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TikTok’s Future Remains Unclear After Walmart And Oracle Win Bid For Partial Ownership

President Donald Trump has been battling with video-sharing social networking platform TikTok for months now. Trump has claimed that the Chinese-owned app, run by company ByteDance, is giving personal user information to the Chinese government upon request; a claim that ByteDance and TikTok has denied multiple times on claims that the US branch of TikTok is run in the US and barely connected to the offices in China. 

Recently, the president demanded for a full sale of TikTok to an American owner, and in August he gave ByteDance 90  days to sell or they would face a countrywide shutdown. He then issued twin executive orders that would ban transactions from the US with ByteDance, but in late August the company announced a potential sale of the app.

The tentative deal from ByteDance was made over this past weekend after the Trump administration announced that if an acceptable deal was not met, TikTok would be removed from the app store starting this weekend and lasting until November when the app would be fully banned.

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ByteDance announced they would create a US subsidiary called TikTok Global which would be part-owned by the US entities of Walmart and Oracle. Four of the company’s five main board members would be American and the fifth would likely be the ByteDance founder himself. After this announcement Trump delayed the app store ban by a week. 

The proposed structure of this agreement is still unclear, as it seems ByteDance announced this deal as a means of getting Trump to ease up on his pressures to ban the app. Oracle and Walmart have stated that they would own 20% of the company while ByteDance would own 80%, however, Oracle’s vice president recently made a statement regarding the deal. 

“Upon creation of TikTok Global, Oracle/Walmart will make their investment and the TikTok Global shares will be distributed to their owners, Americans will be the majority and ByteDance will have no ownership in TikTok Global.”

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The competing claims are leaving the public unsure of what the reality of this deal actually is. It does seem as though the Trump administration is in support of the Oracle Walmart bid for partial ownership of the app, however, the claims from ByteDance that they still would hold a majority stake in the company is concerning for business leaders. 

Professor Paul Haskell-Dowland is an associate dean of Computing and Security at Edith Cowan University in Australia who recently spoke with the press about this confusing deal and what it actually means for the future of TikTok in America. 

“There are competing claims [about ownership] because no one is really telling the full story. The deal seems to be changing by the hour.”

Haskell-Dowland went on to explain that the US and China will likely engage in more back-and-forth in regards to this deal and security updates that will come with the apps new ownership. In the end, he believes that it’s more of a political fight between two nations and has nothing “to do with national security or intellectual property.” Only time will tell what the final deal actually looks like and until then, users will just have to enjoy TikTok as it is before it potentially changes forever.

Boeing Building

Boeing Under Fire For ‘Gambling With Public Safety’ After Two Crashes 

According to a report from US politicians, Boeing has jeopardized the safety of passengers by cutting certain costs and ignoring software flaws that contributed to two fatal crashes. The cut costs and software flaws mainly existed in the development of Boeing’s 737 Max, an aircraft that has since been grounded indefinitely. 

The first crash occurred in 2018 and involved a Lion Air 737 Max, and the second occurred in 2019 at an Ethiopian Airlines; in total 346 individuals were killed between both crashes. The committee on transportation and infrastructure – made up of members of the House of representatives – in the US published their report on Wednesday, and within the report they claim that “there have been repeated and serious failures by Boeing and its regulator, the US Federal Aviation Administration (FAA), in allowing the faulty aircraft to carry passengers.”

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Democratic representative Peter DeFazio is the committee’s chair and expressed that Boeing and the FAA “gambled with public safety in the critical time period between the two crashes.” He attributes these failings to a “broken” safety culture at the company, and several gaps in the system that the FAA uses to regulate safety systems on these planes. These gaps are what led to the fatal crashes. 

After new reports of software fixes and new rounds of testing for the 737 Max plane, Boeing is hoping to re-certify the aircraft for public use. Between the coronavirus pandemic and these recent failings from Boeing, the company has had to cut over 16,000 jobs, so they’re hoping the re-certification of the 737 can help them recover. 

Boeing has been under investigation for the past 18 months, and within that investigation officials found that the company had cut some major costs in order to compete with its biggest competitor, Airbus. The report from the US government claims that this competition added an extreme financial strain to Boeing’s spending, which led to even more cut corners. 

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“Among other things, this pressure resulted in extensive efforts to cut costs, maintain the 737 Max program schedule, and avoid slowing the 737 Max production line. There are several instances where the desire to meet these goals and expectations jeopardized the safety of the flying public.”

The report also found that Boeing had made some major errors in their aircraft design, specifically regarding the system put in place for the pilot should a crucial system malfunction during a flight. This system is referred to as the Maneuvering Characteristics Augmentation System, and it was initially designed to push the nose of the plane down during certain flying conditions to prevent it from stalling. However, this system kicked in on both fatal flights shortly after takeoff because of a faulty sensor. 

The report also criticized the FAA greatly on their relationship with Boeing and complete lack of concern over these safety measures that have been overlooked. Boeing not only withheld information from the FAA, but were able to influence their regulator into approving certain flights for travel. 

Boeing is currently working on regaining regulatory approval for its 737 Max aircraft, and the company has “full confidence in its safety,” however, the real test will be to see what airlines continue to have a relationship with Boeing as time goes on.

Target Store

Target Announces Diversity Plans To Increase Number Of Black Employees By 20%

Companies all across the country have been put under fire in recent months as the Black Lives Matter movement has been mainstreamed, prompting consumers to call on their favorite brands to step up their inclusion and advocacy for racial justice. 

This Thursday, Target pledged to increase the amount of Black employees across its entire workforce by 20% over the next three years. Target has around 350,000 employees in America, a majority of which are white, especially in their executive and leadership positions. 75% of its leadership team is White and 8% is Black; based on data from 2019. 

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When it comes to the retailer’s overall workforce – including part-time employees – 50% are White, 25% Latino, and 15% are Black; making up the top three groups. Within their pledge, however, Target also mentioned their many previous initiatives to increase representation within their stores and in their corporate offices. They claimed to have doubled their representation of non-White officers in the past five years; equating to about 30%. However, only 5% of that population is Black. 

Target also mentioned how now more than half of their stores are run by women and a third are managed by people of color, however, during a movement that is heavily focused on the injustices Black individuals face on a daily basis, consumers aren’t satisfied with the minimal effort they believe Target has put forward. Chief human resources officer for Target, Melissa Kremer, recently posted a news release regarding Target’s new pledge for inclusivity. 

“Inclusivity is a deeply rooted value at Target and we’ve had an ambitious diversity and inclusion strategy for many years for our guests and team. We know that having a diverse workforce and inclusive environment creates a stronger team.”

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Kremer went on to claim that Target would be emphasizing its recruitment and hiring of Black employees and look for new ways to advance their careers once they join the company. Anti-racist training will be implemented as well as new diversity programs that will focus on things like technology, merchandising and marketing; all aspects of Target’s corporate culture that’s mainly run by White individuals. 

Target is no stranger to publicly advocating for issues of social justice. They’ve made public statements telling customers not to carry guns in stores and welcomed all transgender customers to use their bathrooms and changing rooms whenever they need; which caused conservative groups to boycott the brand. 

After George Floyd was killed by Minneapolis Police this year, Target CEO Brian Cornell and other top executives released a statement expressing their pain over Floyd’s death, and made a call for change. He joined a subcommittee of the Business Roundtable to look for new policy recommendations that would directly address the issues with US law enforcement as well as create more opportunities for individuals who were previously incarcerated and looking for work. 

Other retailers joined target in this initiative by donating to civil rights causes and setting new standards when it comes to hiring and recruiting employees in the future. 

LGBTQ Flags

HRC Study Reveals LGBT+ People Are Disproportionately Facing Employment Challenges During Pandemic 

The Human Rights Campaign (HRC) recently collaborated with PSB Insights on a study that revealed that LGBTQ+ individuals are disproportionately facing employment challenges as the economy begins to reopen in the US. These challenges are nothing new for the community, however, the pandemic is adding a whole other layer of increased risk. 

LGBTQ+ individuals have already been dealing with an increased risk of contracting Covid-19 due to a systemic lack of access to sufficient medical care. Additionally, LGBTQ+ people are more likely to be working in industries heavily affected by the virus, and are more likely to experience homelessness. 

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As a majority of states in the US begin to reopen, citizens in general are noticing a massive increase in pay cuts, and a decrease in available working hours/jobs available. For the LGBTQ+ community, these obstacles are even more prominent, as they existed long before the pandemic began as well. HRC President Alphonso David recently released a statement on this study and its staggering results. 

“As some communities start to go back to work, many times in fear and without choice, we’re seeing that LGBTQ people, especially LGBTQ people of color and transgender people, are being left behind.” 

According to the report, LGBTQ+ individuals have been 20% more likely to experience a cut in their work hours, LGBTQ+ people of color have experienced a 44% increase in the likelihood that their hours would get cut, and transgender individuals specifically have experienced a 125% increase. 

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LGBTQ+ people have also been 30% more likely than the general population to lose their jobs; the reported stated that bisexual people have been discriminated against the most in terms of job losses during the pandemic. Bisexual people have been 80% more likely to lose their jobs, and LGBTQ+ people of color are 70% more likely to become unemployed. All of this data was specifically taken from when states began reopening to ensure the numbers were exclusive to the pandemic and its economic impact. 

LGBTQ+ individuals were 50% more likely to receive a pay cut since the economies general reopening, and LGBTQ+ people of color have been 150% more likely to receive a pay cut. A majority of LGBTQ+ people who have the ability to go back to work are going back with the understanding that they would be receiving a cut in their salary; and for many, this is their only option of potential income. 

“We must make sure that elected officials at all levels are ensuring that LGBTQ people, especially the members of the community who are living at the intersections of multiple marginalized identities, receive the support they need.”

When states began reopening the study also found that 69% of the general population and 80% of the LGBTQ+ population believe prioritizing containing the virus is more important than reopening the economy. For more information on HRC’s study, click here.

Walmart Store

Walmart Teams Up With Microsoft In A Bid To Buy TikTok 

Walmart announced this week that they would be collaborating with Microsoft in a bid to acquire TikTok. Currently ByteDance, TikTok’s parent company which is based in Beijing, is nearing an agreement to sell its American, Canadian, Australian, and New Zealand operations in a deal that’s projected to earn the company up to $30 billion. 

Walmart and Microsoft are just one team placing a bid for the app in America, as many are looking to take advantage of buying one of the most popular social media platforms in 2020. Walmart spokesperson Randy Hargrove recently spoke with the media, and while he denied to comment on how the two companies would be dividing their ownership of the app, he claims this acquisition would be an amazing opportunity for both companies to compete against other giant corporations such as Amazon. 

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Walmart and Amazon have been competing as major “superstore” type retailers for years now. In fact, Walmart recently announced plans to launch its own membership program similar to Amazon Prime, called Walmart+, which will also include original content. 

“We believe a potential relationship with TikTok US in partnership with Microsoft could add this key functionality and provide Walmart a way to reach and serve omnichannel customers as well as grow our third-party marketplace and advertising businesses.”

Walmart went on in their statement to also claim that they were confident in their ability to meet both the expectations of current TikTok users, and the US government; who has recently been attacking TikTok for its potential sharing of personal data with China; which has not been proven. 

In the US, TikTok currently has around 100 million active users. When compared to the amount of users the app had in 2018 there’s an 800% increase in use. Daniel Ives, managing director and technology analyst, claims that there’s a 90% chance TikTok will accept the bid from Microsoft and Walmart, and the acquisition of the app will be a major step in Walmarts constant expansion of services. 

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This will not be the first time Walmart and Microsoft work together either. In 2018, Walmart announced a five-year “cloud deal” with Microsoft, allowing the retailer to adopt Microsoft’s Azure cloud infrastructure and include bundles in certain devices that would include Office 365 with every purchase. 

After TikTok was under major threat of being banned by Donald Trump and his administration, the app knew it had to find a new buyer so that the app would remain alive in one of its most lucrative markets worldwide. The Pentagon has already banned TikTok from being downloaded on any government-issued devices due to security concerns; the US House of Representatives and Senate were also ordered to follow suit. 

Despite the many allegations from Trump himself, TikTok has went on record multiple times that they have never shared personal data with China, it’s parent company, or any other company for that matter. They then explained how TikTok is run within each country it’s available, and all US user data is stored in the US. 

There’s no real timeline as to when TikTok will accept or deny Microsoft and Walmart’s bid, however, with the 2020 election getting closer, it’s likely the app will make a decision sooner rather than later in order to keep it alive. 

Girl WFH

Google Offers Work From Home Tips Based On Employee Survey 

Google recently spoke with more than 5,000 of their employees to figure out the best remote working practices that they’ve experienced within the past six months. Chief executive Sundar Pichai recently announced that because of the Covid-19 pandemic, Google would be extending their work from home policy until at least July 2021. Before making this decision the company surveyed their employees to better grasp what was working, and what wasn’t in terms of remote working. 

The main thing Google wanted to focus on with their employees was their well-being, performance quality, communication with one another, and productivity from home. They found that making team meetings a priority was extremely important for maintaining a positive company culture virtually. These meetings are often the only time employees communicate with each other “face-to-face” via video conferencing. 

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Google has also recommended that all of its team leaders take a special interest in their employees personal lives and getting to know them on a deeper level. Enduring working through a pandemic together has proven to be a bonding experience for many companies, and Google wants their business model to exhibit that. 

Being present is also key to a healthy work environment in general, but especially when workers aren’t able to be in each other’s presence. Specifically, Google recommends making sure all employee cameras are on during group video conferences, but muting your microphone when it’s most practical to not distract from whoever is speaking in the moment. They also recommend giving both verbal and non-verbal cues of agreeance (“yeah that’s a good plan”, “most definitely!”) so employees really feel like they’re being listened to. 

While it’s important to also give your employees their space to actually do their work, industry and team leaders should make it a point to check in with everyone at least once a day. Even if it’s just a quick message exchange about the weekend, it’s important to keep communication up so employees feel comfortable to go to one another when life and work gets overwhelming; as it has for most of us at this point in time. 

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It’s also important for team leaders especially to recognize and praise their employees’ good work. Now that we’re all working on a more independent level at home, it can be easy for our hard work to get overlooked. Receiving a message from your boss praising you for a specific completed task of any kind will keep morale up, and greater build that bond between you and your workers. 

Google also recommends that employers discuss a list of “norms” that all employees need to abide by with their work. These norms could include expectations for email response times, taking days off, who to go to when your having difficulty with a certain task, the easiest ways to communicate with you and other higher-up employees, and how often everyone should be checking in with one another, even to just say “hey, how have you been this week?” 

Finally, make sure your company is using a digital platform that is easy and accessible for everyone. Not every meeting needs to be a video conference and not every clerical error needs to be addressed with a phone call. Digital platforms like slack, discord, whatsapp, etc. make it easy for employees to quickly message each other for clarification/checking-in. So when discussing the list of norms with your employees, make sure to mention which mediums of communication are most appropriate for specific tasks or issues. 

PPP Loan

Why Some Businesses Are Hesitant To Apply For PPP Loan Forgiveness 

This week, the Small Business Administration opened up their forgiveness portal for the Paycheck Protection Program (PPP) loans. The CARES Act initially made these loans available for small businesses who were struggling to stay afloat during the pandemic. The Act went into effect in the beginning of April, and since has dealt out more than 5 million approved loans which equated to $525 billion. 

To qualify, small businesses had to show that at least 60% of the loan would be going towards payroll costs for employees. The repayment terms of these loans are also relatively casual in terms of federal loans, as most firms will only pay an interest rate of 1% and have at least a six-month grace period before needing to start payments. Loans that were given before June 5th must be repaid in two years while those dealt out after have five years. 

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Even with all of these seemingly attractive qualities, accountants nationwide are noting that many small businesses are choosing to sit out this round of PPP loans after the initial round of loans began going more towards large corporations and wealthier employers who didn’t really need the financial support as badly. 

Additionally, many small businesses are still asking Congress the same question in regards to these loans with no real answer: will expenses covered by these PPP loans be deductible on future tax returns? Ann Kummer is a Certified Public Accountant in New York who claims to be giving a lot of her clients the advice to wait before applying for a federal loan. 

“My advice to all of these clients is that you don’t want to be the first to rush into the forgiveness process. Things will probably continue to change, do you really want to be the guinea pig?”

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Many small businesses feel the same way, especially considering so much change has already occurred in terms of the pandemic and its impact on the economy. There’s still no word from Washington D.C. on what the next Covid-19 relief bill will look like either, something many Americans have yet again been waiting for. 

According to the IRS, forgiveness of the loan will be tax-free, but business owners who take out a PPP loan will not be able to write off expenses that in any other context would be deemed deductible if they use the PPP funds to cover that cost. However, many Congress members disagree with the IRS’ claims and want small businesses to be able to deduct those costs, making this one of the many points of contention that’s delaying the release of another relief bill. 

Overall, many business experts and accountants nation-wide are urging their clients to hold off and wait in terms of applying for one of these PPP forgiveness loans. While many businesses are suffering now, depending on how much this loan program changes the damage could become a lot worse for them down the line. 

Experts recommend that all businesses maintain a separate business account for all of their loan proceeds so they’re able to see exactly what they’re receiving and when they are spending it. Additionally all businesses should maintain any and all documents that show how their funding has been spent throughout the duration of the pandemic. This way, no matter how much the pandemic and the forgiveness program changes in the coming months, businesses will have a formal record of spending and receiving.

Uber App

Uber Rides Take Economic Hit Amid Pandemic While Uber Eats Thrives 

It makes sense that citizens would feel less comfortable than usual getting into a Uber that they know has been sat in by countless other customers in the middle of a global health crisis. Uber rides in general have still been occurring with stricter health and safety procedures enforced throughout the past few months, however, overall business is way down for the riding division of their company. 

The company’s goal pre-pandemic was to be “profitable on an adjusted basis before the end of 2021,” according to executives. They planned on meeting this goal by making accurate cuts to certain annual costs while also maintaining a strong balancing sheet in regard to fund distribution throughout Uber Technologies’ many departments. 

Thanks to the pandemic, however, in the second quarter of this year Uber reported an adjusted loss in earnings of $837 million while shares dropped by 2.9%. 

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In the past, Uber’s ride-hailing trips accounted for nearly 66% of the company’s total revenue. The revenue from the rides has increased 5% within the past month when compared to the drop in April, however, total gross bookings are down 75% from what it was in 2019. Dara Khosrowshahi is Uber’s Chief Executive Officer, and held a meeting for executive heads and analysts this week where she told them that if they want their rides to recover, it’s more so dependent on every country’s ability to contain the virus. 

It really is for the most part out of Uber’s hands, the same way economic recovery is out of every industry leader’s hands right now. The Coronavirus pandemic has made it relatively impossible for most businesses to run to the same extent that they were before. In Hong Kong and New Zealand specifically, ride-bookings for Uber has monumentally increased within the past month, as the two locations were both able to completely eradicate the virus from their citizens. 

“Trip requests in Germany, France, and Spain have improved like New Zealand. Our global geographic footprint remains a huge advantage.” 

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In April through June of this year Uber reported a $1.8 billion net loss, which included charges that related to laying off nearly 25% of their global workforce; which occurred during the initial height of cases in the US back in April. The United States is by far Uber’s largest market despite being located in so many other countries, so the fact that the US is also currently one of the most infected countries in the world is detrimental. 

Uber operates out of 69 countries and initially had over 99 million employees working on their own time through the app. Now, thanks to all the cuts amid the pandemic, that workforce has dropped down to 55 million employees. 

Second-quarter revenue for Uber Rides dropped 29% to $2.24 billion when compared to 2019’s second-quarter, however, Uber Eats nearly doubled their revenue to $1.2 billion. This is likely to the much greater demand for delivery food services since everyone is supposed to be staying home now anyway. Uber also announced last week that they acquired the rights to Postmates Inc., one of their greatest competitors in terms of delivery services, for $2.65 billion so that they could expand the Uber Eats business into delivering even more everyday items such as cleaning supplies, furniture, tools, and more!

Uber Eats has closed down some of the locations where they operate to make room for even more delivery services in more metropolitan areas such as New York City or Los Angeles. Uber executives in general believe that by further cutting costs they’ll  still be able to reach their 2021 goal especially with the way that Uber Eats is growing.

Ancestry

The Blackstone Group Just Bought Ancestry.com For $4.7 Billion

The Blackstone Group is a private equity firm that is known as the world’s largest landlord. Ancestry.com is also the world’s largest genealogy website with over 6 billion records of family history in the United States alone! The website has DNA tested over 18 million individuals to help provide DNA lineage to patrons. Now, in a new $4.7 billion deal, the two major corporations are joining forces. 

Ancestry operates in 34 countries around the world and is accessible from most places on the planet. The website was originally founded back in 1996 and receives an annual revenue of about $1 billion a year. The DNA testing aspect of Ancestry is relatively new, and allows users to send their DNA to drug companies so they can trace the family line. 

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This aspect has raised a lot of red flags for people, as many want to know what happens to their DNA information after those results are found. The skepticism has gone so far that even the Pentagon has warned US military personnel against using any sort of DNA testing service, placing a hefty emphasis on Ancestry specifically. 

The recent purchasing of the website by Blackstone is also raising a lot of concerns, as many are wondering what a private equity company wants with a DNA genealogy website. The biggest concern that isn’t exactly baseless in its claim is that Blackstone will use this information as a means of discriminating against tenants based on race or socioeconomic status. 

“We are very excited to partner with Ancestry and its management team. We believe Ancestry has a significant runway for further growth as people of all ages and backgrounds become increasingly interested in learning more about their family histories and themselves.”

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US federal housing laws obviously prohibits landlords from discriminating against tenants based on things like race, religion, national origin, etc., however, thanks to how advanced technology and social media is today, many real estate companies are able to get away with this discrimination in a more private matter by doing their own research on the people who are renting their spaces. Blackstone, however, recently made a statement on their Ancestry deal, claiming that they’re mainly interested in “digital consumer businesses and investing more money into data development.” 

Basically, Blackstone is more interested in growing digital businesses, as those are the ones that survive the most especially in unexpected circumstances like a global pandemic. The company has responded as well to multiple media outlet posts that are claiming the company is being unclear as to who will have access to individual DNA, as well as how it will impact the many real estate landlords that work for Blackstone. Matt Anderson is a managing director at Blackstone who recently released a statement to the media on this matter. 

“We are deeply committed to following all fair housing laws and do not tolerate discrimination of any kind. Furthermore, Blackstone itself will not have access to this data and we will never—repeat never—share it between these two businesses.”

Blackstone, however, has a deep history of discrimination cases and claims filed against them among tenants and landlords. In some of these cases rents rose up to 50% after Blackstone purchased certain housing developments, causing many individuals of a lower socioeconomic status to move out and face homelessness while wealthier clientele could move in and take over.

Mercedes Benz

Why Mercedes-Benz Is Reducing Their Car Line Up

Mercedes-Benz is a German automaker known for creating some of the most collectible/personalized cars, convertibles, limousines in the world. Within the past decade, however, car experts have noticed a shift in the type of vehicles Mercedes releases, as it seems they’re focusing more on crossover vehicles, SUVs, and other more standardized options. 

The subtle “rebranding” of vehicles and advertising that’s come from Mercedes has many in the industry thinking they’re switching gears in terms of the brand to advertise to a more accessible audience. Cars that are seen as “luxurious” or are purchased out of vanity have become a lot less popular within the past few years, especially luxury cars that are large and emulate more of a SUV aesthetic; something Mercedes is known for. 

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Besides the fact that we’re currently enduring one of the worst financial/economic crises in US history, many individuals are stepping away from spending their money on luxury vehicles and instead saving it for something more practical. When it comes to cars, many look for safety features more than anything else, so Mercedes has had to do some serious reworking. 

One of the biggest criticisms that the brand has received since the dawn of its creation is that all of its vehicles essentially have the same interior design/technological features, and the only major difference is the size and shape of the cars. 

According to reports from Automotive News, Mercedes is planning on dropping seven or more cars from the US Market. The reports come after Mercedes-Benz US CEO Nicholas Speeks told dealers during a June webinar that they would no longer be selling the models, but has yet to identify which ones would no longer be available. 

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This decision isn’t only so Mercedes can make room for more family-friendly and accessible vehicles, but also to make production of vehicles a lot easier. Currently, Mercedes offers over 100 different kinds of vehicle variants in terms of engine and transmission options; many car experts like to customize these features within their vehicles. However, the multitude of options delays production often and can slow down the rate at which they’re able to customize vehicles. 

Additionally, all Mercedes car dealers need to be completely trained in learning about over 100 different car types and their specific internal features that can be customized. This is not only overwhelming for the dealers, but the customers as well! Research has shown that having so many options laid out in front of a customer can become overwhelming for them, and can actually turn them off the idea of buying. 

The reports also suggest that Mercedes could save millions of dollars by simplifying their line up, and even increase sales of whatever vehicles are left. The initial rumors suggest that the company will likely pull some of their less-popular convertible and coupe models. This rumor is the most likely to actually be true, as Mercedes is currently the only car company to offer coupe and convertible cars in compact, mid, and full-size, and that doesn’t include the sports vehicles.

Overall, coupe and convertible sales for any brand of car has seen a dramatic decrease in the US within the past few years. Instead, people are putting safety first and going for SUVs or crossover vehicles. Mercedes should announce their new reduced line up within the coming months as the Covid-19 pandemic begins to slow down, so for now, only time will tell which vehicles will get the chop or not.