The Mercedes-Benz S-class cabriolet. (Photo credit DANIEL ROLAND/AFP via Getty Images) The Financial Times Lex column said upmarket German automakers are having a bad time in China where an ailing ...
Mercedes-Benz Group AG said it would step up cost improvement measures after its carmaking margin dropped amid fierce ...
The 2026 V-Class will be “the S-Class of vans,” a Mercedes-Benz board member told MotorTrend last year. And in addition to Europe and China, that board member said, the U.S. is regarded as a ...
Mercedes chief financial officer Harald Wilhelm conceded that the earnings "do not meet our ambitions". Germany's auto titans are struggling in China, one of their most important markets ...
Volkswagen is mulling the closure of factories in Germany for the first time to cut costs, while rivals BMW and Mercedes-Benz ...
Worst return on sales since pandemic in key car unit Blames weak China, fierce competition ... which has in particular weighed on Mercedes's lucrative high-end S-Class model sales in the country.
EBIT fell to €2.517 billion from the previous year's €4.842 billion ... supported by the availability of the G-Class, the Mercedes-AMG E-Class, Mercedes-AMG GT and the SL.
and Mercedes’ deliveries declined 13% amid poor demand for its priciest cars, including S-Class and Maybach limousines. Porsche’s sales in China tumbled 19% to its worst third-quarter ...
(Reuters) - Mercedes-Benz will step up cost cuts after earnings halved in the third quarter hit by tepid demand and fierce competition in China ... Mercedes's lucrative high-end S-Class model ...
BMW posted its steepest sales drop there in more than four years, a 30 per cent plunge, and Mercedes’ deliveries declined 13 per cent amid poor demand for its priciest cars, including S-Class and ...
Ryan Xu was a dream customer for Germany’s automakers. The Guangdong-based entrepreneur and her husband own a Porsche 911 and a Mercedes-Benz G-Class and were among the first buyers of the ...