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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-Benz to ramp up cost-cutting after profit drops by 50%
The German automaker cut its full-year profit margin twice during the third quarter, down to 4.7% from 12.4% a year before, as European car companies see their sales falter amid a weak Chinese
Mercedes Profits Hit by Competition, China Slump
Yeah, Tom, it's got to be that margin target, the return on sale that is absolutely missed and a really very big wave for Mercedes Benz. So listen, the market was expecting about 8%, a little bit over 8% on margins coming in at 4.
Valtteri Bottas would ‘consider’ a return to Mercedes
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 future Audi team, drop him at the end of the season.
Valtteri Bottas Hints at Reserve Driver Role with Former F1 Team
Valtteri Bottas is considering a reserve driver position with Mercedes while evaluating his future amid Sauber's change to the Audi F1 team in 2025.
Valtteri Bottas hints at Mercedes return amid uncertain future
Valtteri Bottas has raised the possibility of returning to the Mercedes Formula 1 team in a reserve role if Sauber, the future Audi team, drop him at the end of the season.
1h
Mercedes EV Sales Plunge 31% In Q3, Sending Profits Into A Tailspin
That’s a ton of electric vehicles and they’re coming back to haunt the luxury brand as third quarter sales of EVs plummeted ...
3h
Test-Driving A Mercedes-Benz 300 SEL 6.3, Steve McQueen’s Ideal Sedan
One drive in a 1971 Mercedes-Benz 300 SEL 6.3 at Monterey Car Week, almost a twin of Steve McQueen's favorite sport sedan, ...
10h
Mercedes to step up cost cuts after earnings halve
German premium automaker Mercedes-Benz on Friday said third-quarter earnings in the core car division plunged by 64%, ...
11h
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 ...
11h
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 ...
4h
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 ...
15h
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 ...
16h
on MSN
Mercedes car earnings plunge as China shuns luxury
By Andrey Sychev (Reuters) -German premium automaker Mercedes-Benz on Friday said third-quarter earnings in the core car ...
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 ...
1h
on MSN
6 Non-Mercedes Cars That Use Mercedes-AMG Engines
AMG has a longstanding reputation for building great engines, which have appeared in far more models than just those ...
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