Mercedes-Benz gives luxury coupe a spin ahead of California show
A view shows the logo of Mercedes-Benz on a car in Moscow, Russia, July 6, 2016. REUTERS/Maxim Zmeyev
News and research before you hear about it on CNBC and others. Claim your 2-week free trial to StreetInsider Premium here.
FRANKFURT (Reuters) - Mercedes-Benz gave a sneak preview of a new ultra luxury coupe on Thursday in a sign that Daimler is continuing its push upmarket to turn up the heat on BMW, which owns the Rolls-Royce car brand.
A tweet from the @MercedesBenz account teased a photograph showing the outline of a sleek red sports car with the words: "Hot & Cool - Almost 6 meters of ultimate luxury".
The Rolls-Royce Phantom is six meters in length.
Mercedes declined to say whether this was a prototype vehicle or destined for production, but a spokesman said it will reveal more at the Pebble Beach Concours D'Elegance, a classic car show held in California, later this month.
The concours shows 200 of the most prized cars in the world, attracting the world's top car collectors.
Mercedes wants to overtake rival BMW to claim the title of biggest selling luxury carmaker. As a result, Mercedes has been on a product offensive to give its cars a more upmarket appeal, including the revival of the Maybach and Pullman brands.
Last year, BMW retained the title of largest premium automaker, posting sales of 1.91 million BMW branded passenger cars while Mercedes sold 1.87 million cars, compared with a 3.6 percent jump to 1.8 million sold by Audi.
BMW has held the annual sales crown since 2005, but has already surrendered the top spot when measured by first half sales. It sold 986,557 of its own brand cars in the period against Mercedes-Benz's 1,006,619.
(Reporting by Edward Taylor; Editing by Alexander Smith)
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Philippines Duterte tells U.S. to forget about defense deal 'if I stay longer'
- IBM apologizes for Australian e-census bungle, setting off blame game
- Ex-Deutsche banker jailed for killing security guard in Ferrari crash
Create E-mail Alert Related CategoriesReuters
Sign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!