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Mercedes Pledges Cost Cuts
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 China, it said on Friday. The luxury carmaker cut its full-year profit margin target twice during the third quarter,
Mercedes-Benz to ramp up cost-cutting after profit drops by 50%
The German automaker cut its full-year profit margin twice during the third quarter, down to 4.7% from 12.4% a year before, as European car companies see their sales falter amid a weak Chinese
Mercedes Pledges Cost Cuts After China Slump Hits Margin
Mercedes-Benz Group AG plans to step up cost improvement measures after fierce competition and weaker demand in China hit the luxury-car maker’s profits.
1h
Test-Driving A Mercedes-Benz 300 SEL 6.3, Steve McQueen’s Ideal Sedan
One drive in a 1971 Mercedes-Benz 300 SEL 6.3 at Monterey Car Week, almost a twin of Steve McQueen's favorite sport sedan, ...
9h
on MSN
Mercedes-Benz Earnings Slump on Tough Economic Backdrop, Fierce Competition
Mercedes-Benz’s net profit halved in the third quarter as a tough economic backdrop and fierce competition in China hit ...
9h
on MSN
Mercedes-Benz electric car sales plunge by a third as Chinese competition and stuttering demand hit home
The German carmaker said it had seen a 31% drop in sales of battery-powered cars from a year earlier as it reported its Q3 ...
The Cool Down on MSN
6h
Mercedes-Benz launches groundbreaking initiative in Brazil with a focus on improving lives: 'We are excited'
Benz has announced a groundbreaking initiative in Brazil and is collaborating with aluminum and energy company Hydro on a ...
4d
Mercedes-Benz opens its own recycling facility for EV batteries
Today, Mercedes-Benz opened its first battery-recycling plant in Germany. The new plant will use an "integrated ...
4h
Mercedes-Benz sees FY24 revenue ‘slightly below’ prior-year level
Sees EBIT “significantly below” prior-year level; Sees free cash flow “significantly below” prior-year level. The ...
Des Moines Register
7d
A Mercedes-Benz struck, killed golf cart driver at nearly 100 mph. How the driver will pay
They said he crashed his
Mercedes-Benz
into the rear of a golf cart occupied by Lowry, who at the time was the owner of Get ...
2d
on MSN
Mercedes-Benz crashes through roof of Southern California home after 'elderly' driver loses control
A woman driving a Mercedes-Benz sedan crashed through the roof of a Southern California home on Sunday evening, leaving a ...
3d
Mercedes-Benz Teamed up With Moncler for This New Ultra-Exclusive G-Wagen
The Mercedes-Benz G-Wagen is getting dressed up for its 45th anniversary. The German luxury marque has a new ultra-exclusive ...
6d
2025 Mercedes-Benz GLC quick take — a closer look at what's new
The second-generation GLC gets some new models for the 2025 model year. But does it still have the fundamentals to keep it ...
Motor Trend
2d
2025 Mercedes-Benz G-Class SUVOTY Review: Suave, Sophisticated, and Super Satisfying
There was a bit of handwringing when Mercedes-Benz announced the engine in its entry-level G-Class SUV would only have six ...
motorbiscuit
20h
Here’s how Adolf Hitler got Mercedes-Benz into racing
“He offered huge sums of reichsmarks to any German firm that could produce a successful racer.” The dangled carrot worked.
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