Mercedes-Benz on Thursday announced further cost-cutting and more petrol and diesel cars than EVs in its new product range, ...
Mercedes-Benz stock fell in overseas trading after the German auto maker reported better-than-expected earnings but gave an ...
Mercedes-Benz Group AG expects its carmaking margin to drop to as low as 6% this year as it grapples with fierce competition ...
French automaker Renault reported a record operating profit for 2024 on Thursday (February 20), while German automaker ...
CEO Ola Källenius spoke to reporters after the company's quarterly earnings report and signaled the automaker is open to ...
REVENUE FORECAST: The German luxury-car company's group revenue is expected at 38.12 billion euros ($39.82 billion), according to a FactSet analyst poll, down from 40.26 billion euros in the fourth ...
Mercedes-Benz expects earnings to fall significantly this year and outlined plans to boost competitiveness that includes a 10% cut to production costs over the next couple of years. "To ensure the ...
Bad EV sales performance has forced Mercedes to reinvest in traditional combustion powertrains and give all cars lookalike ...
The Cybercab was unveiled last October at a glitzy event at a Warner Bros. studio in Burbank, Calif. It's a battery-powered ...
Sees FY25 return on sales for cars up 6%-8%, vans up 10%-12%, and mobility up 8%-9% compared to last year. Sees R&D expenditure in cars at ...
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