Mercedes Pledges Cost Cuts After China Slump Hits Margin
Mercedes-Benz Group AG said it would step up cost improvement measures after its carmaking margin dropped amid fierce ...
2026 Mercedes CLA To Get A 2.0L Turbo Engine Built By China’s Geely
The next Mercedes CLA will feature a China-built 2.0L engine developed by Geely and Renault, then fine-tuned in Germany. This ...
Mercedes CEO Drives 2026 Electric CLA, Reveals AI Assistant And 2-Speed Transmission
Mercedes CEO Ola Källenius jumps behind the wheel of next year’s CLA and drops a few hints about the Tesla Model 3 rival ...
Luxury European automakers are getting crushed in China
BMW, Mercedes-Benz and Porsche have suffered sliding sales in the world's largest car market amid rising competition from ...
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Next-gen Mercedes CLA will get engine from Chinese brand Geely
According to reports, the upcoming new-gen Mercedes-Benz CLA will be powered by an engine produced in China.The IC engine on ...
Mercedes to step up cost cuts after earnings halve
Mercedes-Benz will step up cost cuts after earnings halved in the third quarter hit by tepid demand and fierce competition in ...
Volkswagen stumbles in China as Germany's auto giants struggle to compete in the EV race
Volkswagen is mulling the closure of factories in Germany for the first time to cut costs, while rivals BMW and Mercedes-Benz ...
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Mercedes-Benz electric car sales plunge by a third as Chinese competition and stuttering demand hit home
Europe's automakers are reeling from plunging EV sales and brutal competition in China. Mercedes-Benz became the latest to ...
Porsche, Mercedes Pledge Cost Cuts After China Slump Hits Profit
Porsche AG is weighing cost cuts and reviewing its model lineup after a slump in sales of its sports cars in China caused ...
Porsche Reducing Dealer Network In China Due To Dwindling Sales
Porsche will reduce the size of its dealership network in China due to declining sales and in a bid to slash costs, soon ...
BMW Quarterly Profit Misses Expectations Due to Weak China Sales, Brake Issues
LONDON/FRANKFURT (Reuters) -BMW on Wednesday reported a 61% drop in its third-quarter profit, missing analyst expectations ...
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Weakness in China causes Mercedes-Benz's profits to plummet
A year earlier, it had been 12.4%. Mercedes is experiencing difficulties, particularly in China, because its expensive models are not performing as well as expected, and there is no improvement on ...