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Mercedes Teases Upscale VLE Van For America

Mercedes Teases Upscale VLE Van For America

Miami Herald03-07-2025
Minivans don't have a great reputation in the United States, but this has everything to do with their lack of cool factor and very little to do with their actual suitability as family vehicles. In regions like China, minivans have a much better image, with many luxurious minivans used by wealthier people to get around comfortably. For the small percentage of Americans who want a more polished minivan, Mercedes has just teased the new VLE electric van undergoing long-distance testing in Europe. It also mentioned a new VLS, and both will be marketed as "privately positioned MPVs" or "Grand Limousines".
While only the VLE was teased, Mercedes-Benz made it clear that the two upcoming vans will occupy different segments. The VLE is expected to be a practical people-mover with seating for up to eight people, so is expected to be a more premium alternative to minivans like the Honda Odyssey and Chrysler Pacifica.
Less was said about the VLS, but the 'S' in the name hints at a spacious model that will have much more luxurious accommodations; think of it as the S-Class of vans.
"The VLS will define a unique segment of its own that bestows true greatness to automotive luxury," said Mercedes. "For the first time, Mercedes-Benz will offer all-electric midsize luxury vehicles in the U.S., Canada, and China (Grand Limousines)."
Both models will ride on the new scalable Van Architecture - also known as VAN.EA, previewed last year - coming in 2026, which accommodates both luxury-focused Grand Limousines and more commercial-type vans.
Considering the renewed interest in minivans in America, it looks like there is justification for the VLE and VLS to be sold here.
Related: It's The Year 2000 Again As Minivans Soar In Popularity
Two VLE test vehicles were tested over a distance of 683 miles, from Stuttgart to Rome. They only required two 15-minute charging stops to complete the journey. A mix of long highway stretches, packed rural roads, and cramped city streets tested the comfort and agility of the electric van, which is equipped with rear-axle steering to improve maneuverability.
"Our future MPVs have once again impressively demonstrated their suitability for everyday use on the long-distance route," said Dr. Andreas Zygan, Head of Development at Mercedes-Benz Vans. "With just two short charging stops from Stuttgart to the Alps to Rome - the Mercedes-Benz VLE demonstrates the impressive efficiency of the new Van Electric Architecture."
Related: Every minivan you can buy in America in 2025
The VLE was almost completely covered in a camo wrap, but the narrow greenhouse and high beltline give it a less utilitarian profile than the V-Class. Cut-outs in the rear body show that this model has practical sliding doors, so getting in and out in tight spots should be easier.
Pricing will be key, but it's possible that the new VLE will be cross-shopped with the Volkswagen ID.Buzz and even three-row electric SUVs such as the Kia EV9. The VLS, however, is unlikely to have any direct rivals.
We expect more information to follow about these vans as we get closer to 2026.
Copyright 2025 The Arena Group, Inc. All Rights Reserved.
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Coming to a 401(k) near you: Private market assets
Coming to a 401(k) near you: Private market assets

CNBC

time21 minutes ago

  • CNBC

Coming to a 401(k) near you: Private market assets

Apollo Global Management CEO Marc Rowan told attendees at an investor conference last month that the day will soon come when private assets are accessible in Americans' retirement accounts. "I would expect at some point, in this administration's history or in the future, to be able to sell private markets into the 401(k) system," Rowan said on stage at the Morningstar Investment Conference in Chicago, Illinois, where the convergence of private and public markets was a major theme. Those comments come as no surprise from the billionaire CEO, who has long stressed the growing importance of private markets in investing. However, the idea is reaching a tipping point. Private market exposure in 401(k) plans was considered permissible in 2020, when the Department of Labor under the Trump administration issued an information letter indicating it could be appropriate for defined contribution plans under certain conditions. The guidance was later affirmed by the Biden-directed agency. But its presence is starting to expand. Asset managers and plan sponsors have created products for retirement vehicles in which Americans collectively hold roughly $8.7 trillion in assets, according to data on 401(k)s at the end of the first quarter of 2025 from the Investment Company Institute . In June, BlackRock, the world's largest asset manager, said it's launching a 401(k) target date fund in the first half of 2026 that will include a 5% to 20% allocation to private investments. In May, Empower, the country's second-largest retirement plan provider, said it's joining asset managers such as Apollo to start allowing private assets in some accounts later this year. Those developments come amid a broader push under Trump's second term in office to expand the definition of "accredited investors" to allow more people to invest in private markets through their 401(k)s. Within the retirement plan industry itself, the conversation is reaching a fever pitch. 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Break even at the casino? You may still owe taxes.
Break even at the casino? You may still owe taxes.

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Break even at the casino? You may still owe taxes.

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Dave Ramsey shares harsh truth about bankruptcy, mortgages, and buying a home
Dave Ramsey shares harsh truth about bankruptcy, mortgages, and buying a home

Miami Herald

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Dave Ramsey shares harsh truth about bankruptcy, mortgages, and buying a home

As the cost of living rises and wages stagnate, many Americans struggling to balance financial obligations. Household debt levels have been on the rise for the past few decades, as younger generations try to balance paying off student loans, saving for retirement, and buying a home in a difficult housing market. Bankruptcy rates have risen over the past decade, driven by more households battling unmanageable debt and the threat of housing foreclosure. Don't miss the move: SIGN UP for TheStreet's FREE daily newsletter Most consumers seeking debt relief file for Chapter 7 bankruptcy (involving liquidating assets to repay creditors) and Chapter 13 bankruptcy, which reorganizes debt to be repaid within 3 to 5 years. While bankruptcy may be the best option for those facing insurmountable debt, it may also damage your credit score and prevent you from getting a mortgage and buying a home in the future. Dave Ramsey reveals how filing for bankruptcy can impact your financial standing in the long run. Image source: Shutterstock Credit scores are one of the biggest financial indicators lenders look at when assessing mortgage applications. A credit score not only demonstrates your ability to repay debt, but also strongly influences the interest rate you'll receive on a mortgage loan. Homebuyers with lower credit scores are deemed higher risk, and typically require a higher down payment to offset the heightened liability. Since bankruptcy involves getting debts discharged, it signals to lenders that a person may have trouble managing their debts going forward. Though the process may make sense overall financially, Experian estimates it takes an average of 200 points off of a credit score. More on personal finance: Chase revokes a major privilege customers love in 'calculated' moveDave Ramsey warns Americans on a homebuying mistake to avoid nowConcerning new trend poses major risk to Americans' financial securityMajor student loan change from White House may impact your debt "We won't sugarcoat it: bankruptcy is a devastating, life-altering decision that drags you through the legal mud for all to see. Beyond the emotional impact, here are some ways bankruptcy can wreck you financially," Ramsey said. He warns that consumers may be dealing with the fallout from bankruptcy up to a decade after filling. "It's important to know that a bankruptcy will affect your FICO score. Hard. And that hit lingers. In fact, Chapter 13 bankruptcies stay on your credit report for about seven years, and Chapter 7 bankruptcies stay on there for 10 years," he continued. The mortgage loan application process can be burdensome, involving employment history, proof of income, and the borrower's debts and credit score. Filing bankruptcy significantly hurts a consumer's credit score, making it difficult for homebuyers to get approved for mortgage loans or obtain a competitive interest rate. Ramsey explains that it will take several years for anyone who has filed for bankruptcy to financially recover and get approved for a mortgage. Related: Dave Ramsey predicts major mortgage rate changes are coming soon "A bankruptcy is a huge red flag for mortgage lenders. While it's not impossible to buy a home after going through bankruptcy, it could take one to four years before anyone will even think about letting you take out a mortgage," Ramsey continued. While each family's financial circumstance is unique, most Americans will find buying a home is far more difficult after bankruptcy. "How soon you can qualify again depends on the type of bankruptcy you filed and the type of mortgage." Related: Veteran fund manager unveils eye-popping S&P 500 forecast The Arena Media Brands, LLC THESTREET is a registered trademark of TheStreet, Inc.

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