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Daimler Starts Young Classics Pilot Project

This is a discussion on Daimler Starts Young Classics Pilot Project within the The Mercedes-Benz Lounge forums, part of the Mercedes-Benz category; OFFICIAL PRESS RELEASE * Young Classics Store opens at the Mercedes-Benz Museum in Stuttgart * Young classics from the 1970s ...

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Old 03-13-2009, 03:28 PM   #1
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Daimler Starts Young Classics Pilot Project




OFFICIAL PRESS RELEASE

* Young Classics Store opens at the Mercedes-Benz Museum in Stuttgart

* Young classics from the 1970s to the 1990s can be easily rented, purchased, insured, and financed

* Market for spare parts with high growth potential in Europe and the USA

Stuttgart, Germany, Mar 12, 2009 - With “Mercedes-Benz Young Classics,” Daimler AG is setting its sights on a new, promising business segment: the growing community of enthusiasts for classic cars of more recent vintage. These are passenger cars in production during the period from 1970 to around 1990. More and more of these Mercedes-Benz models have reached cult status, particularly in Europe and the United States. The demand for originality and the limited supply of well-preserved vehicles have driven the prices of vintage vehicles upward, which also applies to young classics. This means that driving pleasure can be accompanied by above-average financial returns. With “Mercedes-Benz Young Classics,” Daimler is closing the gap between new vehicle sales and the highly specialized classic car business of the Mercedes-Benz Classic Center in Germany and the USA.


Daimler has opened the first “Mercedes-Benz Young Classics Store” as a pilot project in the Mercedes-Benz Museum in Stuttgart. Here, customers are able to purchase, rent, insure, and even finance the young classics on offer. The store offers a variety of cars dating from the 1970s onwards, all in first-class condition. Interested parties can also view the range of available young classics online at Mercedes-Benz Young Classics.

Daimler also hopes to open up interesting new growth potential in Europe and the United States by expanding the spare parts business for the classic cars made by Mercedes-Benz. In doing so, Daimler is meeting the demand of classic car enthusiasts for original spare parts, while also expanding the current product range.

Young classics are vehicles between 15 and 30 years old. According to Germany’s Federal Office for Motor Vehicles, the market in Germany for young classics comprises approximately 6.6 million automobiles, 1 million of which are Mercedes-Benz cars, representing a market share of 15.6 percent.

Surveys by FIVA and Dekra show that around 60 percent of all owners of Mercedes-Benz young classics are between 21 and 50 years of age. Only 20 percent of them use those cars as their main vehicle.

Mercedes-Benz Young Classics is supported by the Business Innovation unit. The aim of the Business Innovation Team is to explore growth opportunities along the entire value chain. The focus is on unexploited potential within the company, as well as new business ideas relating to the current core business. Mercedes-Benz Young Classics demonstrates the breadth of the opportunities that exist for translating inherent strengths into additional, profitable growth.

Mercedes-Benz Young Classics will be presenting its product line at the Techno-Classica trade fair in Essen (April 1-5, 2009), the world's largest fair for classic cars.





Daimler Starts Young Classics Pilot Project


I really like the sound of this. Now is the time for me to get that W124 E-Class.


M
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Old 03-13-2009, 03:36 PM   #2
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Perfect for my W123
super news
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Old 03-13-2009, 03:52 PM   #3
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I really like the sound of this. Now is the time for me to get that W124 E-Class.


M
Awesome! which engine? and don't u dare say the E500? lol
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Old 03-13-2009, 03:53 PM   #4
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ha ha... you know thats the one....or a C124 Coupe.

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Old 03-13-2009, 04:02 PM   #5
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ha ha... you know thats the one....or a C124 Coupe.

M
a W124 E500? yes please

Congrats in advance
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Old 03-13-2009, 05:05 PM   #6
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Wonder if insurance will be cheaper when insuring with Mercedes?

Btw I think I'll have a SL500
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Old 03-13-2009, 06:01 PM   #7
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Perfect for my W123
super news
Since when do you drive a W123!?

W123
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Old 03-13-2009, 06:39 PM   #8
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Btw I think I'll have a SL500
How about a SL73



:bowd own:

Man i'd kill to lay my hands on one
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Old 03-13-2009, 08:03 PM   #9
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Since when do you drive a W123!?

W123
Lol like 2 years back..

A -78 300D
It kicks ass..its a veteran class car in sweden..so its perfect ..
as a student i cant roll in S classes any more
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Old 03-13-2009, 09:03 PM   #10
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^^ Wow a 300d... Gorgeous car Artist! I love that car, I wanted one but couldn't find one in good shape (rust....) in France for a low price...

I love, I adore the 123, I just know I'll end up buying one for sure, either 300d or 230CE.

Nice move from MB, they'll even extend the availability of spares, that's awesome!
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