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Auto blog
Zetsche's CEO tenure extended through 2016 at Daimler
Sun, 24 Feb 2013There 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.
2013 Mercedes-Benz SLS AMG GT Coupe
Thu, 31 Jan 2013
Mercedes-Benz upgraded its SLS flagship Coupe and Roadster for the 2013 model year, and the changes are marked with them new "GT" nomenclature. Both SLS models arrive with a retuned naturally aspired 6.2-liter V8 delivering 583 horsepower and 479 pound-feet of torque (the horses are up from 563, but the torque remains the same) mated to a revised seven-speed AMG Speedshift dual-clutch gearbox. Rounding out the mechanical upgrades is a redeveloped AMG two-mode adaptive suspension. Physically, the revised models are differentiated by their new "GT" badging, darkened headlight/taillight buckets, red brake calipers, unique wheel colors and high gloss finish on the front grille, exterior mirrors and hood/fender fins. Inside the cabin are new red seatbelts, Alcantara upholstery and contrasting red stitching.
As it is nearly impossible to experience the aluminum gullwing beast on public roads, Mercedes invited out to Southern California's Willow Springs to wring out the 2013 SLS GT Coupe on a racing circuit.
Promo video shows what the Mercedes G500 4x4 can do
Tue, Feb 24 2015The Mercedes-Benz G500 4x42 is still nominally a show car, but it they're not treating it like one. They've provided their usual video follow-up to the press release and still photo launch, and they've made enough of the beasts to hold a press launch in Granada, Spain. It's even got AMG's brand new twin-turbo V8 engine in it, one that gets the 6,000-pound truck from 0-62 miles per hour in about 6.5 seconds. The only thing it needs to be a going concern is license plates; we guarantee it's not waiting on customers. Autocar could be jumping the gun, but they say it's expected to go on sale later this year for a price in excess of 200,000 pounds ($308,770 US) in the UK. Above is the promotional video, below is footage from GT Spirit from the press launch – notice how the G63 AMG in the background looks, shall we say, pedestrian. We're going to be crawling all over this truck at the Geneva Motor Show, and if we can find the keys, we might even drive it over the other show cars and out the door... or the nearest wall. This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings.