With his legacy assured, Daimler Truck Chair and CEO Martin Daum will retire as CEO on Sept. 30, making way for Karin Rådström.
The average monthly payment on used electric vehicles, which are now cheaper than hybrids and gas-engine cars, are ...
Mercedes-Benz Group AG shares fell the most in four years after a deepening slowdown in China prompted the world’s biggest ...
German auto manufacturer Mercedes-Benz fell sharply on the Frankfurt Stock Exchange on Friday after the group lowered its outlook on the back of weak sales in its key Chinese market.
While Mercedes has had good union relations with its German workforce, the employees elect half of the supervisory board members. Heavily unionized workforces tend to limit profit because of wage ...
Mercedes-Benz’s all-important China motor is sputtering. The $64 billion luxury carmaker warned of collapsing earnings and ...
With lithium prices dropping and competition growing, automakers are adjusting to slower growth in the electric vehicle ...
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 Tesla Model 3, VW ID7 and BYD Seal are propping up the midsize segment, while big declines for the Tesla Model Y and Kia ...
The STOXX 600 Autos and Parts index is among this year's worst performers. Analysts predict a 13.6% earnings drop in 2024, a ...
A new executive chauffeuring and transport company with an all-electric fleet has launched in Cumbria this summer ...