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2016 Mercedes GLE Coupe priced from $66,025

The folks at Mercedes-Benz are really keeping busy this year with the launch of a host of new products. Among them are a slate of crossovers, including the GLC and GLE-Class. While pricing for those two have already been revealed, the company has finally decided to spill the beans about the cost for the more rakish GLE Coupe. The 362-horepower, 2016 GLE450 AMG Coupe runs $66,025 after the obligatory $925 destination charge on all of MB's vehicles for the model year. That model comes with all-wheel drive, a nine-speed automatic, plus a heap of luxurious standard features. If you want more power, the 577-hp Mercedes-AMG GLE63 S costs $110,225 and includes a more aggressive exterior and Nappa leather interior. Both versions of the German brand's fastback, four-door CUVs arrive at dealers in August. If you're interested, Autoblog has already published full driving impressions for the whole GLE-Class family. While the GLE Coupe is among the newest members of the Mercedes lineup, the G-Class, one of the company's oldest, is seeing some improvements, too. The G550 for $120,825 now benefits from the C63 AMG-derived 4.0-liter V8 making 416 hp and 450 lb-ft, which are gains of 34 hp and 59 lb-ft over the outgoing V8. The SUV also gets styling tweaks, like revised bumpers and larger fender flares. Meanwhile, the G63 AMG offers 563 hp and 560 lb-ft of torque (an extra 27 hp but the same torque as before) for $140,825. The 621-hp G65 AMG tops the range for $218,825. MERCEDES-BENZ ANNOUNCES ADDITIONAL 2016 MODEL YEAR PRICING AND PRODUCT UPDATES The unprecedented product offensive continues with a host of exciting new models August 04, 2015 - ATLANTA, Ga. -- Mercedes-Benz USA today announced pricing and product information for the GLC, G-Class, GLE (ML facelift), C450 AMG 4MATIC sedan, and GLE Coupe. This follows the 2016 Mercedes-Benz pricing and model year changes already announced in mid-June 2015. Arriving in dealerships in November 2015, the all-new GLC300 and GLC300 4MATIC represent a compelling new entry in a thriving SUV segment. With a starting MSRP of $38,950*(2WD) and $40,950* (4MATIC) respectively, the all-new GLC features a powerful 2.0 liter turbocharged inline 4 cylinder engine that generates 241hp and 273lb-ft of torque and a new 9-speed automatic transmission.

Mercedes' CEO says Google should study car use, not car building

Google is rapidly throwing its massive weight into many facets of the auto business. Not only does the search behemoth want to take on Uber, offer car insurance quotes and run a specific version of Android on future infotainment systems, but the company is also at least toying with the idea of constructing its own completely autonomous vehicles. Such a powerful corporation entering the industry could frighten some automakers, but Daimler boss Dieter Zetsche isn't worried. The mustachioed executive doesn't believe that Google actually means to become an automaker but is instead just studying how people use cars. "Google and the likes want to get involved, I don't think in the first place to build vehicles," he told analysts, according to Reuters. Zetsche sees future collaboration with the technology giant in a quite nuanced way in that there are some things they can be partners on and other places where the two corporations might be competitors. One area where Zetsche potentially predicts an antagonistic relationship with Google regards data privacy, a concern is becoming a hot topic in the auto industry at the moment. Zetsche foresees the future of safety in Mercedes-Benz vehicles as protecting occupants not just physically but also safeguarding their personal information. "To be able to provide that, we have to keep control, and we can't do that when it is collected by Google," Zetsche said to Reuters. News Source: ReutersImage Credit: Gero Breloer / AP Photo Mercedes-Benz Technology Emerging Technologies Infotainment Autonomous Vehicles

Daimler rebuffs Geely offer to buy stake

HONG KONG/BEIJING - Daimler AG has turned down an offer from China's Geely to take a stake of up to 5 percent via a discounted share placement, as the German automaker has long been reluctant to see existing shareholdings diluted, sources with knowledge of the talks said. A stake of that size would be worth $4.5 billion at current market prices. Although Daimler declined the offer, it told Geely it was welcome to buy shares in the open market, the sources added. Carmakers in China have embarked on a flurry of dealmaking, as they scramble to boost production of electric and plug-in hybrid vehicles ahead of tough new quotas to be imposed by Beijing, which wants to reduce urban smog and lower the country's reliance on oil. People with knowledge of Geely's thinking said the company was keen to access Daimler's electric car battery technology and wanted to establish an electric car joint venture in Wuhan, the capital of Hubei province. Geely, which also owns Swedish car maker Volvo, is still hopeful it can secure a deal in some form over the coming weeks, they added. The two automakers met in Beijing in recent weeks at Geely's behest. There, the Chinese firm, formally known as Zhejiang Geely Holding Group, offered to take a stake of between 3 percent and 5 percent if Daimler would issue new shares at a discount, the sources said. It was not immediately clear what kind of discount for the shares Geely had in mind or whether Geely was interested in buying the shares on the open market. A spokesman for Geely declined to comment. A spokesman for Daimler said the company was "very happy with our shareholder structure at present", but added that it would welcome new investors with a long-term interest in the company. Shares in Daimler were up 1 percent in early Wednesday trade, in line with the broader market.DAIMLER ALREADY TIED TO BAIC, BYD Geely, which has a market value of some $32 billion, is the leading domestic brand in China with a 5 percent market share, according to an analysis by Nomura Securities. A stake of 5 percent would establish it as Daimler's third-largest shareholder behind the Kuwait Investment Authority and BlackRock, who hold 6.8 percent and 6 percent respectively, according to Reuters data.