The developments, along with slowing growth for electric vehicles in Europe, have contributed to profit warnings from both ...
Benz Group AG saw car sales slump in China in the third quarter as weak consumer sentiment in their biggest market weighed on ...
BMW and Mercedes-Benz saw car sales slump in China in the third quarter as weak consumer sentiment in their biggest market ...
Elon Musk is set to reveal the new Tesla Robotaxi, a Level 5 autonomous vehicle, part of his “cybercab” vision to compete ...
German carmakers on Saturday warned that consumers could face higher prices after the European Union paved the way for ...
The James Bond carmaker has warned over annual earnings as it revealed it would make around 1,000 fewer cars than first ...
Mercedes-Benz shares tumbled over 8% on Friday after the German automaker lowered its 2024 profit guidance, citing weakening demand in China and a challenging macroeconomic environment. Mercedes ...
Cash flow is expected to suffer as well. Stellantis adds that its prior 2024 outlook for "positive" free cash flow has been ...
In response to "lower than expected sales performance ... Stellantis, Mercedes notes weakened demand and heightened competition as the root causes of its lowered expectations; China is a ...