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Money News

Daimler to double sales of Mercedes-Benz Maybach vehicles

FILE PHOTO: The Daimler logo is seen before the carmaker's annual shareholder meeting in Berlin, Germany, April 5, 2018. REUTERS/Hannibal Hanschke/File Photo

FRANKFURT (Reuters) - German luxury carmaker Daimler on Thursday said it plans to double sales of its Maybach-branded Mercedes-Benz vehicles, after selling 12,000 vehicles last year.

Daimler unveiled its new flagship vehicle, which is based on a Mercedes-Benz S-Class limousine, and which retails starting at $173,000 but can quickly add up to more than $250,000 once options like $3,200 silver champagne flutes are added.

Daimler plans to make a range of Maybach models, including fully electric variants, Chief Executive Ola Kaellenius said during a virtual presentation of the car.

Reporting by Edward Taylor; Editing by Riham Alkousaa

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