Tag: New Vehicles in U.S.

Mercedes-Benz released its earnings for the first quarter on Friday, beating its figures for the same period in 2022. The German luxury automaker's revenue was primarily boosted by its rise in electric vehicle sales. The company posted global revenue of 37.5 billion euros ($41.27 billion),...

The average price of new vehicles has fallen below the manufacturer's suggested retail price (MSRP) for the first time in 20 months, data published by automotive research company Kelley Blue Book has indicated. While vehicle prices surged following pandemic-driven supply chain bottlenecks and surging...

Mercedes-Benz announced its final sales figures for 2022 on Tuesday. The company revealed that it delivered 2.05 million passenger cars over the course of the year, down 1% from 2021. Aside from the marginal year-on-year decline, the auto manufacturer experienced a strong end to 2022...

According to experts, the cost of buying a new vehicle in the United States is about to hit an all-time high in June. This is a result of high demand for new cars and increased cost of making them due to shortage of materials...