Mercedes-Benz shares fall as German carmaker lowers full year outlook
The German carmaker’s shares started Friday with an almost 7% drop as the company significantly cut its expected results for the full year because of weakness in Chinese demand for its vehicles. View
Mercedes-Benz cuts margin outlook on weak Chinese market, shares fall
Mercedes-Benz cut its full-year profit margin target for the second time in less than two months, hitting European auto stocks as it joined a growing number of rivals that are blaming a weakening Chinese car market,
Mercedes-Benz cuts guidance on slump in China’s economy
Mercedes-Benz Group shares fell 8% on Friday after the German carmaker made another cut to its full-year guidance, citing a slowdown in car sales caused by a slump in China’s economy. The Stuttgart company said the cut to its outlook,
Live news: Mercedes-Benz lowers full-year outlook on China’s economic ‘deterioration’
Mercedes-Benz lowered its full-year earnings outlook, blaming the weaker projections on China’s worsening macroeconomic conditions. The company on Thursday said its car division now anticipated the return on sales to be in the range of 7.
Mercedes Cuts Earnings Outlook as Auto Sales in China Falter
Mercedes-Benz Group AG cuts its financial forecast for the year as the luxury-car maker cited a rapid deterioration of its business in China.
Mercedes-Benz slashes forecast from 11% to 7.5% amid China's economy downturn
Mercedes-Benz Group AG cut its financial forecast due to a rapid deterioration of its business in China, marking the latest blow to Germany’s struggling industrial sector.
Mercedes-Benz Sells out of China EV Maker as Luxury Spending Drops
Mercedes-Benz Group sold its remaining 10% stake in premium EV and hybrid maker Denza to BYD in the wake of disappointing ...
Stellantis, Mercedes EV battery plant loses funding from Italy
The government has clashed repeatedly with Stellantis in recent months as the carmaker shifted production to lower-cost sites ...
Electrek7d
Mercedes, Factorial unveil new all-solid-state battery that can extend EV range by up to 80%
Mercedes is getting new all-solid-state EV batteries for its next-gen models. Developed with Factorial, its new ...
Repairer Driven News4d
Mercedes-Benz continues partnership to make EV batteries safer and more efficient
Factorial, a solid-state battery technology company, has worked with Mercedes-Benz to develop a new all-solid-state battery ...
Mercedes-Benz sees more Indian buyers choosing EVs as first luxury car
Mercedes-Benz is seeing a rise in the number of Indian buyers opting for electric vehicles as their first luxury car, the ...
Electrek7d
Mercedes will start testing EVs with solid-state batteries on the road ‘in a few months’
Mercedes-Benz is doubling down on solid-state EV batteries with ultra-long range and fast charging capabilities for its ...
autoevolution13d
Next-Gen Mercedes A-Class EV Rendered, Is It a Tesla Model 3 Killer?
While the Mercedes-Benz CLA will live to see a new generation in both ICE and EV guises, the A-Class is going away after 2026 ...
Mercedes-Benz EQA review: The electric GLA lags behind EV rivals
The Mercedes-Benz EQA is looking a bit uncompetitive these days. It’s still a nice EV experience, and the range is good, but ...
Automotive News3h
Mercedes slashes outlook in latest blow to German industry
Adjusted returns from Mercedes' main cars unit are now expected in a range of 7.5 to 8.5 percent, compared with a prior ...
HT Auto on MSN1d
Mercedes-Benz exits luxury EV joint venture with BYD, Chinese OEM takes control
Mercedes-Benz has sold its remaining 10% stake to BYD, giving the Chinese electric car giant full control of the joint ...
South Korea antitrust regulator probes Mercedes-Benz local unit after EV fire
South Korea's antitrust regulator has launched a probe into the local unit of Mercedes-Benz, an official at the Korea Fair ...
The Cool Down on MSN2d
Mercedes-Benz announces battery breakthrough that could extend EV range by hundreds of miles — here's how it could affect the automotive industry
At present, the EVs with the longest ranges that are commercially available top out at just above 400 miles. Mercedes-Benz ...