Mercedes-Benz is Seen as the Favorite of Investors this Year
Presently, Mercedes-Benz is gradually gaining the confidence of investors. According to Forbes, it might overtake BMW as the favorite of premium car investors this year. The new products and improved efficiency of the company in its production facilities is what is wooing investors to shift to the three-pointed star brand. Lately, luxury car makers like Mercedes, Audi and BMW have been heavily criticized by analysts and investors alike because they are so engrossed in their bid to secure most unit sales. They say that the luxury brands’ obsession in having most sales does not necessarily translate to profitability, and this is what is troubling people who are heavily investing on them. Citing… Continue Reading »