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ICE-Loving Luxury Buyers Are Forcing Mercedes To Spend More On Gas Engines

Carscoops

Mercedes’ wealthy buyers’ love for combustion engines is forcing the automaker to spend more on ICE development. Rich customers in China think gas-powered cars are more prestigious than EV equivalents. And it’s the automaker’s wealthiest customers that are forcing the change.

Buyer 128
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Maserati readies hardcore MC20 for 2024 Monterey Car Week

Motor Authority

The car has been developed using lessons learned from Maserati's MC20-based GT2 race car, but will remain civil enough to drive on the street. Maserati also said buyers will have a wide range of customization options, though didn't.

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Porsche still pulling new buyers with electric Taycan

CarExpert

The Porsche Taycan continues to bring first-time customers of the German brand into Australian showrooms, the company’s local arm says. “With the introduction of our new all-electric Macan, we anticipate attracting a diverse range of customers, both existing Porsche owners and those new to the brand.”

Buyer 115
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Mercedes Backs AMG’s 4-Cylinder PHEVs, Says It’ll Take Time To Convince Buyers

Carscoops

The head of Mercedes-Benz Australia says customers will be convinced by the extra performance. “Slowly that will develop and I don’t feel at all any reservations,” he said. But the market developed and the market changed,” he noted. liter PHEV of the C 63 S and GLC 63 S delivers 671 hp and 752 lb-ft.

Buyer 116
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The Number Of Car Buyers Paying Over MSRP Has Plummeted

Carscoops

The number of mainstream buyers paying over sticker has dropped 7% in the past year. Power , overall customer satisfaction with purchasing a vehicle climbed from a score of 793 last year to 801 in 2024. More: Study Finds 25% Of Car Buyers Won’t Return To Dealership That Charged Above MSRP So what’s behind the improvement?

MSRP 98
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VW Profits Tank 42% Amid “Industry-Wide Buyer Reluctance” To EVs

Carscoops

” The Group’s EV push has also stalled as the automaker confirmed “industry-wide buyer reluctance” to electric vehicles. Despite these positive developments, things won’t get better overnight and deep cuts are coming. This highlights the urgent need for significant cost reductions and efficiency gains.”

Buyer 116
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Angry Radford Buyers Say They Paid Big Deposits But Got No Cars Or Refunds

Carscoops

Despite ongoing lawsuits, Radford Motors insists it remains committed to producing the Type 62-2 for customers. Another prospective customer is also suing Radford. ” Anstead maintains that the company remains committed to developing, building, and delivering the Type 62-2 to customers.

Buyer 124