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2016 Mercedes GLE Coupe priced from $66,025

The folks at Mercedes-Benz are really keeping busy this year with the launch of a host of new products. Among them are a slate of crossovers, including the GLC and GLE-Class. While pricing for those two have already been revealed, the company has finally decided to spill the beans about the cost for the more rakish GLE Coupe. The 362-horepower, 2016 GLE450 AMG Coupe runs $66,025 after the obligatory $925 destination charge on all of MB's vehicles for the model year. That model comes with all-wheel drive, a nine-speed automatic, plus a heap of luxurious standard features. If you want more power, the 577-hp Mercedes-AMG GLE63 S costs $110,225 and includes a more aggressive exterior and Nappa leather interior. Both versions of the German brand's fastback, four-door CUVs arrive at dealers in August. If you're interested, Autoblog has already published full driving impressions for the whole GLE-Class family. While the GLE Coupe is among the newest members of the Mercedes lineup, the G-Class, one of the company's oldest, is seeing some improvements, too. The G550 for $120,825 now benefits from the C63 AMG-derived 4.0-liter V8 making 416 hp and 450 lb-ft, which are gains of 34 hp and 59 lb-ft over the outgoing V8. The SUV also gets styling tweaks, like revised bumpers and larger fender flares. Meanwhile, the G63 AMG offers 563 hp and 560 lb-ft of torque (an extra 27 hp but the same torque as before) for $140,825. The 621-hp G65 AMG tops the range for $218,825. MERCEDES-BENZ ANNOUNCES ADDITIONAL 2016 MODEL YEAR PRICING AND PRODUCT UPDATES The unprecedented product offensive continues with a host of exciting new models August 04, 2015 - ATLANTA, Ga. -- Mercedes-Benz USA today announced pricing and product information for the GLC, G-Class, GLE (ML facelift), C450 AMG 4MATIC sedan, and GLE Coupe. This follows the 2016 Mercedes-Benz pricing and model year changes already announced in mid-June 2015. Arriving in dealerships in November 2015, the all-new GLC300 and GLC300 4MATIC represent a compelling new entry in a thriving SUV segment. With a starting MSRP of $38,950*(2WD) and $40,950* (4MATIC) respectively, the all-new GLC features a powerful 2.0 liter turbocharged inline 4 cylinder engine that generates 241hp and 273lb-ft of torque and a new 9-speed automatic transmission.

Race recap: 2016 Monaco Grand Prix gets very wet, a little wild

More than at any other race, the Monaco Grand Prix question is: which combination of demolition derby, Safety Cars, and bad pit strategy will decide the podium? Last year Lewis Hamilton's late, confounding pit stop cost him victory. The year before, Nico Rosberg's qualifying "mistake" put him on pole and Mercedes-AMG Petronas' pit strategy sealed his win – good for Nico, bad for Hamilton and the rest of the field. In 2013 Hamilton dropped from second to fourth when he lollygagged in the pits. In all three years, Rosberg won. The new X factor for 2016: a Red Bull resurgence that helped Daniel Ricciardo clinch his first career pole. Nevertheless, bad pit strategy had its say in the results. Ricciardo built up a 13-second lead by Lap 15 in spite of heavy rains that forced the Safety Car to lead the first eight laps of the race. Ricciardo stopped on Lap 23 to switch to intermediate tires for the drying track, ceding the lead to Hamilton. Hamilton pitted from the lead on Lap 31 for softs, then Red Bull pulled Ricciardo in again on Lap 32 and made a snap decision to put him on ultra softs, but the tires weren't ready when Ricciardo reached his pit box. What should have been a three-second pit stop turned into a 13.6-second pit stop. Ricciardo left the pits as Hamilton came down the straight and the Aussie lost the lead into the first corner. Despite two attempts to pass later in the race, Hamilton finished first, the Aussie second. It's the second race in a row where pit strategy cost Ricciardo a near-certain win. Conversely, Force India nailed both tire strategy and pit timing with Sergio Perez. The Mexican started in eighth but got into third before half the race was done, passing four cars in the pits, and finished on the podium's final step. Otherwise the order barely changed from about half distance, with Ferrari driver Sebatian Vettel in fourth, followed by Fernando Alonso in the McLaren, Nico Hulkenberg in the second Force India, Rosberg in the second Mercedes, Carlos Sainz for Toro Rosso, Jenson Button in the second McLaren, and Felipe Massa taking the final point for tenth for Williams. Storms didn't only hover over the area, though – dark clouds hung around several teams and drivers. Mercedes' reliability is no longer so reliable. The Silver Arrows suffered engine issues on both cars in qualifying, and Hamilton's problem almost kept him from setting a time in Q3.

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.