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.
The best rear wheel drive cars can be ideal for towing, providing caravanners with balanced handling and uncorrupted steering ...
The STOXX 600 Autos and Parts index is among this year's worst performers. Analysts predict a 13.6% earnings drop in 2024, a reversal from the years immediately after the pandemic, when supply chain s ...
Mercedes-Benz Group AG cut its financial forecast due to a rapid deterioration of its business in China, marking the latest ...
Daimler Buses is celebrating the world premiere of the new Mercedes-Benz eCitaro K, the 10.63-metre short version of the ...
Flying cars are no longer just from sci-fi movies. Electric flying car maker Alef Aeronautics is one step closer ...