Daimler has revealed its financial results for 2019. In addition, the brand looks ahead to what this year will bring, also when it comes to new models. According to the the annual financial report, 2020 will host the new generation S-Class, but also the electric SUV EQA.
Mercedes-Benz confirms that the EQA will be launched in the fall of this year. The EQA, unlike the EQA Concept presented in Frankfurt in 2017, will not be a hatchback, but a crossover. It is in fact the all-electric version of the new second generation of the GLA.
The EQA concept presented in 2017 in Frankfurt had been equipped with two electric motors, one on each axle. The total power announced at that time was 272 hp, while the communicated torque stopped at 500 Nm. The 60 kWh battery pack ensures a range of up to 400 kilometers.
Mercedes-Benz also reports that the new S-Class will be launched this year and it will also have a fully electric brother in the form of the yet to be revealed EQS. Of course, the new Mercedes-Benz S-Class has been spied on several times during tests conducted on public roads in Germany.
The top of the range model in the Stuttgart manufacturer’s portfolio would receive a series of consistent design changes, but also many improvements to the interior technologies. At the same time, the Germans announce that the future Mercedes-Benz S-Class will be equipped with level 3 semi-autonomous driving systems.
As in regard to the actual financial report, Daimler announces that it generated a turnover of 172.7 billion euros in 2019, 3 percent more than in 2018. EBIT, the operating income of a company before interest and tax deduction, was 4.3 billion euros. Net profit came to 2.7 billion euros last year, partly due to heavy investments, considerably lower than the 7.6 billion euros that Daimler ended 2018. However, in 2019, Mercedes-Benz sold 2,385,400 cars, compared to 2,282,800 units a year earlier.