With his legacy assured, Daimler Truck Chair and CEO Martin Daum will retire as CEO on Sept. 30, making way for Karin Rådström.
Top-end German carmakers have joined expensive French handbags among the products hit by weak consumer sentiment in the ...
Volkswagen said earlier this month it needed significant restructuring to stay competitive, and was considering shutting ...
Mercedes-Benz’s all-important China motor is sputtering. The $64 billion luxury carmaker warned of collapsing earnings and ...
The process of ramping up EV production poses significant challenges, primarily stemming from production and supply chain ...
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.
Mercedes-Benz Group AG cut its financial forecast due to a rapid deterioration of its business in China, marking the latest ...
The STOXX 600 Autos and Parts index is among this year's worst performers. Analysts predict a 13.6% earnings drop in 2024, a ...
The EU recorded a steep monthly decline in new fully-electric vehicle sales amid a transition for an industry that has invested heavily in their production. EV registrations plunged 44% to about ...
GM says it’s ready to start selling power adapters compatible with Tesla, more than a year after it announced plans to adopt ...
After a delay of several months, General Motors said owners of its battery-powered models would now be able to use Tesla ...
Hoping to spark higher EV sales, General Motors Co. is offering owners adapters to access the Tesla Supercharger network.