For years, consumers in China bought more Mercedes S-Class sedans than anywhere else and the country was one of the few markets where the brand’s ultra-luxury Maybach was in demand. A downturn ...

Mercedes-Benz Group AG was once a standard-bearer ... the lucrative upscale end of the car market is feeling the heat from China. Manufacturers led by BYD Co. have opened a new front in the ...

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. The company’s key gauge of profitability slid to 4.7% in ...

fierce competition for slump Says will fight for market share in China, pledges cost cuts Oct 25 (Reuters) - Mercedes-Benz (MBGn.DE), opens new tab will step up cost cuts after earnings halved in ...

The poor results were due to a "challenging market environment and fierce competition, particularly in China", the auto manufacturer said. Mercedes chief financial officer Harald Wilhelm conceded ...

Mercedes-Benz will step up cost cuts after earnings halved in the third quarter hit by tepid demand and fierce competition in ...

Impact Link Europe's automakers are struggling amid falling demand and increased competition from China, with Mercedes-Benz the latest to sound the alarm over plunging EV sales. The German ...

Mercedes-Benz, which counts China's Beijing Automotive Group and Geely Chair Li Shufu as its two top shareholders, has called the tariffs a "mistake", urging the European Commission to delay their ...

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. The company’s key gauge of profitability slid to ...

(Reuters) - 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 ...