Mercedes-Benz Group AG plans to step up cost reductions after fierce competition and weaker demand in China hit the ...
German premium automaker Mercedes-Benz on Friday said third-quarter earnings in the core car division plunged by 64%, ...
Mercedes-Benz and BMW this week launched the first public electric vehicle (EV) charging station in China under their Ionchi ...
BERLIN, Oct 2 (Reuters) - Mercedes-Benz CEO (MBGn.DE), opens new tab Ola Kaellenius said ending the crisis in consumer sentiment in China was the ... Shares in VW's truck unit Traton jump after ...
Her assessment isn’t isolated. As China moves away from combustion-engine cars, Volkswagen AG, Mercedes-Benz Group AG and BMW AG are struggling to offer electric vehicles that appeal to ...
BMW AG and Mercedes-Benz Group AG saw car sales slump in China in the third quarter as weak consumer sentiment in their biggest market weighed on luxury spending. Deliveries of BMW and Mini ...
Mercedes-Benz CEO Ola Kallenius is in China this week on a mission to expand local technology partnerships that could help the automaker turn around a sales decline in the market. Kallenius ...
Mercedes-Benz Group Q3 sales dip as carmaker flags soft demand in China CFRA cuts Lululemon rating to Hold amid inventory concerns GSK surges 6.5% after $2.2 billion Zantac lawsuits settlement ...
“The EU should seek a negotiated solution with China instead of imposing tariffs,” Mercedes-Benz Chief Executive Officer Ola Källenius said in a statement Wednesday. A ‘no’ vote from the ...
Sluggish demand and stiff competition in China hit third quarter sales at BMW and Mercedes, the German luxury automakers said on Thursday (Oct 10). The German car sector is facing multiple challenges, ...
The consolidation of China's EV sector was leading to "cash burn and value destruction" affecting companies at the upper end, Kaellenius said, speaking at the Global Dialogue conference in Berlin.
Her assessment isn’t isolated. As China moves away from combustion-engine cars, Volkswagen AG, Mercedes-Benz Group AG and BMW AG are struggling to offer electric vehicles that appeal to customers in ...