The Latest Breaking News from Ola Källenius

Europe's automakers unveiled a big electric push at IAA Munich. Behind the scenes, many are fighting to save gas and diesel engines ahead of a 2035 EU ban.

Even though the G-Class nameplate is nearly 50 years old, it remains one of Mercedes-Benz’s most iconic vehicles. Now, the German automaker is looking to build on that legacy with a new model—unofficially dubbed the “Baby G”—set to arrive sometime in the next year.

It was only a few days ago that Audi announced plans to continue producing gas-powered cars longer than initially intended, and now its long-time rival, Mercedes, is essentially saying the same thing. Head honcho Ola Källenius admitted the Stuttgart-based automaker has had to make a “course correction” and retain internal…

The new Mercedes CLA compact sedan can drive up to 792 kilometers in one go and recharge nearly half its battery in 10 minutes. It even has a frunk.

Most car companies have not yet gotten the hang of software. Use the central stack in a modern Volkswagen, Honda, Audi or Mercedes and you’ll find it’s a far cry from smartphone-grade tech.

In the auto world—like in just about every other industry—”AI” is the buzzword of the day. Car companies have been touting new and upcoming artificial intelligence-powered features ever since ChatGPT exploded onto the scene a couple of years ago. Some sound more promising than others. 

Sprawling business operations and succession planning have made globe-trotting a key part of the careers of Fortune 500 Europe’s top leaders.

An electric S-Class is coming, but conventional engines are sticking around well into the 2030s.

Gas and electric versions of the next S-Class will look similar.