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Daimler buying 12% stake in Beijing Auto

Daimler and Beijing Automotive are officially going steady, with the German company set to take a 12-percent stake in the Chinese brand tomorrow. The two are already tied up in a Mercedes engine plant in Beijing, of which BAIC will increase its stake in, from 50 to 51 percent. Daimler will also get two seats on the Chinese company's board. BAIC may also gain the ability to produce cars on Mercedes-Benz platforms, according to Automotive News Europe.
The investment in BAIC comes ahead of that company's initial public offering, according to a report form Bloomberg, which indicates the deal will be inked tomorrow in the Chinese capital. According to the report, if the circumstances are right, BAIC may turn around and invest in the Germany company "soon."
It's not entirely clear just how much the 12-percent cut is costing Daimler, although it seems reasonable to assume that, as it's ahead of the IPO, the parent company of Mercedes is getting a bit of a bargain.

First official shot of Mercedes S-Class Coupe leaks out

With the official debut for the Mercedes-Benz S-Class Coupe expected tomorrow, it shouldn't be a surprise that some clicky fingers have already managed to uncover an official image of the car before the unveiling. Outside of this sole image, though, there's precious little detail on the new car.
First posted by Autofilou and then picked up by WorldCarFans, the production S-Class Coupe isn't far off from the concept car we saw a few months back in Frankfurt. Like the concept, the leggy production model appears related, albeit distantly, to the S-Class Sedan. The hood and front fascia are longer and lower, befitting of a two-door, while the character lines in the profile are more pronounced. Obviously, the beltline and slim, B-pillarless greenhouse are coupe-only items. We can't see any details on the back of the car, although it does appear that the long hood has a correspondingly short rear deck.
We'll have all the details on the official replacement for the CL-Class when it makes its full debut tomorrow. Until then, what do you think of this lone image? Does it appear that Mercedes has got it right? In terms of design, where would you rank this with the departing CL-Class? Have your say in Comments.

New Mercedes-Benz S-Class Coupe spied in revealing state of dress

During a product briefing earlier this year, Mercedes-Benz told us that 2013 would be the "year of the S-Class." Makes sense, too, since the flagship Mercedes is so very close to finally showing its production-ready face. But the high-tech saloon isn't the only S-Class to talk about this year - quite the contrary. Seen here in decidedly revealing camouflage, the new S-Class Coupe will be joining its four-door compadre in the not-too-distant future, as well.
When it launches, the S-Class Coupe will officially do away with the CL-Class nomenclature. This doesn't come as a huge shock. After all, when the new E-Class coupe and convertible were launched, it officially marked the end of the long-running CLK-Class designation.
Thanks to the interesting camouflage seen here, we have a very good glimpse at how the S-Class Coupe will look when all of the molding and swirly paper are peeled off. Rakish body lines pulled from the CLS-Class meet a much more dynamic front fascia. Out back, there are horizontal taillamps rather than the vertical units used on the current car, and the whole package seems very svelte. Our spy photographer even posits that this will be "the best-looking car from Mercedes-Benz in ages."