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 ...
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-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 moves to cut costs, revive sales after earnings slump
Mercedes-Benz on Thursday launched a fresh cost-cutting plan to revive sales and margins and battle stiff competition as the ...
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 ...
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Mercedes-Benz's annual profits fall sharply on weakness in China
German luxury carmaker Mercedes-Benz experienced a significant decline in profits last year, primarily due to weakening ...
Mercedes-Benz shifts gears, prioritizes combustion engines amid profit concerns
Mercedes-Benz made this strategic update while forecasting another earnings decrease for 2025 following the substantial 2024 ...
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 ...
Mercedes-Benz Plans Cost Cuts as Earnings Expected to Fall This Year
Mercedes-Benz expects earnings to fall significantly this year and outlined plans to boost competitiveness that includes a 10% cut to production costs over the next couple of years.