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Trading Ideas

Mercedes-Benz poised to clinch premium sales crown for 2019

Daimler sold 2.34 million Mercedes-Benz passenger cars in 2019 for a ninth consecutive year of record sales, it said on Thursday, putting the German carmaker in pole position to retain the title of biggest-selling premium car brand. Stuttgart-based Daimler claimed it had retained the title of best-selling luxury car brand. As a carmaking group, BMW sold 2.52 million vehicles last year to beat Daimler’s 2.46 million Mercedes-Benz and Smart vehicles over the same period. …read more […]

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Business News

Exclusive: India reviewing anti-trust complaint against Maruti Suzuki over car insurance – sources

India’s antitrust regulator is looking into allegations that Maruti Suzuki , the country’s biggest car maker, pushes buyers to purchase insurance policies offered by the company, two sources with direct knowledge of the matter told Reuters.

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