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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, BMW Flash Warning Lights on China
Top-end German carmakers have joined expensive French handbags among the products hit by weak consumer sentiment in the country.
Mercedes Slumps After Warning China Rout Is Hurting Profits
Mercedes-Benz Group AG shares fell the most in four years after a deepening slowdown in China prompted the world’s biggest luxury-car maker to cut its outlook.
Mercedes’ China motor hits one of two roadblocks
Mercedes-Benz’s all-important China motor is sputtering. The $64 billion luxury carmaker warned of collapsing earnings and free cash flow this year, as a real estate bust in the People’s Republic means less demand for upmarket rides.
Mercedes-Benz shares fall after profit warning
Chief executive Ola Källenius told analysts on Friday that the company’s issues stemmed “mainly [from] China” but added that in other markets, such as Europe, Mercedes-Benz was also still feeling “the [impact] of higher interest rates”.
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,
Mercedes CEO Vows Moves to Boost Returns After Profit Warning
Mercedes-Benz Group AG Chief Executive Officer Ola Källenius pledged he’ll do whatever it takes to bolster returns after the luxury-car maker warned on profit over sluggish sales in China.
1d
Mercedes cae tras advertir que crisis china afecta sus ganancias
Las acciones de Mercedes-Benz Group AG registraron la mayor caída en cuatro años después de que una desaceleración cada vez ...
Deccan Herald
24m
Mercedes, Audi, BMW expect robust sales this festive season
New Delhi: Luxury carmakers Mercedes-Benz, Audi and BMW are eyeing robust sales during the festive period this year with ...
devdiscourse
1h
Mercedes-Benz India Pushes for Unified EV Charging Platform
Mercedes-Benz India advocates for a unified platform to offer real-time information on available EV charging stations, ...
money.rediff
1h
Common EV Charging Platform: Mercedes' Call for India
Mercedes-Benz India advocates for a unified platform to streamline EV charging in India, citing the need for real-time ...
1d
Mercedes Mone Confirms Talks with Megan Thee Stallion Prior to WWE Deal
AEW star and TBS Champion Mercedes Mone recently talked about Megan Thee Stallion ahead of her WWE SmackDown collaboration.
DPA International on MSN
1d
German auto giant Mercedes-Benz recalls half a million cars in China
German auto giant Mercedes-Benz is recalling more than half a million cars in China due to a technical defect. The Chinese ...
1d
Mercedes-Benz and Roger Federer Unveil Latest Neon Legacy Give Back Project
Mercedes-Benz and tennis legend Roger Federer have unveiled their latest Neon Legacy project in Berlin, continuing their ...
1h
Luxury carmakers Mercedes, Audi, BMW expect robust sales in festive season
Benz, Audi and BMW are eyeing robust sales during the festive period this year with demand for high-end cars continuing to ...
1d
I drove an $88,000 Mercedes-Benz sedan. These 21 features make it one of the most high-tech luxury cars money can buy
I drove the 2024 Mercedes-Benz E450 4Matic sedan and was impressed by its mild-hybrid engine, refined cabin, and immersive ...
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