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 ...
Top-end German carmakers have joined expensive French handbags among the products hit by weak consumer sentiment in the ...
Mercedes-Benz Group AG shares fell the most in four years after a deepening slowdown in China prompted the world’s biggest ...
German auto giant Mercedes-Benz is recalling more than half a million cars in China due to a technical defect. The Chinese ...
Mercedes-Benz Group shares fell 8% on Friday after the German carmaker made another cut to its full-year guidance, citing a slowdown in car sales caused by a slump in China's economy. The ...
Mercedes-Benz attributed the forecast adjustment to "a further deterioration of the macroeconomic environment, mainly in China," noting “weaker consumption as well as the continued downturn in ...
Slowing growth momentum in China hits luxury carmaker Mercedes-Benz Cars now sees profit margin at 7.5-8.5% Shares near two-year low BERLIN, Sept 20 (Reuters) - Mercedes-Benz (MBGn.DE), opens new ...
WSJ’s Yoko Kubota traveled to the city of Hangzhou to see the impact of China’s EV boom. Photo: The Wall Street Journal China’s weak consumer economy has claimed another victim: luxury cars.
Mercedes-Benz Group AG shares fell the most in four years after a deepening slowdown in China prompted the world’s biggest luxury-car maker to cut its outlook. The stock slid as much as 8.4% in ...
Mercedes-Benz Group shares fell 8% on Friday after the German carmaker made another cut to its full-year guidance, citing a slowdown in car sales caused by a slump in China’s economy.
China’s weak consumer economy has claimed another victim: luxury cars. Mercedes-Benz late Thursday became the second luxury carmaker in as many weeks to cut its earnings guidance for the year.