Daimler also building EV batteries in U.S., China and Thailand.
The still mostly disguised concept bears the name Aesthetics Progressive Luxury, and it will function as a halo concept for the new EQ electric brand.
German automakers may be ready for EU to drop tariffs on U.S. cars
30 will go to customers for field testing this year
750,000 Mercedes vehicles could be affected.
Daimler is open to supplying Volvo with engines and could even take a small stake in the Swedish carmaker, Manager Magazin said, raising the possibility of increased cooperation between Mercedes-Benz and China's Geely.
German carmakers BMW and Daimler are under increasing pressure to diversify production of their sports utility vehicles (SUVs) outside of the United States as a result of Washington's growing trade tensions with China. Beijing's proposed 25 percent tax on U.S. car factory exports will hit nearly 270,000 vehicles, with German carmakers accounting for $7 billion of the $11 billion total.
Porsche global sales chief Detlev von Platen reveals the Stuttgart carmaker is working on a "flying sports car."
"No current car industry player is likely to win this battle against the invaders from outside without friends... One has to adapt a new way of thinking in terms of sharing and combining strength. My investment in Daimler reflects this vision," Li said.
For once, an airbag problem that has nothing to do with Takata.
The breakup would follow an industry trend.
The Mercedes parent reportedly subjected the electric SUV to extreme testing and completely dissembled it.
An electric-powered version is coming in 2019.