Mercedes Benz attained a net profit of 4.0 billion Euros in 2020

Mercedes Benz net profit 2020

Mercedes Benz has released its report for the fiscal year 2020 which ended on December 31, 2020. While companies were losing their net profit due to the outbreak of the COVID 19 virus, Mercedes Benz was gaining some net profit although the sales dropped a bit. The company’s total unit sales of passenger cars and commercial vehicles decreased by 15%, to 2.84 million (2019: 3.34 million). The revenue was at 154.3 billion Euros (2019: 172.7 billion), which was a reduction of 11% due to the pandemic.   EBIT of the…

Mercedes Benz produces the 50 millionth passenger car and its a Maybach S-Class

Mercedes Benz produces the 50 millionth passenger car and its a Maybach S-Class

The first new Mercedes-Maybach S-Class from factory 56 is also the 50-millionth car from Mercedes-Benz to roll off the line in the global production network.  A total of 50 million vehicles of the Mercedes-Benz and smart brands have been produced in the highest precision and top quality over the past 75 years.   This luxury sedan will in the future feature the EQS. It will be recalled that the 2021 Maybach S-Class received a full makeover. Read about the full review of the 2021 Mercedes-Maybach S-Class in Nigeria.

Mercedes-Benz trucks get a female director

Mercedes-Benz trucks get a female director

Rådström most recently has been responsible for sale and marketing at Scania a member of the executive board has also taken up a position as a Member of the Board of Management Daimler Truck AG. Daimler Truck AG is the division responsible for the production of Mercedes-Benz Trucks. Rådström succeeds Stefan Buchner, who retired in October 2020.  This goes a long way to confirm that what a man can do, a woman can do better. According to Martin Daum, Chairman of the Board of Management Daimler Truck AG and member…

Lamborghini delivers 7,430 cars and six new product launch in 2020

Lamborghini delivers 7,430 cars and six new product launch in 2020

  2020 was a challenging year for every creature. Automobili Lamborghini closed the year with the delivery of 7,430 cars worldwide. This is a 9 percent decrease compared to the previous year. Bentley had an increase in car sales in 2020.  The slight decrease is attributed to the 70-day production shutdown in the spring, in compliance with Italian government directives and to protect the health workers during the first emergency phase.   The United States was confirmed as the top market with 2,224 cars, followed by Germany 607 cars, Mainland…

Bentley delivers 11,206 cars in 2020

Bentley sales 11,206 cars in 2020

 Bentley announced a total sales of 11,206 cars in 2020, this is an increase of two percent over 2019. It would be recalled that Bentley’s production was shut down for seven weeks beginning in March, and running at a 50 percent output for a further nine weeks thereafter, as social distancing measures were introduced.   The American region delivered 3,035 cars, an increase of four percent on the corresponding figure for 2019, 2,913. This placed the region as Bentley’s number one market, this strong performance was boosted by the introduction…