Former U.S. Benz Boss Takes Mercedes To Court

Former U.S. Benz Boss Takes Mercedes To Court
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Ernst Lieb is heading to court, continuing to insist that he did not misuse Mercedes-Benz‘s funds improperly and that his dismissal back in October was unjustified. Lieb’s five-year run as Mercedes CEO was cut short when he was dismissed for allegedly misusing $100,000 in company funds to upgrade a Mercedes-owned home in New Jersey. Lieb’s… Continue Reading...

Mercedes USA CEO Axed for Spending Company Funds on Home Renovation

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Mercedes USA CEO Axed for Spending Company Funds on Home Renovation
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Mercedes-Benz USA CEO Ernst Lieb (center) was dismissed this week over allegations of major breaches of compliance, according to a report by German newspaper Handelsblatt. Lieb is reported to have paid for an addition to his home, as well as golf club fees at the expense of parent company Daimler. “Ernst was repeatedly warned, but he… Continue Reading...

New 2010 Mercedes E-Class $4,600 Less Than ’09 Model

New 2010 Mercedes E-Class $4,600 Less Than ’09 Model
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Mercedes will price the all-new 2010 E-Class significantly less than the outgoing model. In fact, the 2010 E350 will retail for just under $50,000 – $49,475 to be exact. That price is $4,600 less than the ’09 E-Class. “We are continuing the strategy we started with the new C class two years ago by pricing… Continue Reading...
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