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Next Mercedes-Benz GLK to get AMG variant? Not likely...

If you think Mercedes-Benz will slap an AMG badge on anything with wheels, think again. Word has it the German manufacturer will not offer buyers a performance version of the GLK, with Tobias Moers, director of AMG vehicle development, saying that he doesn't see a market for the car. That's not to say the picture won't change in the near future, however. According to CarAdvice.com, AMG is keeping a close eye on the arrival of the Porsche Macan.
"Maybe there will be a change in the market when the Porsche [Macan] comes up," Moers said, "but right now, no."
The real hitch in the giddy-up seems to be cost. Moers says developing the machine into something worthy of an AMG would represent "a huge investment." We can't exactly argue with that. Fortunately, AMG buyers have plenty of Mercedes-Benz models to choose from.

Mercedes considering convertible SUV

Mercedes has been focusing a lot of attention lately on revitalizing and expanding its crossover and SUV lineup. So what's next for high-riding Benzes? It could be a convertible. According to Daimler's sport-ute and sports car chief Wolf-Dieter Kurz, the company is closely considering a drop-top SUV of some sort. "We will find a market," Kurz told the Australian website CarAdvice. The trouble is that "the convertible is a very slim niche in terms of the SUV portfolio." The biggest problem could be China, where luxury SUVs remain hugely popular – but where convertibles, by and large, are not. "There are lots of discussions," said Kurz, "but we didn't have any decision yet." The last time Mercedes offered a convertible SUV was with the short-wheelbase version of the Gelandewagen, pictured above. It was available (in some markets anyway) for 34 long years as part of the G-Class lineup, but was discontinued in 2013. That left the Jeep Wrangler and Land Rover Discovery as the only convertible SUVs to speak of currently available. Nissan tried its hand with the Murano CrossCabriolet, but that was phased out as well, while Land Rover prepares to take another stab at it with the upcoming Evoque convertible. It'd be interesting to see what approach Mercedes might take, and where it would position the model. Related Video:

Mercedes-Benz to boost stake in Aston Martin to 20%, lend it some tech

Daimler unit Mercedes-Benz is to lift its stake in Britain's Aston Martin to up to 20% by 2023, making it one of the struggling British carmaker's largest shareholders, Aston said on Tuesday. Aston Martin, popular for being James Bond's carmaker of choice, has suffered a torrid time since it went public two years ago, with its shares losing two-thirds of their value this year. The 107-year-old firm hired Tobias Moers, former CEO of Mercedes-AMG, as its new boss from August. Aston said the increase in Mercedes-Benz's stake, from 2.6% currently, would take place in several stages as part of a wider issue of 250 million shares at 50 pence each. The stock issued to the German group will have a maximum value of 286 million pounds ($372.7 million), it said. The deal will see an existing supply agreement between the two firms, in place since 2013, expanded to give Aston Martin access to key Mercedes' technology, including hybrid and electric drive systems. "We take another major step forward as our long-term partnership with Mercedes-Benz AG moves to another level, with them becoming one of the company's largest shareholders," said Aston's chairman and biggest shareholder Lawrence Stroll. The German firm will get the right to nominate one non-executive director to Aston Martin's board after its first shareholding increase, the London-listed firm said. Aston, which has started deliveries of its first sport utility vehicle, the DBX, said on Tuesday it swung into an adjusted core loss of 29 million pounds in the third quarter, versus a profit of 43 million pounds last year. Revenue in the period nearly halved to 124 million pounds, it said. Aston Martin is targeting annual capex of 250 million pounds to 300 million pounds per year between 2021 and 2025. It envisages production volumes of about 10,000 units, revenues of about 2 billion pounds and adjusted core profit of 500 million pounds by financial years 2024 or 2025.