2011 Mercedes Benz C300 on 2040-cars

Auto blog

Zetsche's CEO tenure extended through 2016 at Daimler

There appear to be two takes on Daimler CEO Dieter Zetsche having his contract extended for three more years, to 2016. A report in The Detroit News quotes the chairman of Daimler's supervisory board, Manfred Bischoff, talking up the stability at the top, "With today's extensions of the contracts of Dieter Zetsche and Thomas Weber, we are maintaining the important continuity at the top executive level." Bischoff also stated that that Zetsche has a plan to "further enhance Daimler's overall performance."
Over at Reuters, though, the three-year extension was seen as a lack of complete confidence in Zetsche's plans, since his contract was supposedly meant to be extended by five years. A spokesman said the board decided to extend executive contracts by only three years if the person was 60 or would turn 60 during the contract, but that was news to observers. Zetsche wants to make Mercedes-Benz the top selling luxury manufacturer globally by 2020, but has fallen to third place behind Audi and BMW. It hasn't held the top spot 2005, and investors judged it valued at half that of BMW at the end of 2012 once Daimler's truck business was subtracted.
Analysts cites the fact that Daimler stock hasn't bested its rivals but twice in twelve years, and that the company revised its profit target downward last year by nearly one billion euros, warning of stagnant earnings this year and will miss its original margin target for 2013.

Mercedes spotted prepping new S63 AMG Cabrio

If the market for convertibles is on the decline, nobody seems to have told the fellas over at Mercedes-Benz. The German automaker keeps adding more droptops to its lineup, and soon it will have one more on its hands in the form of the new S-Class Cabriolet. And here we have photos of the new flagship cabrio getting ready for its big debut – but not in just any old form. This would appear to be the new S63 AMG convertible. As the S-Class Coupe is already out there in various states of tune, we're not expecting any major surprises from the new convertible. Look for a folding fabric roof mechanism to open up a spacious four-seat cabin. A car with which Benz can attack the likes of the Bentley Continental GTC especially, but also the Maserati GranTurismo Convertible, Aston Martin DB9 Volante, and the upcoming Rolls-Royce Dawn (the drophead version of the Wraith). The AMG version ought to help that effort even more, complete with Affalterbach's 5.5-liter twin-turbo V8, fully expected to pack the same 577 horsepower and 664 pound-feet of torque as the other S63 models. We're anticipating Daimler to take the wraps off the S-Class cabrio at the upcoming Frankfurt Motor Show, but we'll have to wait to see if the AMG version appears alongside it or follows at some later date. Related Video:

Mercedes considering GLA-based crossover coupe

BMW opened a whole Pandora's Box when it introduced the X6 back in 2008. Sure it made little sense, sacrificing all that "utility" for a little more "sport," but it's been a solid success for BMW - especially considering the nominal expense it cost to develop the X6 on top of the X5 on which it's based. Little wonder that, while BMW has already followed up with a smaller version in the form of the X4, other automakers are starting to catch up. And that includes Mercedes-Benz.
The German automaker is preparing to launch a new MLC, based on the M-Class but with a sportier silhouette, and previewed it with the Concept Coupe SUV at the Beijing Motor Show. But that's just the start, according to the latest report from Automotive News Europe.
Mercedes is reportedly considering spinning off an entire line of crossovers more for use on the road than off it. Which may go without saying for most crossovers on the market, but considering the Geländwagen with which Mercedes got its start in SUVs, would mean an even further departure than it has undertaken already.