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Maybach lost upwards of $500k on each vehicle sold

Daimler is shuttering Maybach in 2013 after seven years of production. In that time, the company's ultra-ultra-luxury arm managed to sell just 3,000 units, and CAR reports Daimler lost somewhere around $500,000 on each and every one of them.
Even with a ludicrous price tag of over $370,000 for an "entry" Maybach 57, the brand couldn't quite recoup the dizzying $1.33 billion Daimler poured into it since its (re)inception. Rumors ignited over a possible tie up with Aston Martin that would have resulted in a range of new and attractive models, but Daimler has instead decided to snuff out Maybach altogether.
We can hardly blame them.

Mercedes SL backs into Ferrari 458 Speciale while parking

There are a lot of people with the money to buy nice cars, but an absolute inability to drive them. And that's how this Mercedes-Benz SL ended up beached on the nose of a Ferrari 458 Speciale. It happened at a Virginia cars and coffee event, and that inability to drive we mention doesn't refer to the poor Ferrari owner. According to the YouTube description, the driver of the 380SL was attempting to parallel park when she landed on top of the hot 458. But since the video doesn't start until the Benz has landed, we only have the video uploader's word. But don't click away yet – the Ferrari's owner returned to the scene. Despite a hint of adult language, he's far more calm than we would be in that situation. That doesn't mean he's not angry, decrying the crash as "the dumbest thing I've ever seen." We agree, especially when you notice space between the 458 Speciale and the Nissan 300ZX in front of it. This was by no means a tight or difficult place to park, even without George Constanza's god-given parallel parking skills. Even a semi-competent driver could have maneuvered a vehicle far larger than a 15-foot-long roadster between the two cars with room to spare. Related Video: News Source: Media Gamut Motoring via YouTube Ferrari Mercedes-Benz Convertible Coupe Luxury Performance Videos mercedes sl-class cars and coffee

Mercedes previews GLC ahead of June 17 reveal

Mercedes has confirmed that it will unveil its new GLC crossover on June 17, releasing this preview sketch and a few details to give us an idea of what to expect. Set to replace the outgoing GLK, the GLC will slot in between the GLA and GLE (nee M-Class) in the Silver Star automaker's growing sport-ute lineup. Its nameplate shifts to better align with the C-Class sedan and the SLC roadster that's set to replace the SLK. The crossover's design was previewed in slant-back form as the Concept GLC Coupe in Shanghai a couple of months ago, but as you can see from this sketch, it'll initially come with a more conventional roofline. In announcing the livestream of its reveal, Daimler revealed that the GLC will feature a multi-chamber air suspension, Dynamic Select transmission control, and 4Matic all-wheel drive. It also promises to consume 19 percent less fuel than the GLK it replaces. World Premiere Mercedes-Benz GLC With the introduction of the new GLC on June 17th, Mercedes-Benz presents the second generation of its mid-range SUV. The GLC retains its predecessor's outstanding off-road characteristics and combines them with an all-new design. What is more, the GLC takes comfort and agility to a whole new level: With the innovative multi-chamber air suspension AIR BODY CONTROL, unique to the segment, DYNAMIC SELECT and the 4MATIC permanent all-wheel drive, the new GLC is tailor-made for all driving situations on and off the road. State-of-the-art assistance systems and improved energy efficiency further support the new GLC's claim of setting a new benchmark in this segment. Compared to its predecessor, fuel consumption was lowered by up to 19%.