Mercedes flags more margin pressure ahead, tough road in China
[STUTTGART, Germany] Mercedes-Benz said on Thursday (Feb 12) that the profit margin at its autos division could fall further this year,…
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[STUTTGART, Germany] Mercedes-Benz said on Thursday (Feb 12) that the profit margin at its autos division could fall further this year,…
Western brands long dominated the Chinese market for premium cars, generating healthy profits as the population became richer…
[BERLIN/FRANKFURT] German carmaker Mercedes-Benz on Wednesday (Oct 29) reported stronger than expected margins at its core autos business…
The executive director of a Missouri nonprofit allegedly misappropriated $10 million that was meant to feed low-income children. Instead,…
Mercedes-Benz Group’s China sales tumbled 27 per cent in the third quarter to their lowest level in almost a decade as luxury demand in…
German luxury automaker Mercedes-Benz is sticking with its premium strategy in its main market China, where a brutal pricing war has cost…
Automakers in the US and Europe raised concerns about China’s export controls on rare earth metals, as Beijing’s move threatens to disrupt…
Mercedes-Benz has announced a partnership with Sony Pictures Entertainment, IMAX Corporation, ad DTS, Inc. to offer IMAX Enhanced movies…
Reality is changing. The views drivers and passengers have as a car is driven down the road is being enhanced by technology. Augmented…
By the time Scout Motors brings the Traveler SUV to market, its competition will have already been there, done that. Jeep, Ford, Rivian,…
RYAN Xu was a dream customer for Germany’s automakers. The Guangdong-based entrepreneur and her husband own a Porsche 911 and a…