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First Look: 2023 Mercedes-AMG C 43

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Mercedes-AMG just revealed a revised version of the W206-generation C-Class, which first debuted in 2021. This fiery new sedan, the 2023 Mercedes-AMG C 43, receives a number of changes for the new model year as it loses two cylinders, adds more power, and gains technology first used by the Mercedes-AMG Petronas F1 Team. The 2023 Mercedes-AMG C 43 Sedan wears an AMG grille and other exterior embellishments. An electrifying new powerplant The previous C 43’s 385-horsepower 3.0-liter twin-turbocharged V-6 has been replaced by Mercedes-AMG’s M139L engine. The new engine is a 2.0-liter turbocharged 4-cylinder rated at 402 hp and 369 pound-feet of torque at 5,000 rpm, aided by a 48-volt hybrid system that temporarily generates an additional 13 hp.  A 9-speed, wet dual clutch transmission comes standard as does all-wheel drive that can send up to 69% of the engine’s torque to the rear wheels. Selectable drive modes include “Slippery,” “Comfort,” “Sport,” “Sport +” and “Individual....

Mercedes Posts Profit by Pushing Prices Higher

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Mercedes-Benz Group AG boosted it net income by 3% in the first quarter, thanks to strong pricing, even as COVID-19, the semiconductor shortages and the war in Ukraine continued to impact the company.  Harald Wilhelm, left, Mercedes-Benz Group CFO, said the company’s product pricing played a critical role in driving profits. “In this challenging environment resilience and pricing power are crucial,” said Harald Wilhelm, Mercedes-Benz Group chief financial officer.  “Our sharpened focus is desirable top-end and electric vehicles, combined with ongoing cost discipline allowed us to deliver strong earnings despite numerous headwinds. One this foundation we continue to transform our business by growing our luxury business and scaling up production of electric vehicles and accelerating software development.”  The automaker  earned $3.9 billion in the first quarter , compared to $3.74 billion in the same period the previous year, while revenue increased 6% to $37.6...

uShip: Reviews, Services and Car Shipping Costs (2022)

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Shopping around is one of the best ways to find a good deal on car shipping services, and uShip lets you compare quotes from dozens of providers at once. In this article, we’ll cover uShip reviews, pricing, shipping services and more to help you decide if you should use the marketplace or shop for quotes on your own.  Shipping your car can feel daunting. While you might not ship your vehicle very often, it’s important to find the right provider. We’ve reviewed the best car shipping companies to help you find the best prices and services. Best Car Shipping Companies The Detroit Bureau reviewed the top car shipping companies to find the best. BEST PROVIDER Our first choice for car shipping with great rates and service. 866-882-8614 844-601-0286 GET PRICE LOCKED-IN PRICING This shipping company won't raise your rates after you are quoted a price. 888-9...

Ford Posts $3.1B “Loss” in Q1 Due to Rivian Investment

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Ford reported a net loss of $3.1 billion for the first quarter, largely due to the valuation of its Rivian investment.  Ford CEO Jim Farley said the company had a strong order book for the next quarter. The company reported revenue of $34.5 billion for Q1 and adjusted earnings of $2.3 billion. The red ink is due to what the company described  as a “mark-to-market” loss  of $5.4 billion on the company’s investment in Rivian.  Despite the accounting, the company confirmed its earlier 2022 earnings guidance — which calls for it to be well into the black: adjusted earnings of $11.5 billion to $12.5 billion, which could be as much as a 25% improvement over 2021. Hit by the chips The company’s earnings were limited by the ongoing chip shortage. In fact, the company delivered fewer than 1 million vehicles during the quarter — a 9% drop compared to a year ago due to the shortages.  eAutomakers have struggled with semiconductor and materials shortages that ha...