The collaboration with the Shanghai Fashion Week underscores the strong confidence of Mercedes-Benz Group AG in the China market, said senior executives of the company. "We love China, and we love ...
Audi is making a big change to its branding for the Chinese market with a new logo that lacks the automaker’s famous ...
Audi's newest concept has a familiar name—the Audi E—but a very different vibe. This electric wagon is aimed at winning back sales in the Chinese market. It's a joint venture with China's SAIC and not ...
Toyota and BMW reported sinking profits on Wednesday, with sales in China slumping as both face growing competition from ...
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 of automotive refinement, but swooning sales and profits underscore how even the lucrative upscale end of the car market is feeling the heat from ...
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 ...
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 that ...
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 ...