DC Will Hit The G-Spot

Stuttgart, Germany -- Bloomberg reported in a story that DaimlerChrysler AG, the No. 5 carmaker, plans to introduce the Mercedes-Benz G-Class off-road vehicle in the U.S. this fall to capitalize on the popularity of the M-Class sport-utility vehicle.

The G-Class is made by Steyr-Daimler-Puch AG in Austria under license for Mercedes-Benz. The company has made 150,000 of the vehicles in 22 years of production and will build about 6,000 this year. A fully equipped G-Class will have a suggested retail price of $72,500 in the U.S., the company said.

The G-Class predates the boom in sport-utility vehicles of last 10 years. Originally designed as an off-road competitor to the Range Rover, the company has moved the vehicle up-market beginning in 1990 with the introduction of a luxury model.

Since its introduction, the G-Class "has developed into a cult car," said Helmut Petri, head of production of Mercedes-Benz cars, in a faxed statement.

The company has sold both the M-class and G-class in Europe. The M-class is built both in Tuscaloosa, Alabama, and under license in Graz, Austria. The M-Class has a suggested retail price of $36,445 in the U.S. Mercedes-Benz says it's sold 319,000 of the M-Class since its introduction in 1997.

DaimlerChrysler shares fell as much 1.52 euros, or 3 percent, to 48.88 euros in Frankfurt. The U.S. shares fell 71 cents to $45.09.

-->

Home | Buyers Guides By Make | New Car Buyers Guide | Used Car Super Search | Total New Car Costs | Car Reviews Truck Reviews
Automotive News | TACH-TV | Media Library | Discount Auto Parts

Copyright © 1996-2014 The Auto Channel. Contact Information, Credits, and Terms of Use. These following titles and media identification are Trademarks owned by The Auto Channel, LLC and have been in continuous use since 1987 : The Auto Channel, Auto Channel and TACH all have been in continuous use world wide since 1987, in Print, TV, Radio, Home Video, Newsletters, On-line, and other interactive media; all rights are reserved and infringement will be acted upon with force.

Privacy Statement | Size Does Matter | Media Kit | XML SITE MAP | Affiliates

Send your questions, comments, and suggestions to Editor-in-Chief@theautochannel.com.

Submit Company releases or Product News stories to submit@theautochannel.com.
Place copy in body of email, NO attachments please.

To report errors and other problems with this page, please use this form.

Link to this page: http://www.theautochannel.com/