German auto manufacturer Mercedes-Benz fell sharply on the Frankfurt Stock Exchange on Friday after the group lowered its outlook on the back of weak sales in its key Chinese market.
Frankfurt Germany - Germany wants to support Volkswagen and help it avoid factory closures but the ailing car giant will have ...
Volkswagen said earlier this month it needed significant restructuring to stay competitive, and was considering shutting ...
While Mercedes has had good union relations with its German workforce, the employees elect half of the supervisory board members. Heavily unionized workforces tend to limit profit because of wage ...
Mercedes-Benz’s all-important China motor is sputtering. The $64 billion luxury carmaker warned of collapsing earnings and ...
With lithium prices dropping and competition growing, automakers are adjusting to slower growth in the electric vehicle ...
I drove the 2024 Mercedes-Benz E450 4Matic sedan and was impressed by its mild-hybrid engine, refined cabin, and immersive ...
Mercedes-Benz Group shares fell 8% on Friday after the German carmaker made another cut to its full-year guidance, citing a ...
Benz Group AG cut its financial forecast for the year due to a rapid deterioration of its business in China, marking the ...
The Tesla Model 3, VW ID7 and BYD Seal are propping up the midsize segment, while big declines for the Tesla Model Y and Kia ...
The STOXX 600 Autos and Parts index is among this year's worst performers. Analysts predict a 13.6% earnings drop in 2024, a ...
A new executive chauffeuring and transport company with an all-electric fleet has launched in Cumbria this summer ...