AIRLINK 65.20 Decreased By ▼ -0.70 (-1.06%)
BOP 5.57 Decreased By ▼ -0.12 (-2.11%)
CNERGY 4.56 Decreased By ▼ -0.09 (-1.94%)
DFML 24.52 Increased By ▲ 1.67 (7.31%)
DGKC 69.96 Decreased By ▼ -0.74 (-1.05%)
FCCL 20.30 Decreased By ▼ -0.05 (-0.25%)
FFBL 29.11 No Change ▼ 0.00 (0%)
FFL 9.83 Decreased By ▼ -0.10 (-1.01%)
GGL 10.01 Decreased By ▼ -0.07 (-0.69%)
HBL 114.25 Decreased By ▼ -1.00 (-0.87%)
HUBC 129.10 Decreased By ▼ -0.40 (-0.31%)
HUMNL 6.71 Increased By ▲ 0.01 (0.15%)
KEL 4.44 Increased By ▲ 0.06 (1.37%)
KOSM 4.89 Decreased By ▼ -0.13 (-2.59%)
MLCF 37.00 Increased By ▲ 0.04 (0.11%)
OGDC 132.30 Increased By ▲ 1.10 (0.84%)
PAEL 22.54 Increased By ▲ 0.06 (0.27%)
PIAA 25.89 Decreased By ▼ -0.41 (-1.56%)
PIBTL 6.60 Increased By ▲ 0.07 (1.07%)
PPL 112.85 Increased By ▲ 0.73 (0.65%)
PRL 29.41 Increased By ▲ 1.02 (3.59%)
PTC 15.24 Decreased By ▼ -0.87 (-5.4%)
SEARL 57.03 Decreased By ▼ -1.26 (-2.16%)
SNGP 66.45 Increased By ▲ 0.76 (1.16%)
SSGC 10.98 Decreased By ▼ -0.04 (-0.36%)
TELE 8.80 Decreased By ▼ -0.14 (-1.57%)
TPLP 11.70 Increased By ▲ 0.17 (1.47%)
TRG 68.62 Decreased By ▼ -0.62 (-0.9%)
UNITY 23.40 Decreased By ▼ -0.55 (-2.3%)
WTL 1.38 Increased By ▲ 0.03 (2.22%)
BR100 7,295 Decreased By -9.1 (-0.12%)
BR30 23,854 Decreased By -96 (-0.4%)
KSE100 70,290 Decreased By -43.2 (-0.06%)
KSE30 23,171 Increased By 50.4 (0.22%)

imagePARIS: Daimler on Wednesday said it was working on a new "hypercar" and also plans to expand its range of upmarket AMG Mercedes-Benz performance cars by at least 10 models.

The hypercar, due to be produced in about 2.5 years' time, will have the powertrain of the current Mercedes-Benz Formula 1 car with a modified gearbox and it will be made from carbon fibre.

"In the past Formula one cars and road cars were separate. Now these are moving closer together," Thomas Weber, a Daimler board member responsible for development at Mercedes-Benz told Reuters on the sidelines of a Mercedes-AMG event in Paris on Wednesday.

Daimler did not provide details of the car's top speed, horsepower, or sticker price, but did say that research teams from the Mercedes Benz AMG division and the conpany's Formula 1 engineers were working on the project. Tobias Moers, Chief Executive of Mercedes-AMG, told Reuters that the car would have in excess of 1,000 horsepower.

AMG is a sub-brand of Mercedes-Benz which already makes tuned-up versions of the S-Class limousine, G-class offroader and also the A-and B-Class compact cars.

The company said it expects to boost sales this year after delivering almost 70,000 cars in 2015, up from 32,200 in 2013 thanks to sales of the AMG-GT, a flagship model designed to take on Porsche, costing between 97,000 and 112,900 euros($126,572.19).

The company also unveiled the new Mercedes-AMG GT Roadster in Paris. This is an open-top version of the car with a 476 horsepower engine.

Moers said: "We will top up our portfolio by at least ten newcomers. With that, we will offer a choice of no less than 48 different AMG performance cars."

Copyright Reuters, 2016

Comments

Comments are closed.