The Mercedes - Benz GL is the largest SUV offered by
the German luxury company, and it takes square aim at the full - size premium offerings built by Detroit stalwarts such as...
Not exact matches
Other deals included the acquisition of
luxury yacht maker Privilege Marine by
German private equity firm Aurelius; Italian men's tailor brand Boglioli by Spanish private equity firm PH Asset Management; Douglas strengthened its foothold in Italy through the purchase of two perfume chains (Limoni and La Gardenia); US private investors Rob Gough acquired streetwear brand DOPE and Charles Cohen acquired shoe brand Harrys of London, whilst US private equity firm KPS Capital acquired Taylor Made Golf
Company.
In early January, the group announced that it would spin off
German sportswear brand Puma, inching the parent
company further toward becoming a pure
luxury player.
The majority of Mercedes models have stayed true to the
German company's history of building cossetting, mile - munching
luxury cars.
The
German luxury brand witnessed its strongest first quarter ever, but the boon in sales has the
company facing a shortage in inventory in the United States — a key market for the automaker.
Nissan's
luxury arm Infiniti is still a
company attempting to define itself in a market saturated by
German brands and its closest competitor, Lexus.
While it's somewhat ironic that the
company credited with inventing the very object now blamed for an impending climate crisis is now pioneering technologies for a zero - emissions future, one thing is for sure: The
German car
company makes a compelling case for EVs with a
luxury vehicle that retains many Mercedes hallmarks and does so at a competitive starting price of $ 42,375.
The
German brand is best known for its 911 and Boxster, but it's the Panamera
luxury sedan and Cayenne
luxury SUV that have broadened the
company's market so considerably.
The
company is trading at 50 % premium to
German luxury car makers such as BMW and Daimler (the maker of Mercedes cars) on the basis of enterprise value (EV) relative to EBITDA.
The
German company, for years the leading maker of imported
luxury cars, has been hit hard by the recession and the Japanese.
The changes, described as the most significant of any «facelifted» model in the
company's long history, are part of efforts to improve the traditional
luxury sedan and wagon's competitiveness in the face of stiff
German luxury - car opposition.
Despite producing some very good vehicles over the years, the
company seemed perpetually underfunded and under - recognized to be mentioned in the same breath as the
luxury German automakers it had long sought to rub fenders with.
Its competitors from the class below are catching up, and I don't think the
company is up to
German luxury standards yet.
The Lexus IS is the
luxury car
company's answer to the entry - level
German luxury sedans that have traditionally dominated the market.
Mansory, the
German company well known
company for modifying
luxury and performance cars began to offer an enhancement package for the DB9 in 2005.
Mercedes X-Class is the
company's first large scale production
luxury pickup and we reveal all its secrets, including the prices for the
German market.
German luxury auto major BMW India has launched its much - anticipated 7 Series and X1, produced at the
company's Chennai manufacturing unit.
It took the
Germans nearly three decades to develop their first
luxury car, the 501 (followed by the V -8-powered 502), also known as the «Baroque Angel,» but they sold it alongside microcars and economy cars such as the Isetta, 600, and 700 in order to stay afloat due to the financial hardship the
company experienced in the late 1950s.
According to the
German luxury car builder, «For the first time in the
company's history stretching back over 40 years, the Mercedes - Benz performance brand, AMG, is presenting a vehicle developed in - house... the super sports car serves up an exciting proposition with its unique technology package: aluminum space frame body with gull wing doors, AMG 6.3 Liter V8 front - mid engine developing a peak output of 563 HP and 479 lb - ft of torque and dry sump lubrication, seven - speed dual - clutch transmission in a transaxle configuration and sports suspension with aluminum double wishbones.
German tuning
company Brabus has laid its hands on the new S - Class and turned it into a high performance
luxury sedan.
The
German Luxury car maker is working on network expansion before the
company plans a blitzkrieg of models -LSB-...]