Showing posts with label certificate. Show all posts

U.S. Florida's C1 Bank Clients to Receive a New Mercedes‐Benz when opening a $1 Million deposit

By | Published Tuesday, 1 May 2012

Tampa Bay Buccaneers Pewter Partners, C1 Bank and Mercedes-Benz dealer, Crown Eurocars unite to offer what is quite possibly the most powerful banking product ever. Trevor Burgess, CEO of Community Bank announced today that, in conjunction with its name change to C1 Bank on May 1st and in partnership with Crown Eurocars, it will be offering a new five year $1,000,000 CD (Certificate of Deposit) product where the client will receive a brand new Mercedes-Benz from Crown Eurocars as pre‐paid interest. Clients will be able to choose from the 2012 SLK350 Roadster, 2012 E350 Sedan, 2012 ML350 SUV, and 2012 E350 Convertible.

C1 Bank CEO Trevor Burgess said, "C1 Bank is offering its clients the ability to drive off in their own brand new Mercedes-Benz just for moving their money to C1 Bank. In this interest rate environment where the five year CD has an APY of 1.20% it is thrilling to change the game with the instant gratification of a spectacular Mercedes-Benz that our client will own including tax, title, and license."

"Crown Eurocars is extremely excited about this innovative program and are pleased to join C1 Bank in this effort. In doing so, we look forward to this partnership further enhancing both our commitments to serving the Tampa Bay community," said Larry Casto, General Manager of Crown Eurocars.

"It's great to see two Pewter Partners join together to offer something truly extraordinary for their clients," said Tampa Bay Buccaneers Co‐Chairman Bryan Glazer. "We are proud to align our brand with innovative leaders and quality brands in the Tampa Bay community."

C1 Bank's 60 month Certificate of Deposit (CD) special with a minimum opening and required minimum balance of $1,000,000.00 is valid through July 31, 2012. Offer applicable to traditional certificate of deposit accounts only. Individual Retirement Account certificates of deposit are not eligible for this special offer. This offer is for a limited time and may be withdrawn at any time without notice. This offer is applicable for NEW funds and is available for Consumer deposits only.

Offer valid for Florida Residents only, age 18 years or older with a valid Florida driver's license. Offer is limited to two (2) Mercedes-Benz vehicles per household for this promotion. Subject to the terms and conditions of the deposit contract, C1 Bank will pay a pre‐calculated interest rate of 1.19% withan annual percentage yield ("APY") of 1.20% in advance on deposited funds at the completion of account opening. The 1.20% APY is available for new accounts only opened on or before May 31, 2012. For new accounts opened after May 31, 2012 the interest rate and APY will be based on the 60 month interest rate offered in connection with this promotion at the time the account is opened and compounded daily. The precalculated interest in advance amount $61,294.00 based on the 1.20% APY available through May 31, 2012, can only be used towards the purchase of one of four (4) specific Mercedes-Benz vehicle models from Crown Eurocars Inc. with a MSRP of $59,585.00 and includes $3,488.34 sales tax, $687.70 delivery fee, $2.50 Florida Lemon Law fee, $6.50 Florida tire and battery fee, $500.00 registration/tag and $24.00 electronic filing fee with a total purchase price, net of $3,000.00 discount, of $61,294.04. Client will be responsible for any other fees or charges incurred in connection with purchase. The four (4) promotional models available for purchase are the 2012 SLK350, E350, ML350, or E350 Convertible, subject to dealer availability and with a $59,585.00 MSRP. Client may select vehicle from available inventory designated by Crown Eurocars Incorporated. If Client selects vehicle from other inventory of Crown Eurocars Incorporated, Client will be responsible for the difference between the pre‐calculated interest in advance amount and the purchase price of the vehicle and any related increase in taxes, fees and other costs associated with the purchase of the vehicle. Vehicle color and options subject to availability. Vehicle may only be registered in the name of the Primary account owner and cannot be exported to any location outside of the continental United States for a period of 12 months from the date of purchase and delivery. Client will be responsible for Insurance, Warranties, Licenses, and any other fees and costs not covered under the terms and conditions of this promotion. Client is responsible for taking delivery of the vehicle at Crown Eurocars Incorporated located at 6001 34th St N Saint Petersburg, FL 33714. Pre‐calculated interest earned and paid in advance on the CD may be subject to applicable State or Federal taxes.

C1 Bank will issue a same year (2012) 1099‐INT Interest Statement for pre‐calculated interest earned. Client should consult and discuss any taxation issues with a tax advisor. FDIC deposit insurance covers the standard deposit insurance amount of $250,000.00 per depositor, per insured bank, for each account ownership category, as provided by applicable law. FDIC Insurance Coverage can be calculated using the FDIC's online Electronic Deposit Insurance Estimator (EDIE) at: www.fdic.gov/edie. Significant early withdrawal penalties will apply to the certificate of deposit available through this promotion. The principal amount will be reduced by any penalty for the early withdrawal of funds. In the event of early withdrawal, C1 Bank will deduct from the $1,000,000.00 principal amount deposited the amount of the pre‐calculated, pre‐paid interest paid in advance and specifically used for a Mercedes-Benz vehicle purchase from Crown Eurocars Incorporated, including any delivery, tax and costs paid with such interest ($61,294.04). In addition to the early withdrawal penalty, C1 Bank will also deduct an early withdrawal fee of $3,000.00 from the $1,000,000.00 principal amount deposited. The early withdrawal penalty and the early withdrawal fee could reduce the earnings on your certificate of deposit account. Partial withdrawals are not allowed. Once the CD is opened, client agrees to be bound by the terms and conditions of the promotional offer and deposit account agreement during the 60‐month term of the CD and even after the account is closed. At maturity of the full term with no exceptions or withdrawals, the client is entitled to receive from C1 Bank the $1,000,000.00 principal amount of deposited funds only. The CD is not auto‐renewable.In addition, by accepting the terms and conditions of the promotional offer, the primary account holder forever releases and holds C1 Bank and CBM Florida Holding Company and Crown Eurocars Inc. harmless from any and all liability for any injury, loss or damage of any kind to persons, including death, and property arising in whole or in part, directly or indirectly, from acceptance, possession, use or misuse of the vehicle, or participation in the offer.

This promotion and agreement will be governed by the laws of the State of Florida and applicable federal laws and regulations. C1 Bank is not responsible for any incorrect or inaccurate information provided in advertising. C1 Bank reserves the right to cancel or modify this offer at any time without notice. Please visit C1 Bank for full terms and conditions of this limited time promotional offer. Vehicle color is subject to availability.


Credits: Mercedes-Benz USA / C1 Bank

Copyright © 2012, Mercedes-Benz-Blog. All rights reserved.

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Environmental Certificate for the new Mercedes-Benz B-Class

By | Published Wednesday, 25 January 2012

B 180 BlueEFFICIENCY produces 16 percent less CO2 emissions than its predecessor

The neutral inspectors at the TÜV Süd technical inspection authority have confirmed the high environmental compatibility of the new Mercedes B-Class, awarding the compact sports tourer the Environmental Certificate in accordance with ISO standard TR 14062. This certification is based on a comprehensive ecological life cycle assessment of the B-Class, documenting every detail of ecological relevance.


"The new B-Class is the first model of a completely new generation of compact vehicles from Mercedes-Benz. It sets clear benchmarks in two fields which are crucial to efficiency – aerodynamics and the drive system," explains Professor Dr Herbert Kohler, Chief Environmental Officer at Daimler AG. "The high level of environmental compatibility goes beyond reductions in fuel consumption, as the Environmental Certificate in accordance with ISO standard TR 14062 now confirms."

Mercedes-Benz analyses the environmental compatibility of its models throughout their entire life cycle – from production through their long years of service to recycling at the end of their lives. This analysis goes far beyond the legal requirements. The Environmental Certificate and supplementary information are made available to the public in the "Life Cycle" documentation series, which can be found at http://www.mercedes-benz.com .

Over the entire life cycle of the Mercedes-Benz B-Class – from production and service over 160,000 kilometres to recycling – the new model in the guise of the B 180 BlueEFFICIENCY with 7G-DCT dual clutch transmission causes 16 percent less CO2 emissions than its predecessor when the latter was discontinued in 2011. The energy balance shows a similarly positive picture, with primary energy consumption over the vehicle's entire life cycle cut by 14 percent in comparison to its predecessor. This corresponds to the energy content of around 2400 litres of petrol.

The marked reductions in fuel consumption represent a substantial contributory factor here. By way of example, the fuel consumption of the B 180 BlueEFFICIENCY petrol model with dual clutch transmission ranges – depending on the fitted tyres – from 5.9 to 6.2 l/100 km in comparison to 7.3 to 7.5 l/100 km for its predecessor (at the time of its discontinuation in 2011). This corresponds to a substantial reduction in fuel consumption of up to 19 percent. These fuel savings are ensured by an intelligent package of measures – the so-called BlueEFFICIENCY technologies. These include optimisation measures in the area of the powertrain, energy management, aerodynamics, tyres optimised for minimum rolling resistance, weight reduction through lightweight construction and driver information to encourage an energy-saving style of driving. An outstanding drag coefficient of Cd = 0.26 places the new B-Class at the forefront of its market segment.

The B-Class already meets the recycling rate of 95 percent by weight which will be mandatory as of 1 January 2015. In all, the B-Class incorporates 75 components representing a total weight of 39 kilograms which can be produced with the partial use of high-quality recycled plastics. This results in a 13 percent increase in the weight of approved recycled components in comparison to the previous model. Typical areas of use are wheel arch linings, cable ducts and underbody panels, which consist for the most part of polypropylene.

There is also an increased emphasis on closed automobile materials cycles: a recyclate is used for the front wheel arch linings, for example, which is produced from reprocessed vehicle components such as starter battery housings, bumper panels from the Mercedes-Benz Recycling System (MeRSy) and production waste from cockpit units.

21 components in the B-Class, representing a total weight of 20 kilograms, are produced using natural materials – an increase of 29 percent over the previous model. Natural materials employed in series production of the new B-Class consist primarily of coconut and wood fibres and honeycomb cardboard in combination with various polymer materials.

The modular body-in-white concept means that the B-Class is designed to accommodate versions with an alternative drive: appropriate interfaces in the body shell enable the main floor panel to be modified and a step to be produced for the "ENERGY SPACE" on the versions with alternative drive. An underfloor compartment covering part of the area under the rear bench seat offers space for alternative energy accumulators.

Credits: Daimler AG

Copyright © 2012, Mercedes-Benz-Blog. All rights reserved.

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TÜV Süd confirms high level of environmental compatibility: Environmental Certificate for the M-Class

By | Published Wednesday, 16 November 2011

To coincide perfectly with its market launch on 19 November 2011, the new M-Class has received a very special award: the premium SUV has become the first vehicle in its class to obtain the much sought-after environmental certificate in accordance with ISO standard TR 14062. With this approval, the independent examiners of the German TÜV Süd are honouring the commitment which the corporation is making to comprehensive environmental protection, an aspect which is firmly embedded in the operating guidelines for the entire Daimler Group. As part of these processes, the automotive manufacturer takes into account the effect which a vehicle has on the environment throughout its entire life cycle – from development via the production process and operation right through to disposal. The environmental certificate is therefore based on an exhaustive Life Cycle Assessment (LCA) for the M-Class.


Based on the ISO standard TR 14062, the certificate is valid for all models of the
M-Class. Using the Mercedes-Benz ML 250 BlueTEC 4MATIC by way of example, factors such as energy requirements and emissions over a distance of 250,000 kilometres were calculated. As a result of this, the SUV took the leading position in its market segment as a champion of efficiency: it consumes only 6.0 litres of diesel per 100 kilometres (158 g CO2/km) and, thanks to innovative SCR (Selective Catalytic Reduction) exhaust gas technology with AdBlue injection, already undercuts the EU6 guidelines planned to be introduced in 2014.

Compared with the previous model, the ML 300 CDI BlueEFFICIENCY 4MATIC from 2011, over its entire life cycle the new M-Class achieves 25 percent (18 tons) less CO2 emissions, 38 percent less nitrogen oxide emissions and, thanks to the lower fuel consumption and the use of SCR technology, primary energy savings of 24 percent. Compared with the previous model at the time of market launch in 2005, namely the ML 280 CDI 4MATIC, the savings are even greater: in this case it has been possible to reduce CO2 emissions by 32 percent (25 tons), nitrogen oxide emissions by 62 percent, and primary energy by 31 percent. The primary energy savings of 31 percent equate to the energy content of around 9800 litres of diesel fuel.

In addition to the ML 250 BlueTEC 4MATIC, impressively high efficiency results were also achieved by the ML 350 BlueTEC 4MATIC, as well as the petrol model, the ML 350 4MATIC BlueEFFICIENCY: compared with the previous models, the entire model range consumes an average of 25 percent less fuel.

The outstanding fuel economy figures achieved by the efficiency champion come courtesy of new development tools, including the "energy-transparent vehicle", for example. Developed by Daimler and used exclusively in the automotive industry, this process enables development engineers to examine the entire flow of energy throughout the vehicle (tank to wheel). The knowledge gained in this way can be used to optimise every single assembly that has an impact on fuel consumption, right down to individual components, such as wheel bearings.

Stable loop: recycling and natural materials in the M-Class

No less than 37 high-quality recyclate components have been approved for use in the M-Class. These include wheel arch linings, cable ducts, and under body panels. Wherever possible, recyclate materials are derived from vehicle-related waste streams. The aforementioned front wheel arches are made from recovered vehicle components, for example starter battery casing, bumper covers or process waste from cockpit production. Overall, the weight of these recycling parts has increased by 29 percent compared with the predecessor. This concept also contributes to the M-Class already being able to comply with the recycling rate of 95 percent which is due to be introduced throughout Europe from 2015.Renewable materials are used in 15 components in the M-Class. The total weight of components manufactured using renewable materials is 13.1 kilograms, a figure which has increased by 153 percent compared with the previous model. Renewable materials are mainly used in the interior of the M-Class, but there are also some technical applications: olive coke is used for the activated charcoal filter, which adsorbs hydrocarbon emissions from the tank and is constantly regenerated during driving operation.

The environmental certificate and a detailed description of what it entails have been made available to the general public in the form of the "Life Cycle" documentation series, which can be found online at www.daimler.com and www.mercedes-benz.com .

Source: Daimler AG

Copyright © 2011, Mercedes-Benz-Blog. All rights reserved.

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