The Auto Channel
The Largest Independent Automotive Research Resource
The Largest Independent Automotive Research Resource
Official Website of the New Car Buyer

Mercedes Benz Moves Away from Compact Cars to Focus on Limousines and SUVs

DUBLIN, Oct. 27, 2020 -- published a new article on the automotive industry "Mercedes Benz Moves Away from Compact Cars to Focus on Limousines and SUVs"

BMW AG has reported that it generated more cash than expected last quarter. Automotive free cash flow in the three months ended in September was 3.07 billion euros ($3.6 billion) up from 714 million euros a year ago. Analysts attribute BMW's positive performance to sales growth in markets like China and Europe which recovered faster than expected combined with cost cutting measures during the quarter. The positive results mirror trends at other automakers like Daimler and Volvo Group which also posted results that exceeded analyst expectations. 

To help counter losses, Daimler also introduced cost cutting measures such as moving away from building sedans in the United States in favour of more profitable SUVs and combining its fuel cell development with Volvo Group. Daimler also intends to further cut costs and R&D spending by 20% by 2025. The move will see Mercedes Benz move away from compact cars to focus on limousines and SUVs. Mercedes Benz will also aim to double sales of high end Maybach branded cars as well as eliminating manual gearboxes and reducing the variety of combustion engines by 70% by 2030.

To see the full article and a list of related reports on the market, visit "Mercedes Benz Moves Away from Compact Cars to Focus on Limousines and SUVs"

About is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.

Research and Markets also offers Custom Research services providing focused, comprehensive and tailored research.

Media Contact:

Research and Markets
Laura Wood, Senior Manager
[email protected]

For E.S.T Office Hours Call +1-917-300-0470
For U.S./CAN Toll Free Call +1-800-526-8630
For GMT Office Hours Call +353-1-416-8900

U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716

SOURCE Research and Markets

Related Links