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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-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-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’ 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 Recalls Over 500,000 Vehicles in China Over Potential ABS Failures
Mercedes-Benz has announced a major recall in China affecting over 500,000 vehicles due to a technical fault. Begins November 27. The issue stems from a defective wheel speed sens
1h
Mercedes and Red Bull could be about to do craziest deal F1 has ever seen
Russell has consistently held his own against seven-time world champion Lewis Hamilton since joining up with the Silver ...
Daily Mail
5m
Christian Horner reveals Red Bull could make a move for George Russell when his Mercedes contract expires... as he claims they would be 'foolish' to not consider sig…
Christian horner has revealed tha Red Bull could make a move for George Russell when his
Mercedes
contract expires. Russell ...
2d
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 ...
2d
on MSN
Mercedes-Benz Group Cuts Full-Year Outlook, Citing Macroeconomic Deterioration
The German luxury carmaker said the move was triggered by the further deterioration of the macroeconomic environment, ...
3h
Mercedes Gets Maharashtra Pollution Control Body Notice After Suprise Check
Luxury car maker Mercedes-Benz has received a notice from the Maharashtra Pollution Control Board, accusing it of violating ...
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 ...
Fort Morgan Times
2d
Auto review: The 2024 Mercedes-Benz eSprinter electric van is a barn-dominium that hauls big loads
To which I reply, “One of the new
Mercedes
electric vehicles.” “Is it roomy?” “Oh, yeah, lots of space. It’s like a bus ...
GPFans on MSN
3d
Mercedes to unveil COMPLETELY NEW car design for next F1 race
The Brackley-based outfit have experienced a tumultuous year, starting with the shock news in February that their star driver ...
1d
on MSN
Mercedes Cuts Earnings Outlook as Auto Sales in China Falter
Mercedes-Benz Group AG cuts its financial forecast for the year as the luxury-car maker cited a rapid deterioration of its ...
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