mercedes earnings - Search News

Mercedes-Benz Plans to Cut Jobs as Earnings Expected to Slump

The luxury-car maker aims to slash production costs by 10% over the next couple of years, including shifting some manufacturing from Germany to lower-cost countries.

Daily Journal · 3d

Mercedes-Benz flags cost cuts, tough year ahead after torrid 2024

Mercedes-Benz warned of looming cost cuts Thursday and gave a bleak outlook for 2025 after its profits plunged almost a third last year amid a slump in China and slowing

GB News on MSN · 2d

Mercedes-Benz to cut costs and roll out more petrol and diesel cars despite Labour threats

A major car brand has revealed it will produce more petrol and diesel vehicles despite UK net zero plans and hit to its own profits. Mercedes-Benz said on Thursday it would initiate cost-cutting moves while also backing petrol and diesel cars through its new product range.

3don MSN

Mercedes-Benz Earnings Are a Bad Sign for EV Sales. What It Means for Ford, Tesla.

Mercedes-Benz stock fell in overseas trading after the German auto maker reported better-than-expected earnings but gave an ...

Mercedes-Benz cuts costs, renews focus on combustion engine models in bid to revive earnings

Mercedes-Benz on Thursday announced further cost-cutting and more petrol and diesel cars than EVs in its new product range, ...

Mercedes warns car margin may slump to lowest since 2020

Mercedes-Benz Group AG expects its carmaking margin to drop to as low as 6% this year as it grapples with fierce competition ...

3don MSN

Mercedes-Benz CEO signals potential for more US investment

CEO Ola Källenius spoke to reporters after the company's quarterly earnings report and signaled the automaker is open to ...

Mercedes-Benz Earnings to Take Back Seat to Strategy Update, New Targets -- Earnings Preview

REVENUE FORECAST: The German luxury-car company's group revenue is expected at 38.12 billion euros ($39.82 billion), according to a FactSet analyst poll, down from 40.26 billion euros in the fourth ...

3don MSN

Mercedes To Roll Out 19 New ICE And 17 EV Models That Will Ditch The Egg Shape By 2027

Bad EV sales performance has forced Mercedes to reinvest in traditional combustion powertrains and give all cars lookalike ...

1don MSN

Mercedes-Benz won't be following Tesla and Elon Musk into robotaxis

If robotaxi fleets run by car companies are the future — as laid out by Tesla CEO Elon Musk — you can count luxury legend ...

Seeking Alpha2d

Mercedes-Benz Group AG (MBGAF) Q4 2024 Earnings Call Transcript

Well, at Mercedes Benz Cars ... Is it required because the earnings in China could be read at some point? Is it required because maybe if the Europe keeps the 2035 ban on internal combustion ...

Renault beats profit forecast, Mercedes braces for earnings drop

French automaker Renault reported a record operating profit for 2024 on Thursday (February 20), while German automaker ...

Mercedes to cut costs as electric car sales plunge

Mercedes-Benz has announced a cost-cutting drive as profits plunged by nearly a third amid a slowdown in its electric car ...

Some results have been hidden because they may be inaccessible to you

Show inaccessible results