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Mercedes Pledges Cost Cuts
Mercedes-Benz to ramp up cost cutting after profit drops by 50%
Mercedes-Benz on Friday said it plans to ramp up cost-cutting efforts after its net profit halved in the third quarter amid weak demand in China. The German automaker cut its full-year profit margin twice during the third quarter,
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 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.
Mercedes car earnings plunge
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 earnings on Friday.
Mercedes car earnings plunge 64% in Q3 on weak luxury demand in China
German premium automaker Mercedes-Benz on Friday said third-quarter earnings in the core car division plunged by 64% as Chinese consumers continued to cut back on luxury goods off the back of a weakening economy.
Weakness in China causes Mercedes-Benz's profits to plummet
German carmaker Mercedes-Benz has suffered a sharp drop in profits in the third quarter due to the weakness of the important Chinese market. Mercedes-Benz reported on Friday that it also expects its earnings before interest and taxes (EBIT) and revenue to decline for the full year.
7h
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 ...
2h
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 ...
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 ...
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 ...
Villages-News
21h
Mercedes-Benz maneuvers into golf cart parking in The Villages
A Mercedes-Benz driver maneuvered into obviously golf cart parking in The Villages. Share your Bad Parking photos at
[email protected]
...
6h
Jefferies Reaffirms Their Buy Rating on Mercedes-Benz Group (MBGAF)
In a report released today, Philippe Houchois from Jefferies maintained a Buy rating on Mercedes-Benz Group (MBGAF – Research Report), ...
The Cool Down on MSN
4h
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 ...
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