Mercedes-Benz Slashes Profit Target Again, Blaming Slowing China Market
Mercedes-Benz’s profit outlook has taken a hit as China’s luxury car market slows. Shares plummet 7.5%. Mercedes-Benz has joined a growing chorus of automakers facing headwinds in China,cutting its full-year profit margin target for the second time in less than two months.
Benz Group AG called for an easing of emissions rules and is backing Mario Draghi’s proposals to boost European ...
Adjusted returns from Mercedes' main cars unit are now expected in a range of 7.5 to 8.5 percent, compared with a prior ...
"Mercedes cuts profit margin target again" was originally created and published by Just Auto, a GlobalData owned brand.
Mercedes-Benz has sold its remaining 10% stake in premium EV and hybrid maker Denza to BYD in the wake of disappointing sales ...
Mercedes-Benz Korea CEO Mathias Vaitl talks with press after meeting with a group of residents whose cars were destroyed by a ...
German auto giant Mercedes-Benz is recalling more than half a million cars in China due to a technical defect. The Chinese ...
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