STUTTGART, Germany - "We need to be successful in China to be even more successful in the world," said the top executive of ...
Europe's automakers are struggling amid falling demand and increased competition from China, with Mercedes-Benz the latest to ...
Volkswagen is mulling the closure of factories in Germany for the first time to cut costs, while rivals BMW and Mercedes-Benz ...
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 ...
Mercedes CEO Ola Källenius jumps behind the wheel of next year’s CLA and drops a few hints about the Tesla Model 3 rival ...
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 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 ...
A year earlier, it had been 12.4%. Mercedes is experiencing difficulties, particularly in China, because its expensive models are not performing as well as expected, and there is no improvement on ...
Compare the rugged Land Rover Defender P400 with the refined Mercedes V-Class, an off-road icon versus a ... Die Around 300 ...
The president-elect has said he could impose punitive tariffs on car imports from Mexico, a move that could hurt factories and workers on both sides of the border.
Europe's automakers are reeling from plunging EV sales and brutal competition in China. Mercedes-Benz became the latest to sound the alarm on Friday, posting a 31% drop in EV sales in its Q3 earnings.