1979 Mercedes Cd 300 Diesel Coupe No Reserve on 2040-cars

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Daimler buying 12% stake in Beijing Auto

Daimler and Beijing Automotive are officially going steady, with the German company set to take a 12-percent stake in the Chinese brand tomorrow. The two are already tied up in a Mercedes engine plant in Beijing, of which BAIC will increase its stake in, from 50 to 51 percent. Daimler will also get two seats on the Chinese company's board. BAIC may also gain the ability to produce cars on Mercedes-Benz platforms, according to Automotive News Europe.
The investment in BAIC comes ahead of that company's initial public offering, according to a report form Bloomberg, which indicates the deal will be inked tomorrow in the Chinese capital. According to the report, if the circumstances are right, BAIC may turn around and invest in the Germany company "soon."
It's not entirely clear just how much the 12-percent cut is costing Daimler, although it seems reasonable to assume that, as it's ahead of the IPO, the parent company of Mercedes is getting a bit of a bargain.

Mercedes-Benz S-Class spied once again

As evidenced by how little camouflage the next-generation Mercedes-Benz S-Class has been caught wearing lately, it can't be too much longer until the car will get its official debut. In our newest shots of the yacht-sized luxo sedan, the cladding still covers up the headlights, front fascia and most of the rear end, but we finally have an almost undisguised look at the rest of the car's lines.
Considering previous spy shots had more camo that better (or fully) concealed the S-Class' body, some of the more obvious things we see in these images include the prominent grille, the CLS-Class-inspired bodyside creases, the pointed trunk opening and, most interestingly, a lack of fancy exhaust outlets. Unlike other S-Class prototypes we've seen, this car does not have integrated outlets, but it does have two pipes on the left side of the car. All current S-Class models in the US and Europe feature a dual exhaust layout on each side of the car, so while some of our questions about the car get answered, it would appear that more are just arising.

X1, 3 Series power BMW back into global luxury autos sales lead

BMW managed to eke ahead of Audi for the global luxury sales crown in February. According to Bloomberg, BMW saw deliveries swell by 7 percent in February, besting the 3.2 percent jump enjoyed by Audi and giving BMW a 407-unit delivery lead over its rival last month. Mercedes-Benz, meanwhile, continued to falter, with the brand selling some 37,229 fewer machines than BMW, whose factories are running at full capacity to keep up with demand. Models like the X1 (shown above) enjoyed a sales increase of 40 percent in February while the company's bread-and-butter 3 Series jumped by 26 percent.
Mercedes-Benz hopes to stem its continued market share loss with the addition of the entry-level CLA sedan to its portfolio in April. The company is set to roll out an updated version of its cash-cow E-Class at the same time, and a new-generation S-Class will follow along shortly thereafter. Meanwhile, the company is increasing production to meet demand for its A and B-Class models.