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Mercedes Pledges Cost Cuts
Mercedes pledges cost cuts after China slump hits margin
Mercedes-Benz Group AG plans to step up cost reductions after fierce competition and weaker demand in China hit the luxury-car maker’s profits.
Mercedes Pledges Cost Cuts After Profitability Slumps
Mercedes-Benz Group AG said it would step up cost improvement measures after its carmaking margin dropped amid fierce competition in China, its most important market.
Mercedes to step up cost cuts after earnings halve
Mercedes-Benz will step up cost cuts after earnings halved in the third quarter hit by tepid demand and fierce competition in China, it said on Friday. The luxury carmaker cut its full-year profit margin target twice during the third quarter,
7h
on MSN
Mercedes-Benz electric car sales plunge by a third as Chinese competition and stuttering demand hit home
The German carmaker said it had seen a 31% drop in sales of battery-powered cars from a year earlier as it reported its Q3 ...
7h
on MSN
Mercedes-Benz Earnings Slump on Tough Economic Backdrop, Fierce Competition
Mercedes-Benz’s net profit halved in the third quarter as a tough economic backdrop and fierce competition in China hit ...
3h
Bottas open to Mercedes return in reserve role
Valtteri Bottas has raised the possibility of returning to the Mercedes Formula One team in a reserve role if Sauber, the ...
11h
European Stocks Fall as Remy, Mercedes Earnings Disappoint
European stocks slipped on Friday, with underwhelming earnings from big names like Remy Cointreau SA and Mercedes-Benz Group ...
3h
on MSN
Brabus Rocket GTS Is A $1 Million Mercedes Clown Shoe With 986 HP
Brabus' latest offering is more of a coachbuilt special than a tuning project, which explains the eye-watering price tag ...
2h
Mercedes-Benz sees FY24 revenue ‘slightly below’ prior-year level
Sees EBIT “significantly below” prior-year level; Sees free cash flow “significantly below” prior-year level. The ...
autoevolution
22h
Certain 2025 Mercedes GLB Vehicles Recalled Over Potentially Damaged Tires
A handful of 2025 model year Mercedes-Benz GLB 250 and Mercedes-AMG GLB 35 vehicles may have been produced with potentially ...
4d
Mercedes-Benz opens its own recycling facility for EV batteries
Today, Mercedes-Benz opened its first battery-recycling plant in Germany. The new plant will use an "integrated ...
3d
Mercedes-AMG C 63 S E Performance: A 4-Cylinder PHEV Powered By F1
What did Mercedes-AMG learn from Formula One racing to power the daily driver? The electric-boosted 4-cylinder C 63 S E ...
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