Mercedes’ China motor hits one of two roadblocks
Mercedes-Benz’s all-important China motor is sputtering. The $64 billion luxury carmaker warned of collapsing earnings and ...
DPA International on MSN11h
German auto giant Mercedes-Benz recalls half a million cars in China
German auto giant Mercedes-Benz is recalling more than half a million cars in China due to a technical defect. The Chinese ...
BYD Moves to Full Control of Mercedes-Benz Venture in China
Chinese automaker BYD Co. has moved to fully control a joint venture it had in China with Mercedes-Benz Group AG, as an ...
Mercedes-Benz cuts margin outlook on weak Chinese market, shares fall
Mercedes-Benz cut its full-year profit margin target for the second time in less than two months, hitting European auto ...
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Germany’s Mercedes-Benz lowers forecast due to weakness in China
German high-end carmaker Mercedes-Benz on Thursday lowered its guidance for the 2024 financial year, citing a deterioration ...
Mercedes-Benz Group Cuts Full-Year Outlook, Citing Macroeconomic Deterioration
The German luxury carmaker said the move was triggered by the further deterioration of the macroeconomic environment, ...
Yahoo Finance1d
Mercedes-Benz cuts full-year forecast on declining China sales
Mercedes-Benz Group AG (MBG.DE, MBGAF) is cutting its full-year sales forecasts, now revising it lower to a range of 7.5% ...
Mercedes CEO Vows Moves to Boost Returns After Profit Warning
Mercedes-Benz Group AG Chief Executive Officer Ola Källenius pledged he’ll do whatever it takes to bolster returns after the ...
Mercedes-Benz Sells Out of China EV Maker as Luxury Spending Drops
Mercedes-Benz has sold its remaining 10% stake in premium EV and hybrid maker Denza to BYD in the wake of disappointing sales ...