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Maybach lost upwards of $500k on each vehicle sold

Daimler is shuttering Maybach in 2013 after seven years of production. In that time, the company's ultra-ultra-luxury arm managed to sell just 3,000 units, and CAR reports Daimler lost somewhere around $500,000 on each and every one of them.
Even with a ludicrous price tag of over $370,000 for an "entry" Maybach 57, the brand couldn't quite recoup the dizzying $1.33 billion Daimler poured into it since its (re)inception. Rumors ignited over a possible tie up with Aston Martin that would have resulted in a range of new and attractive models, but Daimler has instead decided to snuff out Maybach altogether.
We can hardly blame them.

Mercedes-AMG GT S pit against Porsche 911 Turbo in Evo Deadly Rivals test

When Mercedes-Benz announced that its all-new AMG GT would start at $129,900 deeply undercutting the $200,000-plus of its predecessor, the SLS AMG, immediate questions focused on how it'd stack up against the latest crop of high performers that occupy the mid-$100,000 range. Evo, over in the UK, didn't have to wait all that long. The latest installment in the outlet's "Deadly Rivals" series compares the AMG GT with the latest Porsche 911 Turbo. On paper, the test is sure to be interesting. The Mercedes uses a 4.0-liter, twin-turbocharged V8 with 503 horsepower and 479 pound-feet of torque, while a seven-speed AMG Speedshift dual-clutch shuffles power to the back axle. The 911 Turbo's formula is more of a known quantity – 520 hp from a twin-turbo, 3.8-liter flat six with the company's own PDK working in unison with all-wheel drive, torque vectoring and rear-axle steering. Of course, we're not going to spoil the results for you. Take a look at the video up top, and let us know what you think of Evo's latest track battle.

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.