How Often Does Mercedes-Benz Undergo a Major Model Update?
1 Answers
Mercedes-Benz undergoes a major model update approximately every 8 to 9 years. For the Mercedes S-Class, the lifecycle is 7 years, with minor updates occurring every 3 years in between. Minor updates are quite frequent, especially shortly after a new model is launched. The primary drivers for model updates are market competition, while the internal factor for extending the lifecycle is cost amortization. Below is relevant information about car model updates: 1. Annual Updates: These are updates made to the product every year. Limited to yearly updates, the changes are generally minor, typically involving adjustments to pricing and configurations. These updates are based on the automaker's follow-up tracking of the model after its launch and adjustments made according to the model's market performance. 2. Mid-cycle Updates: A model's normal lifespan is roughly 5-6 years. During this period, minor updates released each year are referred to as 'monthly tests,' while the 'mid-term test' is the mid-cycle update of the product. 3. Full Model Change: A full model change is the 'final exam' of a product's lifecycle. A model typically undergoes a full redesign every 5-6 years, which involves a complete overhaul of the entire vehicle.