Mercedes-Benz Addresses Claims That It’s Prioritizing Cheaper Cars To Increase Sales
Mercedes-Benz just responded to reports suggesting its shift toward more affordable gasoline cars just to drive more sales. The luxury automaker stated that its long-term vision involves a transition to electric vehicles (EVs), dependent on market conditions. However, it also plans to balance this strategy by leveraging its high-end vehicle portfolio while introducing new products, including electric and hybrid models, to cater to both short-term growth opportunities and local market demands. Official Response “Our long-term strategy is to go all electric in the future where market conditions allow,” a Mercedes-Benz spokesperson told Motor1. “In the short/near term, we will leverage the strength of our top-end vehicle portfolio (TEV); and balance… Continue Reading »