2008 Mercedes-benz Cl600 Titanium Grey W Black Exclusive Leather 70000 Miles on 2040-cars

Auto blog

BMW negotiates Daimler alliance, buys out car-service partner Sixt

Sixt sells its stake in DriveNow car-sharing to BMW BMW in talks with Daimler to combine car-sharing Combining car-sharing business to aid robotaxi plans FRANKFURT — Germany's BMW has bought out partner Sixt from their joint venture DriveNow, paving the way for a broader car-sharing and driverless taxi alliance with Daimler to compete against Uber and Lyft. Car rental company Sixt said on Monday it would generate an extraordinary pre-tax profit of about 200 million euros ($248 million) in 2018 from the sale of the DriveNow stake to BMW for 209 million euros. "With DriveNow as a wholly-owned subsidiary, we have all options for continued strategic development of our services," said Peter Schwarzenbauer, BMW's board member for Digital Business Innovation. "Our experience with mobility services supports our development of future autonomous, electrified and connected fleets," he said, adding that BMW aims to have 100 million customers for "premium mobility services" by 2025. The Sixt deal comes as BMW moves closer to a deal to combine its car-sharing services with Daimler's Car2Go, a person familiar with the discussions told Reuters last week. The German carmakers want to build a joint business that includes car sharing, ride-hailing, electric vehicle charging, and digital parking services, a senior executive at one of the companies said on Monday. Mercedes-Benz parent Daimler and BMW declined comment on the status of potential talks on their car-sharing business. "This is speculation, we do not comment," BMW said. The senior executive, who declined to be named because the plan is not public, said: "This will create an ecosystem which can also be used for managing robotaxi (driverless taxi) fleets." BMW would contribute its ParkNow and ChargeNow businesses to the common company, the executive said, adding that there were still differences of opinion over the valuation of Car2Go. The market for ride-hailing services currently makes up around 33 percent of the global taxi market, and could grow eightfold to $285 billion by 2030, once autonomous robotaxis are in operation, Goldman Sachs said in a recent research note. BMW and Daimler are now working on developing autonomous cars, vehicles which could enable them to up-end the market for taxi and ride-hailing services.

Autoblog Minute: Volvo, Mercedes, Google back autonomous tech

Self-driving cars could make our commutes a breeze but what happens when something goes wrong? Three industry leaders step up with an answer. Autoblog's Adam Morath reports on this edition of Autoblog Minute, with commentary from Pete Bigelow. Show full video transcript text [00:00:00] Self-driving cars could make our commutes a breeze but what happens when something goes wrong? Three industry leaders step up with an answer. I'm Adam Morath and this is your Autoblog Minute. Volvo, Mercedes and Google have all come forward to say that in the event of a systems failure of one of their autonomous vehicles, they would be willing to accept full liability. For more we go to Autoblog's Pete Bigelow: [00:00:30] - [00:01:00] [00:01:30] [Pete Bigelow Interview] With Volvo setting the precedent we'll see how the rest of the industry responds. For Autoblog, I'm Adam Morath. Autoblog Minute is a short-form video news series reporting on all things automotive. Each segment offers a quick and clear picture of what's happening in the automotive industry from the perspective of Autoblog's expert editorial staff, auto executives, and industry professionals.

2016 Mercedes C-Class Coupe offers S-Class style on a budget

This is the new Mercedes-Benz C-Class Coupe and it's the new best-looking vehicle in the small, luxury, sport coupe market. Bold praise, you say? Well, check out the live photos up top and let us know if you still disagree. As previously mentioned, the C-Class Coupe uses the same tactic as its four-door brother, aping the look of the flagship S-Class, but on a smaller, far more affordable scale. That means the same bold but sophisticated front fascia, slim, horizontally oriented taillights, and strong character line as the S-Class Coupe. It's a similar deal in the cabin, where Mercedes stuck with the aluminum and leather-heavy styling of the S-Class. It's a handsome cockpit for sure, complete with a meaty, flat-bottomed steering wheel and prominent display atop the dash. Although like its big brother, those backseats are there more for show than anything else, thanks to that plunging, fastback-like roofline. Expect the engine options on the C-Class Coupe to mirror those on the four-door sedan, with a base 2.0-liter, turbocharged four-cylinder, a twin-turbocharged V6, and eventually, a range-topping, fire-breathing C63 AMG. You can guess which one we're most eager to drive. Rear-wheel drive should be standard, although expect Mercedes' popular 4Matic all-wheel-drive system to be a popular option. Seven-speed automatic transmissions should be the order of the day, while the C63 will get some incarnation of the brand's AMG Speedshift line. As we suggested at the beginning of this story, you should check out our full gallery of photos direct from the floor of the 2015 Frankfurt Motor Show.