Mercedes cut its profit forecast following BMW as German auto makers reel from slowing home sales, China competition and ...
Mercedes-Benz’s all-important China motor is sputtering. The $64 billion luxury carmaker warned of collapsing earnings and ...
Mercedes-Benz cut its full-year profit margin target for the second time in less than two months, hitting European auto ...
The company's profit warning is a setback for Mercedes’ push further upmarket and yet another warning sign for Germany’s ...
Mercedes shares fell more than 8% Friday after the German carmaker cut its 2024 guidance on the back of weaker demand from ...
Mercedes-Benz Group MBG-6.81%decrease; red down pointing triangle unwound a bet on China’s electric-vehicle market, selling its remaining 10% stake in premium EV and hybrid maker Denza to BYD in ...
Mercedes-Benz Group shares fell 8% on Friday after the German carmaker made another cut to its full-year guidance, citing a ...
Top-end German carmakers have joined expensive French handbags among the products hit by weak consumer sentiment in the ...
Chinese automaker BYD Co. has moved to fully control a joint venture it had in China with Mercedes-Benz Group AG, as an increasing number of foreign carmakers dial back their exposure to the world ...
(Bloomberg) -- Chinese automaker BYD Co. has moved to fully control a joint venture it had in China with Mercedes-Benz Group AG, as an increasing number of foreign carmakers dial back their ...
BYD has moved to fully control a joint venture it had in China with Mercedes-Benz, as an increasing number of foreign automakers dial back their exposure to the world’s biggest auto market.
Investing.com -- Mercedes Benz Group AG (ETR:MBGn) cut its earnings outlook on Thursday as the luxury automaker grapples with softer demand amid China-led macroeconomic weakness. The company ...