Money

Mercedes Targets Wealthy With Luxury Pickup

Written by Teunis Felter

Mercedes is targeting the mid-sized pickup at wealthy clients who like quad biking and sailing. Taking on a new segment far removed from opulent models like the S-Class sedan shows how far the world’s biggest maker of luxury vehicles is prepared to go to capture new sales. For now, it plans to stay clear of the U.S.’s competitive truck market, dominated by utilitarian vehicles like Ford Motor Co.’s $27,100 F-150. The X-Class gives Mercedes an offering that rivals BMW and Audi will unlikely match any time soon.

https://www.bloomberg.com/news/articles/2017-07-18/mercedes-targets-quad-bike-loving-wealthy-with-luxury-pickup

About the author

Teunis Felter

Teunis Felter has over 20 years experience as an author, editor, and scientist. When not exploring outside, he enjoys reading history, researching genealogy, and civilly discussing politics.