, Elli, BMW, S&P, EUR, Los Angeles Lakers, DriveNow, Mercedes-Benz, Consolidated, Mini, CO2, Stellantis, Tax, Politics, EBT, Annual, Corporation, Environment, Depreciation, Car rental

SIXT continued its growth trajectory in 2023 and achieved record revenue for the second year in a row.

Key Points: 
  • SIXT continued its growth trajectory in 2023 and achieved record revenue for the second year in a row.
  • We reached our ambitious goals in 2023, both in terms of our business figures and implementation of our strategy.
  • SIXT assumes that without these two effects relating to e-mobility, the last financial year would have closed with EBT above the record year 2022.
  • In 2023, SIXT continued to consistently drive the implementation of its EXPECT BETTER strategy forward and invested heavily in growth and quality.

Mercedes-Benz HPC North America Welcomes Seasoned Executives to Transform the EV Charging Experience

Retrieved on: 
Tuesday, February 27, 2024
General Automotive, Transportation, Automotive Manufacturing, EV, Electric Vehicles, Other Energy, Utilities, Travel, Manufacturing, Other Transport, Automotive, Energy, Transport, Other Automotive, Other Manufacturing, BP, Marketing, J.D. Power, Multimedia, Waldorf Astoria New York, Ford Motor Company, Nate, Mercedes-Benz Group, Communication, Mercedes-Benz USA, Anupa, MN8, Operation, Information technology, Mercedes-Benz, Organization, Ferrari, Volta Charging, Map, Electrify America, Partnership, Car dealership

Mercedes-Benz HPC North America, a partnership between the Mercedes-Benz Group and MN8 Energy, announced today the appointments of top-level executives to lead the development and operations of its premium network of EV charging stations.

Key Points: 
  • Mercedes-Benz HPC North America, a partnership between the Mercedes-Benz Group and MN8 Energy, announced today the appointments of top-level executives to lead the development and operations of its premium network of EV charging stations.
  • View the full release here: https://www.businesswire.com/news/home/20240226680260/en/
    Anupa Charles-Pierre, Vice President of Marketing & Communication, Mercedes-Benz HPC North America (Photo: Business Wire)
    This comes months after announcing the launch of the EV charging network, inaugurated at the first charging hub in Sandy Springs, Georgia.
  • With decades of collective experience in the EV sector, luxury brands, and customer experience, the new hires reinforce Mercedes-Benz’s and MN8 Energy’s commitment to innovation and delivering an unparalleled, premium charging experience.
  • Mercedes-Benz HPC North America, in partnership with MN8 Charging, is responsible for the development and operation of the Mercedes-Benz charging network in North America, helping realize the next, essential step forward in Mercedes-Benz’s electrification strategy: expansion of the overall North American EV charging map to help propel EV adoption to the next levels.

Sila Launches New Educational Programs in Moses Lake, Investing $2 Million in Local Workforce Development

Retrieved on: 
Thursday, February 22, 2024
Technology, Public Policy, Government, Automotive, Other Energy, Alternative Vehicles, Fuels, Vehicle Technology, Energy, Chemicals, Plastics, White House, Federal Government, Automotive Manufacturing, Training, State, Local, Nanotechnology, Manufacturing, Education, Batteries, EV, Electric Vehicles, Titan, Multimedia, Silicon, Growth, MESC, Curriculum, Communication, Quality control, Safety, Mercedes-Benz, Certification, Automation, Big Bend Community College, Science, Workforce, Superintendent, DOE, Environment, Operation, Software, Student, Management

Sila, a next-generation battery materials company, announced today its new plan for workforce development through a first-of-its-kind education program geared towards training the future battery workforce in Moses Lake, Washington.

Key Points: 
  • Sila, a next-generation battery materials company, announced today its new plan for workforce development through a first-of-its-kind education program geared towards training the future battery workforce in Moses Lake, Washington.
  • The program–focused on providing hands-on training for technical, mechanical, electrical, and software skills–will prepare students for new employment opportunities at its silicon anode manufacturing plant, Sila Moses Lake.
  • Sila will provide each school one million dollars to offset the cost of equipment and curriculum development.
  • At full capacity, Sila expects to have up to 500 full-time employees and produce enough material for 1 million cars a year at this location.

Upstart Delivers Reservation and Deposit System for New Kia EV9 SUV

Retrieved on: 
Wednesday, February 21, 2024
Technology, Automotive, General Automotive, Electronic Commerce, Software, Internet, Retail, Artificial Intelligence, Online Retail, Subaru of America, EV9, Artificial intelligence, Original equipment manufacturer, Acura, Mitsubishi Group, Mercedes-Benz, Volkswagen, Lexus

Upstart (NASDAQ: UPST), the leading artificial intelligence (AI) lending marketplace, today announced that Kia used Upstart Auto Retail Build & Price Reservations as the exclusive reservation and deposit system for the launch of the new Kia EV9 SUV in the United States.

Key Points: 
  • Upstart (NASDAQ: UPST), the leading artificial intelligence (AI) lending marketplace, today announced that Kia used Upstart Auto Retail Build & Price Reservations as the exclusive reservation and deposit system for the launch of the new Kia EV9 SUV in the United States.
  • In addition to reserving and placing a deposit on an EV9 directly from a dealer’s website, Upstart Build & Price Reservations allowed customers to choose the trim, colors, and optional packages they wanted included with their vehicle.
  • Kia dealers with the full Upstart Auto Retail solution can provide an end-to-end car-buying experience for the EV9, from online reservation through to vehicle pickup, including financing.
  • Upstart Auto Retail has been a certified provider in the Kia Digital Certified Solutions program since December 2020.

Mercedes-Benz Group 2023 Results*: Cash Generation at Work

Retrieved on: 
Thursday, February 22, 2024
Alternative Vehicles, Fuels, EV, Electric Vehicles, Vehicle Technology, Automotive, General Automotive, Automotive Manufacturing, Manufacturing, Recreational Vehicles, Performance & Special Interest, Off-Road Trucks & SUVs, Acquisition, Share repurchase, XEV, Supervisory board, BEV, DPS, Research and development, Investment, Management, Plant, Sale, Earnings per share, Mercedes-Benz Group, NMC, Conference, Earnings, LFP, MMA, CCR, European, PP, PP&E, Mercedes-Benz, Equity, CO2, KPI, Policy, Car, Uncertainty, EPS, Mercedes-Benz Mobility, Annual, Vans, Research, Environment, Pressure, CLA, Automotive industry

Any future free cash flow from the industrial business as available (post potential small-scale M&A) beyond the approx.

Key Points: 
  • Any future free cash flow from the industrial business as available (post potential small-scale M&A) beyond the approx.
  • 40 percent dividend payout ratio of Group Net Income, shall be used to fund share buybacks with the purpose of redeeming shares.
  • Group Free Cash Flow of the Industrial Business is seen slightly below the very strong levels from 2023, due to lower EBIT at Cars and Vans and lower CCR at Vans.
  • Link to capital market presentation on full year 2023: group.mercedes-benz.com/results-2023
    Pictures of the Annual Results Conference 2023 will be available here: group-media.mercedes-benz.com
    Further information on Mercedes-Benz Group AG is available at:

BYD Set to Challenge Tesla for the Crown in EV Sales in 2024, Says TrendForce

Retrieved on: 
Tuesday, February 20, 2024
Semiconductor, Alternative Energy, Energy, Green Technology, Manufacturing, Sustainability, Alternative Vehicles, Fuels, Technology, EV, Electric Vehicles, Environment, Other Manufacturing, Automotive, Software, Networks, Other Energy, Aion, KIA, Bev, NEVS, PHEV, BEV, Pressure, News, SUV, Growth, Table, GM, BYD, Blog, BMW, SAIC, Vacuum breaker, Mercedes-Benz, NEV, Car, Volkswagen, Jeep, GAC, Volvo, Hyundai, Automotive industry

TrendForce further notes that China remains the largest market for NEVs, commanding about 60% of the global market share.

Key Points: 
  • TrendForce further notes that China remains the largest market for NEVs, commanding about 60% of the global market share.
  • However, growth is slowing down due to a high base effect, and limited sales growth in other regions cannot compensate for the gap left by the Chinese market.
  • In 2023, Tesla continues to lead BEV rankings with a 19.9% market share, closely followed by BYD, which narrowed the sales gap with Tesla to 248,000 units.
  • TrendForce believes that BYD has the potential to challenge Tesla’s dominance in the BEV market this year.

The future of automotive retail arrives in Canada at Mercedes-Benz Kelowna

Retrieved on: 
Friday, March 8, 2024
EVS, Formula One, EV, Woman, Architecture, Big Brothers Big Sisters, Corporate social responsibility, Mercedes-Benz, Q&A, International Women's Day, Formula Three, Partnership, Car dealership

A new design concept showcasing Mercedes-Benz's vision for the future of automotive retail makes its Canadian debut at Mercedes-Benz Kelowna.

Key Points: 
  • A new design concept showcasing Mercedes-Benz's vision for the future of automotive retail makes its Canadian debut at Mercedes-Benz Kelowna.
  • KELOWNA, BC, March 8, 2024 /CNW/ - The new Mercedes-Benz concept for automotive retail makes its Canadian debut at Mercedes-Benz Kelowna.
  • The team at Mercedes-Benz Kelowna has invested in the future of automotive retail and enhanced the dealership experience for our customers in the process.
  • "Our team at Mercedes-Benz Kelowna put in a lot of hard work to bring this new retail concept to Canada.