Mercedes-Benz Group AG said it would step up cost improvement measures after its carmaking margin dropped amid fierce ...
The next Mercedes CLA will feature a China-built 2.0L engine developed by Geely and Renault, then fine-tuned in Germany. This ...
Mercedes CEO Ola Källenius jumps behind the wheel of next year’s CLA and drops a few hints about the Tesla Model 3 rival ...
BMW, Mercedes-Benz and Porsche have suffered sliding sales in the world's largest car market amid rising competition from ...
Mercedes-Benz will step up cost cuts after earnings halved in the third quarter hit by tepid demand and fierce competition in ...
Volkswagen is mulling the closure of factories in Germany for the first time to cut costs, while rivals BMW and Mercedes-Benz ...
Europe's automakers are reeling from plunging EV sales and brutal competition in China. Mercedes-Benz became the latest to ...
Porsche AG is weighing cost cuts and reviewing its model lineup after a slump in sales of its sports cars in China caused ...
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 ...
Germany's Daimler Truck said on Tuesday it was assessing the future of its China operations as a recovery in the Chinese ...
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 ...