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Mercedes-Benz, China
Mercedes Slumps After Warning China Rout Is Hurting Profits
Mercedes-Benz Group AG shares fell the most in four years after a deepening slowdown in China prompted the world’s biggest luxury-car maker to cut its outlook.
Mercedes’ China motor hits one of two roadblocks
Mercedes-Benz’s all-important China motor is sputtering. The $64 billion luxury carmaker warned of collapsing earnings and free cash flow this year, as a real estate bust in the People’s Republic means less demand for upmarket rides.
Mercedes, BMW Flash Warning Lights on China
Top-end German carmakers have joined expensive French handbags among the products hit by weak consumer sentiment in the country.
DPA International on MSN
1d
German auto giant Mercedes-Benz recalls half a million cars in China
German auto giant Mercedes-Benz is recalling more than half a million cars in China due to a technical defect. The Chinese ...
Arise
1d
Mercedes-Benz Slashes Profit Target Again, Blaming Slowing China Market
Mercedes-Benz’s profit outlook has taken a hit as China’s luxury car market slows. Shares plummet 7.5%. Mercedes-Benz has ...
4d
on MSN
Mercedes-Benz Sells Out of China EV Maker as Luxury Spending Drops
Mercedes-Benz has sold its remaining 10% stake in premium EV and hybrid maker Denza to BYD in the wake of disappointing sales ...
Yahoo Finance
2d
Mercedes-Benz cuts full-year forecast on declining China sales
Mercedes
-Benz Group AG (MBG.DE, MBGAF) is cutting its full-year sales forecasts, now revising it lower to a range of 7.5% ...
4d
BYD takes control of Mercedes venture in China
Chinese automaker BYD Co has moved to fully control a joint venture it had in China with Mercedes-Benz Group AG, as an ...
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