CHANGE MARKET : LOS ANGELES
Daimler to Shut Down Maybach
Daimler will be shutting down its ultra-luxury Maybrach brand. The brand has been a consistent thorn in Daimler’s side; with almost a decade of losses from the auto that retails for more than $350,000.
Production will shut down when a redesigned version of the flagship Mercedes-Benz S-Class hits the market in 2013. “It would not make sense to develop a successor model,” Daimler CEO Dieter Zetsche said. He also said they will double variations of the $95,000 S-Class so “it can replace the Maybach” and rise up to challenge BMW as the world’s top luxury maker.
Dec 1, 2011 11:14 AM
The clock is ticking for prospective Maybach buyers. After almost a decade of not turning a profit, Daimler announced that production of the haute sports car will cease by 2013.
The Jay-Z/ Kanye West 'Otis' Maybach underwhelmed predictions when it sold only for $60,000 at the New York Contemporary Art Evening auction held by Phillips de Pury & Co.
The mangled Maybach from the Jay-Z and Kanye West music video for their Grammy-winning song Otis has been sold at auction for $60,000. Though the final selling price was significantly lower than anticipated, part of the money will be going to the Save the Children foundation.
If you haven’t yet seen the debut video from Jay-Z and Kanye West’s joint album Watch the Throne, what are you waiting for? (Watch it here.) The first video is from their song “Otis” featuring soul legend Otis Redding and features the exuberant rapping duo… and a Maybach 57.
Last night, The Kingdom of Morocco hosted a star-studded event sponsored by Maybach at The Raleigh Hotel on South Beach.
Daimler has debuted the new Mercedes-Benz SL 65 AMG, which has been completely redeveloped to ensure the ultimate in sportiness, comfort, style and innovation. The new model will be sown at the New York International Auto Show and subsequently in showrooms come November.
With pubs shut at 11pm, the capital’s clubs become one of London’s biggest draws. Whether you take your music seriously or just like to fling yourself around to Britney and Beyonce on a Friday night, you can rest safe in the knowledge that London is a clubber’s paradise. Here are five of the b...
The NBA All-Star Weekend kicks off this Friday and celebrities, athletes and the who’s who of the entertainment industry will be descending on Orlando, FL.
On Feb. 24, a “Grand Opening” party -curated by Exact Publicity and One Off Entertainment- at the newly renovated Beacham Nightclub wi...
The sales environment for German luxury car brand Mercedes-Benz has become “a bit more challenging” in China, as sales growth slowed over the summer, a senior company executive for the luxury auto brand said.
Luxury car sales have defied a marked slowdown in the growth rate of China’s over...
Some people enjoy the simple comforts of luxury vehicles while others do everything they can to customize and individualize their cars to stand out in a crowd. Here are five of Mercedes Benz’s most exotic customizations of their luxury vehicles.
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Will Smith is back on the Silver Screen today as the iconic Agent J in ‘Men in Black 3.’
Mary Fanaro of OmniPeace shares her Los Angeles secrets with Haute Living. Find out where Mary shops...
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