Business
Mercedes-Benz spins out Silicon Valley chip group into new company
Athos Silicon intends to raise venture capital from other investors. Mercedes-Benz on Friday (Sep 26) spun out into a new company a group…
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MercedesBenz
Business
Mercedes-Benz offloads Nissan stake for US$325 million
The pension trust of German automaker Mercedes-Benz has sold its entire stake in Japan’s Nissan Motor for US$324.65 million, a source with…
Business
Mercedes-Benz profit plunges on tariff, China woes
Premium German carmaker Mercedes-Benz said Wednesday (Jul 30) its second-quarter profit plunged nearly 70 per cent due to US tariffs and…
Business
Mercedes-Benz plans workforce cuts in China by 2027
Mercedes-Benz might be the next German automaker to lose out in the Chinese market. According to a recent Reuters report from an anonymous…
News
Mercedes-Benz car sales drop as China, EV slump take toll
MERCEDES-Benz Group car sales dipped last year as the German luxury-auto maker struggled with weak demand for pricey models in China and…