Maybach News

German auto and truck giant Daimler, maker of Mercedes-Benz cars, said on Thursday it achieved record sales and profits in 2011, but warned that earnings will be flat this year.

Daimler is shuttering Maybach in 2013 after seven years of production. In that time, the company's ultra-ultra-luxury arm managed to sell just 3,000 units, and CAR reports Daimler lost somewhere around $500,000 on each and every one of them.

The multilayer top on the Fiat 500c folds backwards allowing the same skyward view for all four passengers and it costs 1A1 2 percent of what a Maybach Landaulet does.

Now that Maybach 's fate has been sealed, German-owned British luxury brand Bentley is hoping to step in as the default go-to premium brand for the world's rich and famous .

What rhymes with Mulsanne? We're not sure, but we'll likely soon find out: it's been reported that Bentley is now aggressively courting former Maybach fans and owners, including rapper Jay-Z and actor Samuel L. Jackson.