Mercedes-Benz will include more combustion engine models than electric ones in its new product range as it seeks to revive margins in response to a sharp drop in earnings.
The Stuttgart-based luxury marque will release 19 new petrol and diesel vehicles and 17 battery-electric cars by the end of 2027 in an “intense product launch campaign”.
The balance reflects a renewed focus on petrol and diesel after sales of Mercedes’ battery electric vehicles fell by almost a quarter last year.
• Mercedes-Benz and Porsche hit by weak sales in China
Most of the new models will be in its top-end price tier, demonstrating a commitment to selling a lower volume of higher-margin vehicles. “The strategy of value over volume remains in place — it has
