Mercedes Also Hit By Weak Sales, China Competition, Faltering EVs
Mercedes cut its profit forecast following BMW as German auto makers reel from slowing home sales, China competition and ...
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Mercedes Adjusts Sales Forecast, Cites Weak Demand in China, Real Estate Troubles
Mercedes-Benz shares dropped 8% Friday after the automaker cut its 2024 guidance, citing weak demand in China and ongoing ...
Mercedes-Benz cuts guidance on slump in China’s economy
Mercedes-Benz Group shares fell 8% on Friday after the German carmaker made another cut to its full-year guidance, citing a ...
Mercedes slumps after warning China rout is hurting profits
The company's profit warning is a setback for Mercedes’ push further upmarket and yet another warning sign for Germany’s ...