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9/2/20

Daimler pins profit revival on new Mercedes-Benz S-Class

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Daimler was set on Wednesday to launch the new model of its Mercedes-Benz S-Class luxury sedan, which it hopes will help return the German carmaker to profitability next year after the coronavirus pandemic slashed demand for high-end vehicles. Daimler has launched a new S-Class every seven years for decades but this year's launch of its most profitable model is particularly important for the company as it battles the fallout from the pandemic and a costly switch to electric cars. "The S-Class

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Daimler pins profit revival on new Mercedes-Benz S-Class originally appeared on Autoblog on Wed, 2 Sep 2020 08:20:00 EDT. Please see our terms for use of feeds.

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