TOPIC

/ company

Mercedes-Benz

Mercedes-Benz is part of German manufacturer Daimler AG, and the brand is used for luxury automobiles, buses, coaches, and trucks. The name first appeared in 1926 under Daimler-Benz but traces its origins to Daimler's 1901 Mercedes and to Karl Benz's 1886 Benz Patent Motorwagen, widely regarded as the first automobile.

Chairman / President

Ola Källenius

CEO / Managing Director

Ola Källenius

CFO / Finance Director

Harald Wilhelm

Industry

Automotive

Website

mercedes-benz.com

Headquarters address

Mercedesstraße 120, 70372 Stuttgart, Germany

Stock Code

FWB:MBG

Year founded

1926

Mergers & Acquisitions

Mercedes-Benz buys US$191 million stake in Chinese autonomous driving developer

The German carmaker obtains a 3 per cent stake in Chongqing Qianli Technology.

25 Dec 2025 - 9:00PM

Artificial intelligence

ByteDance AI model usage grows over tenfold on strong demand from Chinese firms

18 Dec 2025 - 8:56PM

Electric & new energy vehicles

High-end car sales sink in China as cheaper brands trump European marques

14 Dec 2025 - 3:22PM

China-EU relations

China leans on German carmakers to help break Brussels tariff deadlock

Commerce vice-minister urges German industry leaders to leverage their clout to push the European Commission towards a compromise on the anti-subsidy probe.

8 Dec 2025 - 8:58PM

Labourers work on an assembly line at a factory in Chongqing, China, in May. Beijing has pressed German carmakers to help resolve disputes over the European Union’s anti-subsidy tariffs on Chinese electric vehicles. Photo: EPA-EFE

Formula One (F1)

F1 title race blown open after Verstappen win, Norris, Piastri disqualification

McLaren boss apologises to drivers over car infringement; Red Bull driver’s win narrows gap in drivers’ championship with two rounds left.

23 Nov 2025 - 8:21PM

Semiconductors

How Nexperia saga exposes Europe’s waning influence in US-China chip war

The dispute around the Dutch chipmaker shows the erosion of Europe’s geopolitical neutrality in the face of escalating US-China rivalry.

15 Nov 2025 - 11:00AM

Artificial intelligence

Tesla, Volvo and Mercedes-Benz win China’s approval to deploy AI chatbots in cars

China has approved the first foreign carmakers to roll out in-vehicle AI assistants, opening the door for wider adoption.

13 Nov 2025 - 7:26PM

Domestic brands have been rushing to register their own AI services to gain a competitive edge over foreign brands. Photo: Handout

Electric & new energy vehicles

China’s car industry preps for next-level self-driving: Hesai

Use of advanced hardware will pick up next year, with some carmakers already adopting it to ‘pre-empt rivals’, CFO says.

13 Nov 2025 - 8:30AM

Accidents and personal safety

Hong Kong filmmaker Peter Chan escapes injury after crashing luxury SUV

Chan’s Mercedes-Benz G-Class SUV collided into roadside railings in Deep Water Bay when he reportedly swerved to avoid a dog.

11 Nov 2025 - 7:48PMvideocam

Formula One (F1)

US Grand Prix: Verstappen cruises to victory, cuts chunk out of F1 lead

Red Bull’s four-time world champion led from pole position to chequered flag to finish 7.959 seconds clear of title-chasing Lando Norris.

20 Oct 2025 - 6:16AM

Red Bull driver Max Verstappen of Team Netherlands raises his trophy after winning the 2025 US Grand Prix at Circuit of The Americas in Austin, Texas on Sunday. Photo: Jerome Miron-Imagn Images

Style Edit

Style Edit: How Tommy Hilfiger built an affordable luxury empire

The American designer discusses his brand’s global success, its ‘classic with a twist’ aesthetic, and a lifelong passion for motorsports.

17 Oct 2025 - 10:00AM

American designer Tommy Hilfiger is celebrating the 40th anniversary of his eponymous label. Photo: Handout

China-EU relations

As China’s EV boom makes the EU anxious, is it too late to work together?

Decades after their first joint venture, EU carmakers fear losing their markets to China’s upstarts. Is it too late for them to work together?

15 Oct 2025 - 11:25AMvideocam

Trending in China

China camper van man leaves vehicle for strangers to use, creates viral ‘car relay’

‘Idealistic’ motorhome owner hands over keys after running checks on person taking wheel; act of kindness faces mixed reaction on social media.

10 Oct 2025 - 6:00PM

China-EU relations

Why new EU steel tariffs to curb Chinese imports are giving carmakers a headache

Proposal to cut tariff-free quotas, double duties for imported steel triggers sell-off in Europe’s auto stocks, complaints from industry group.

9 Oct 2025 - 11:46PMvideocam

German Chancellor Friedrich Merz (left) is introduced to a BMW iX3 car by BMW CEO Oliver Zipse (centre) at a motor show in Munich. European auto manufacturers have been hit hard by EU steel tariffs. Photo: AFP

Formula One (F1)

F1: Russell wins in Singapore, McLaren seal constructors’ title

George Russell holds off Max Verstappen and Lando Norris, with Oscar Piastri in fourth.

5 Oct 2025 - 10:10PM

Mercedes’ George Russell climbs out of his car after winning the Singapore Grand Prix. Photo: Reuters

International Property

The rise of branded residences and why Hong Kong is an outlier

Hong Kong remains relatively untouched by the branded residences model, largely because of the strength of established local developers.

5 Oct 2025 - 9:30AM

China-EU relations

Car trade in reverse as Germany’s deficit with China jumps 143%

Carmakers from the EU’s biggest economy suffer decline in Chinese market while China’s models boom in Europe.

25 Sep 2025 - 10:59AMvideocam

Artificial intelligence

Tesla upgrades EV voice assistant system with AI from DeepSeek and ByteDance

DeepSeek’s namesake chatbot and ByteDance’s Doubao AI model are expected to help Tesla better engage with EV buyers in China.

23 Aug 2025 - 7:23AM

Visitors check out a Tesla electric vehicle on display at the third China International Supply Chain Expo in Beijing on July 16, 2025. Photo: EPA

Malaysia

Is Malaysia’s EV boom a cybersecurity risk?

A new report says the industry’s shift towards software-dependent vehicles is creating new vulnerabilities for hackers to exploit.

30 Jul 2025 - 3:24PM

India

Electric avenue: Tesla unveils first India showroom

While few Indians will be able to afford one, the opening is less about selling and more about building Tesla’s brand, analyst says.

15 Jul 2025 - 12:06PMvideocam

Accidents and personal safety

Driver escapes injury after Mercedes flips over on Hong Kong’s Tsing Ma Bridge

Car overturns on Tsing Yi-bound carriageway of the bridge, a major route connecting the airport and Lantau Island to the urban centre.

13 Jul 2025 - 4:22PM

A Mercedes-Benz has overturned on Lantau Link’s Tsing Ma Bridge. Photo: handout

Formula One (F1)

Russell plagued by rumours rival Verstappen is replacing him ahead of home GP

Victory at Silverstone for George Russell could open door for Red Bull rival to replace him at Mercedes.

3 Jul 2025 - 11:00PM

Mercedes’ British driver George Russell signs autographs at the Red Bull Ring race track in Spielberg, ahead of the Austrian Grand Prix. Photo: AFP

China technology

From Cambridge to Suzhou: a Chinese AI start-up’s journey to unicorn status

For AI Speech, swapping Britain for bustling Suzhou was key to propelling the company to a billion-dollar valuation.

28 Jun 2025 - 5:00PMvideocam

English Premier League

5 bad teams more likely to taste success by 2028 than Manchester United

Red Devils CEO Omar Berrada claims the club’s men and women could both win their respective leagues in 2028 – no, seriously.

18 Jun 2025 - 12:30PM

India

Tesla’s India entry appears in doubt after minister questions intent

Heavy industries minister says Tesla is ‘more interested’ in establishing showrooms and ‘not interested’ in manufacturing in India.

6 Jun 2025 - 9:00PMvideocam

Tesla electric vehicles are parked in a Tesla dealer in New Jersey. India has taken notable steps to court Tesla, such as slashing tariffs on luxury vehicles priced above US$40,000. Photo: Reuters

Electric & new energy vehicles

Chinese lidar maker Hesai zeroes in on Southeast Asia for first overseas plant

Construction on the plant will start later this year and production in late 2026, CFO Andrew Fan says.

30 May 2025 - 7:35PM

Lidar sensor maker Hesai Group’s headquarters in Shanghai. Photo: Reuters

SCMP Highlights

70,000 vehicles recalled in China, Geely offers to buy Zeekr: 7 EV reads

From different battery tech pitted against each other to a drop in Tesla’s China deliveries, here are seven EV stories you may have missed.

14 May 2025 - 3:00PM

United States

On Balance | How Trump’s erratic tariffs could crash his US car production goals

While levies may prompt some foreign carmakers to start scaling up US-based production, many see a market plagued by uncertainty and risk.

12 May 2025 - 8:30PM

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Mercedes-Benz

Mercedes-Benz buys US$191 million stake in Chinese autonomous driving developer

The German carmaker obtains a 3 per cent stake in Chongqing Qianli Technology.

ByteDance AI model usage grows over tenfold on strong demand from Chinese firms

High-end car sales sink in China as cheaper brands trump European marques

China leans on German carmakers to help break Brussels tariff deadlock

Commerce vice-minister urges German industry leaders to leverage their clout to push the European Commission towards a compromise on the anti-subsidy probe.

F1 title race blown open after Verstappen win, Norris, Piastri disqualification

McLaren boss apologises to drivers over car infringement; Red Bull driver’s win narrows gap in drivers’ championship with two rounds left.

How Nexperia saga exposes Europe’s waning influence in US-China chip war

The dispute around the Dutch chipmaker shows the erosion of Europe’s geopolitical neutrality in the face of escalating US-China rivalry.

Tesla, Volvo and Mercedes-Benz win China’s approval to deploy AI chatbots in cars

China has approved the first foreign carmakers to roll out in-vehicle AI assistants, opening the door for wider adoption.

China’s car industry preps for next-level self-driving: Hesai

Use of advanced hardware will pick up next year, with some carmakers already adopting it to ‘pre-empt rivals’, CFO says.

Hong Kong filmmaker Peter Chan escapes injury after crashing luxury SUV

Chan’s Mercedes-Benz G-Class SUV collided into roadside railings in Deep Water Bay when he reportedly swerved to avoid a dog.

US Grand Prix: Verstappen cruises to victory, cuts chunk out of F1 lead

Red Bull’s four-time world champion led from pole position to chequered flag to finish 7.959 seconds clear of title-chasing Lando Norris.

Style Edit: How Tommy Hilfiger built an affordable luxury empire

The American designer discusses his brand’s global success, its ‘classic with a twist’ aesthetic, and a lifelong passion for motorsports.

As China’s EV boom makes the EU anxious, is it too late to work together?

Decades after their first joint venture, EU carmakers fear losing their markets to China’s upstarts. Is it too late for them to work together?

China camper van man leaves vehicle for strangers to use, creates viral ‘car relay’

‘Idealistic’ motorhome owner hands over keys after running checks on person taking wheel; act of kindness faces mixed reaction on social media.

Why new EU steel tariffs to curb Chinese imports are giving carmakers a headache

Proposal to cut tariff-free quotas, double duties for imported steel triggers sell-off in Europe’s auto stocks, complaints from industry group.

F1: Russell wins in Singapore, McLaren seal constructors’ title

George Russell holds off Max Verstappen and Lando Norris, with Oscar Piastri in fourth.

The rise of branded residences and why Hong Kong is an outlier

Hong Kong remains relatively untouched by the branded residences model, largely because of the strength of established local developers.

Car trade in reverse as Germany’s deficit with China jumps 143%

Carmakers from the EU’s biggest economy suffer decline in Chinese market while China’s models boom in Europe.

Tesla upgrades EV voice assistant system with AI from DeepSeek and ByteDance

DeepSeek’s namesake chatbot and ByteDance’s Doubao AI model are expected to help Tesla better engage with EV buyers in China.

Is Malaysia’s EV boom a cybersecurity risk?

A new report says the industry’s shift towards software-dependent vehicles is creating new vulnerabilities for hackers to exploit.

Electric avenue: Tesla unveils first India showroom

While few Indians will be able to afford one, the opening is less about selling and more about building Tesla’s brand, analyst says.

Driver escapes injury after Mercedes flips over on Hong Kong’s Tsing Ma Bridge

Car overturns on Tsing Yi-bound carriageway of the bridge, a major route connecting the airport and Lantau Island to the urban centre.

Russell plagued by rumours rival Verstappen is replacing him ahead of home GP

Victory at Silverstone for George Russell could open door for Red Bull rival to replace him at Mercedes.

From Cambridge to Suzhou: a Chinese AI start-up’s journey to unicorn status

For AI Speech, swapping Britain for bustling Suzhou was key to propelling the company to a billion-dollar valuation.

5 bad teams more likely to taste success by 2028 than Manchester United

Red Devils CEO Omar Berrada claims the club’s men and women could both win their respective leagues in 2028 – no, seriously.

Tesla’s India entry appears in doubt after minister questions intent

Heavy industries minister says Tesla is ‘more interested’ in establishing showrooms and ‘not interested’ in manufacturing in India.

Chinese lidar maker Hesai zeroes in on Southeast Asia for first overseas plant

Construction on the plant will start later this year and production in late 2026, CFO Andrew Fan says.

70,000 vehicles recalled in China, Geely offers to buy Zeekr: 7 EV reads

From different battery tech pitted against each other to a drop in Tesla’s China deliveries, here are seven EV stories you may have missed.

.css-1m2rp1p{color:#34b8b5;}On Balance | How Trump’s erratic tariffs could crash his US car production goals

While levies may prompt some foreign carmakers to start scaling up US-based production, many see a market plagued by uncertainty and risk.

On Balance | How Trump’s erratic tariffs could crash his US car production goals