1978 Mercedes Convertible With Leather Interior on 2040-cars

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Daimler, Toyota, BMW to lead $10-billion hydrogen investment

Daimler, BMW, and Toyota are leading a group of 13 companies pledging to invest more than $10 billion during the next five years to spur enough infrastructure-building and technology advancements to get more of the general public to buy hydrogen fuel-cell vehicles. The automakers, which also include Honda and Hyundai, as well as companies such as Shell, AirLiquide, Linde Group, and Total SA, are part of what they're calling the Hydrogen Council. The group made its announcement in Davos, Switzerland, on Tuesday. The Hydrogen Council will pledge to accelerate its rate of hydrogen-related investments, which currently stand at about $1.5 billion annually. The coalition says its work represents a continuation of the 2015 Paris Agreement, in which many of the companies agreed to address the issue of climate change. The group says that hydrogen, which emits water vapor when used in fuel-cell vehicles, "can play an important role in the transition to a clean, low-carbon, energy system." The Hydrogen Council also vowed to push global governments to accelerate public investment in hydrogen-related infrastructure. Relative to other drivetrain technologies, hydrogen fuel-cell vehicles are in their relative infancy in terms of adoption because of the high cost of both building fuel cell vehicles and setting up a hydrogen-refueling infrastructure. Toyota is the only automaker that sells a production fuel-cell vehicle in the US. The Japanese company, which introduced its Mirai domestically in late 2015, sold 1,034 of them in the US last year. Daimler subsidiary, Mercedes-Benz, used Tuesday's announcement to remind people that it would start selling its GLC plug-in hydrogen fuel-cell crossover this year. There are only 33 publicly accessible hydrogen refueling stations in the US, including 30 in California, and one each in Connecticut, Massachusetts, and South Carolina, according to the US Department of Energy. By comparison, there are more than 15,000 electric-vehicle charging stations with almost 40,000 outlets in the US. Related Video: Featured Gallery 2017 Mercedes-AMG GLC43 News Source: Daimler/Hydrogen Council via Bloomberg, Automotive News-sub.req. Green BMW Honda Hyundai Mercedes-Benz Toyota Hydrogen Cars infrastructure mercedes f-cell

2017 Mercedes-Benz C300 Coupe Quick Spin

Now that Mercedes has completed its rollout of four-door C-Class variants, it's time to subtract two doors and get down to the business of sport. The sedan smashed the entry-level luxury paradigm by being good enough to (maybe) keep you from aspiring to an S-Class. The C Coupe, on the other hand, wants to keep you from looking sideways, to certain BMW and Audi competitors. Driving Notes An obvious feature it shares with the sedan is its sense of maturity. The sheetmetal and proportions convey gravitas. The long-hood-into-short-tail that is The Mercedes Way gets another handsome showing here. There's an additional 2.4 inches between the bulkhead and the front axle – although to our eye that trim, curt rear end is overwhelmed by the visual weight of the rest of the car. It looks better on the AMG C63, where flared wheel arches put more emphasis in back. The front and rear of the coupe are altered from the sedan design. The crease under the headlights curves down into the lower intakes forming a continuous design element to the bottom of the curved lower lip. In back, the minimal taillights of the sedan get stretched across the fenders and the wider, straighter trunk of the coupe. The two-door is 1.5 inches lower than the sedan. Although the they share the same width, the coupe looks wider from the rear. Other markets will get a choice of four gasoline and two diesel engines. In the United States, we'll get the rear-wheel-drive C300 next spring with its 241 horsepower and 273 pound-feet of torque, same as in the sedan, with a seven-speed automatic transmission. After that will come a 4Matic version, and in summer comes the AMG C63. Mercedes hasn't broached the subject yet but our market should follow the sedan route, skipping the standard C400 to get the C450 AMG 4Matic with 362 hp and 384 lb-ft. At some point in the undisclosed future, the coupe will be upgraded to the nine-speed automatic. The interior is a delight, but that's what we're used to here – the materials look and feel excellent. The COMAND screen placement is still a hot-button issue, and we think the bezel-to-screen ratio is out of whack. Buyers don't seem to care. This year, the C-Class is just a couple thousand units behind the barn-busting 2013 numbers. In spite of the additional swoopiness versus the previous coupe, the larger size means larger interior dimensions everywhere – trunk space grows by 20 percent.

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.