Latest news with #Mercedes-BenzGLC
Yahoo
24-06-2025
- Automotive
- Yahoo
Li Auto (LI) Grows 8% on New EV Launch
Li Auto Inc. (NASDAQ:LI) is one of the . Li Auto snapped a three-day losing streak on Monday, adding 7.96 percent to finish at $28.08 apiece on investor excitement amid the looming launch of its new electric SUV in China. On June 21, China's Ministry of Industry and Information Technology (MIIT) released the latest catalog of vehicle models set to be approved for sale. The list included the Li i6, Li Auto Inc.'s (NASDAQ:LI) third all-electric car, which it plans to launch in September this year. Li Auto Inc. (NASDAQ:LI) said the Li i6 is nearly 5 meters long and offers both all-wheel drive (AWD) and rear-wheel drive (RWD) variants. It would be the first vehicle model with an RWD option. A factory worker welding a car body with precision. The rear-wheel drive alone boasts a maximum power of 250 kW, while the AWD adds a 150 kW motor. The Li i6 is expected to compete with the Mercedes-Benz GLC, BMW X3, and Audi Q5. While we acknowledge the potential of LI as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock. READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
24-06-2025
- Automotive
- Yahoo
Li Auto (LI) Grows 8% on New EV Launch
Li Auto Inc. (NASDAQ:LI) is one of the . Li Auto snapped a three-day losing streak on Monday, adding 7.96 percent to finish at $28.08 apiece on investor excitement amid the looming launch of its new electric SUV in China. On June 21, China's Ministry of Industry and Information Technology (MIIT) released the latest catalog of vehicle models set to be approved for sale. The list included the Li i6, Li Auto Inc.'s (NASDAQ:LI) third all-electric car, which it plans to launch in September this year. Li Auto Inc. (NASDAQ:LI) said the Li i6 is nearly 5 meters long and offers both all-wheel drive (AWD) and rear-wheel drive (RWD) variants. It would be the first vehicle model with an RWD option. A factory worker welding a car body with precision. The rear-wheel drive alone boasts a maximum power of 250 kW, while the AWD adds a 150 kW motor. The Li i6 is expected to compete with the Mercedes-Benz GLC, BMW X3, and Audi Q5. While we acknowledge the potential of LI as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock. READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey.
Irish Post
12-06-2025
- Automotive
- Irish Post
Mercedes-Benz announced as car partner for The Traitors Ireland
MERCEDES-BENZ has been announced as the official car partner for new television series The Traitors Ireland. Filming has now wrapped on the first series, hosted by Cork-born actor and presenter Siobhán McSweeney, which is set to air on RTÉ One and RTÉ Player in the Autumn. In it, six graphite grey Mercedes-Benz GLC SUVs will be seen delivering the contestants to and from missions at the show's iconic setting of Slane Castle, Co. Meath. This week RTÉ Commercial confirmed Mercedes-Benz Ireland has partnered with the production in a sponsorship agreement will see the cars prominently featured in each episode of the series. 'When the contestants are being driven between missions, the backseat of the Mercedes-Benz GLC provides a perfect space for secret plotting and formulating new strategies,' RTÉ said in a statement. 'We are proud to be the official car partner for this exceptional TV show,' Stephanie Bell, Head of Marketing, Mercedes-Benz Ireland, said. 'This partnership reinforces Mercedes-Benz commitment to delivering unparalleled luxury, performance and brand experience, not only on a global scale, but as an integral part of Irish culture," she added. 'The iconic Mercedes-Benz star is recognised all over the world, so it is wonderful to see it featured in The Traitors Ireland'. Alex Culligan, Head of Media Sponsorship, Core Sponsorship at RTÉ, said the broadcaster "could not think of a better partner for The Traitors Ireland than the iconic Mercedes-Benz - a beacon of style and excellence for Irish consumers for generations and fitting for a venue like Slane Castle". She added: "The car is seamlessly woven through the narrative of the show, a star in its own right.' Gavin Deans, Commercial Director at RTÉ said excitement is "building" around the launch of the show. "I am delighted that Mercedes-Benz is the official car partner of The Traitors Ireland," he added. Based on the hit series that has proved successful with audiences around the world, The Traitors Ireland will feature contestants from all around the country, following a national casting call for applications last year. As presenter, McSweeney will guide viewers through the show, which sees a group of strangers arrive at a remote castle to play the ultimate game of deception, betrayal and trust, all in the hope of winning up to €50,000. But, hidden amongst them are the Traitors, who will attempt to secretly murder a player every night, without getting caught. It's up to the others, the Faithfuls, to try to detect who the Traitors are, and banish them from the game, before they become their next victim. Each day, the group embark on missions as they work together to add more money to the prize pot. For the lucky ones who survive to the end, they have the chance of winning that life-changing cash, but if a Traitor remains undetected, they'll steal all the money. See More: Mercedes-Benz, Partnership, The Traitors Ireland
Mint
12-06-2025
- Automotive
- Mint
2026 Discovery Sport showcased, gets a new variant and two new editions
Land Rover has refreshed the Discovery Sport line-up for 2025, introducing two new variants, Metropolitan and Landmark, alongside design and feature updates across the range. The changes aim to improve the practicality and appeal of the brand's SUV without straying from its core identity as a family-focused and versatile vehicle. The order books have been opened for the Discovery Sport in the UK at £45,440 (equivalent to ₹ 52.70 lakh); however, a confirmed India launch date is still awaited. In India, the Discovery Sport contends directly with rivals such as the Audi Q5, Mercedes-Benz GLC, BMW X3 and Volvo XC60. Additionally, a new Dynamic S trim of the SUV now features revised exterior detailing, new alloy wheel designs, and streamlined option packs. These packs are meant to simplify customisation for buyers, with the model continuing to offer up to seven seats and a configurable interior that supports 24 different layouts. The boot space remains generous, with a capacity of up to 1,794 litres depending on seat configuration. The Metropolitan edition, now the top-spec variant in the Discovery Sport line-up, incorporates a number of cosmetic and feature upgrades. Externally, it is marked by Atlas Silver accents, 20-inch Diamond Turned alloy wheels, and subtle design tweaks. Inside, it includes Windsor Leather upholstery, 14-way adjustable heated and cooled seats, and additional tech such as a ClearSight Rear View Mirror and Cabin Air Purification Plus. A Meridian surround sound system is also included. These additions reflect similar upgrades previously seen in the full-size Discovery Metropolitan edition and aim to provide a more premium experience within the compact SUV space. The Landmark edition references Land Rover's heritage with the reintroduction of the mountain range logo, first seen on the original 1989 Discovery. The logo appears on treadplates and as a puddle light projection. Alongside this nod to history, the Landmark trim adds practical features such as a panoramic roof, Click & Go media holders, roof rails and a Surround View Camera to support everyday usability. All variants now include standard equipment such as a digital instrument cluster, steering-mounted paddle shifters, and an 11.4-inch curved touchscreen running the latest Pivi Pro infotainment system. This system features shortcuts for common tasks and supports both Apple CarPlay and Android Auto wirelessly. The new Dynamic S variant also introduces a sportier look with 'Gloss Black' accents on the grille, wheel arches, and lower bumpers. The Discovery Sport continues to offer a mix of plug-in hybrid (PHEV) and mild hybrid petrol and diesel engines. The PHEV variant has a claimed electric-only range of up to 61 km and supports DC fast charging, allowing it to recharge from 0 to 80 per cent in around 30 minutes under ideal conditions. The mild hybrid system assists with start-stop functionality and aims to improve urban drivability and fuel efficiency. Land Rover has also expanded its accessory pack offerings with new themed options such as Beach Days, Road Trip, and Snow Days, designed for specific lifestyle needs. These join existing packs geared toward biking and pet owners.
Forbes
08-04-2025
- Automotive
- Forbes
U.S. Tariffs Might Slash European Auto Sales By 20%
Mercedes-Benz GLC (Photo by Sjoerd van) Europe's auto exports to the U.S. could fall by just over 20% or 200,000 vehicles in 2025 if the new 25% tariff lasts for the whole year, French automotive consultancy Inovev said. The new tariff started April 3. It replaces the previous tariff of 2.5%. Inovev estimated total exports last year were just over 900,000, led by the Mercedes GLC, and Volvos XC90 and XC60. Volvo is owned by Geely of China. The U.S. is Europe's biggest auto export market, followed by Turkey with just over 600,000 and China's close to 500,000. European sales to the U.S. – the EU plus the U.K., were around 970,000 in 2018, slid to just over 700,000 in 2022, and have climbed steadily since then, according to Inovev. 'The leading exporting automakers are the Germans, with 26% from Volkswagen brands, 24% from Mercedes and 10% from BMW. This is followed by the Geely Group's Volvo and Tata Group's Jaguar Land Rover with 12%,' Inovev said in a report. Land Rover Defender The X1 is BMW's top seller in the U.S., followed by the 4 Series. The new Land Rover Defender is JLR's top seller, followed by the Range Rover and Range Rover Sport. JLR announced last week it will pause shipments to the U.S. for a month, as it considers how to handle the cost of the 25% tariff. "As we work to address the new trading terms with our business partners, we are taking some short-term actions, including a shipment pause in April, as we develop our mid-to longer-term plans," JLR said in a statement. JLR sells about 100,000 vehicles a year in the U.S., its largest market. Total JLR sales are around 400,000. JLR reportedly has about two months of supply already in the U.S, which wouldn't be subject to the new tariff. Audi has also suspended U.S. shipments. In the report, Inovev pointed to the uncertain nature of the situation. 'What impact could this new additional tariff have on European exports to the USA? It will initially depend on the duration of this measure: 1 month? 1 year? More? The duration of this measure could depend on the pressure that could be exerted both by carmakers on American soil and supply chains, but also by the distributor network which risks seeing a drop in sales in the short term, in the event that there is no buying transfer to models produced on American soil,' Inovev said. BMW iX1 electric SUV (Photo by Sjoerd van) "In addition, the rate of this surcharge could also vary over time if negotiations open between the USA and Europe. If this additional tariff were to run throughout 2025 at a constant rate of 25%, Inovev estimates that exports could decrease by 200,000 compared to 2024.' If the tariff continued through 2025 or into 2026 automakers might open new factories in the U.S. or transfer European production to existing U.S. factories. VW subsidiaries Porsche and Audi could move some production to its U.S. factory in Chattanooga, Tennessee. Mercedes has a U.S. factory in Tuscaloosa, Alabama, BMW in Spartanburg, South Carolina and Volvo in Charleston, South Carolina.
