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News of Mercedes-Benz Retail selling its Manchester and Birmingham businesses to Hong-Kong auto retailer Lei Shing Hong could be seen as proof that the UK auto retail sector is worth investing in. This comes despite the underperforming share prices of some…
The Mercedes-Benz brand recorded an all-time high of 10,845 units sold for 2015, which also represents a year-on-year growth of a massive 56 per cent growth over 2014 sales units of 6,932. Locally-assembled models, namely the C Class, E Class and the S Class…
Mercedes-Benz Malaysia will be looking to invest a further RM200 million until end-2016 to enhance its retail network to deepen the group’s presence nationwide, as Malaysia currently represents the biggest market for Mercedes-Benz passenger cars in Southeast…
Restaurant operators have regained their presence in Hong Kong’s retail market where an increasing number of top-end retailers have surrendered their spaces in the wake of weakening spending on luxury items and a decline in tourist arrivals. JLL said that in…
German automaker Mercedes-Benz is focusing on young Indonesians as part of its strategy to boost sales in the country, shaking off the “dad’s car” image along the way. “We’re opening up new segments that are characterized by younger buyers, people who may not…
