“We are worried on the pricing environment in the US,” as well as “the macro situation in China,” RBC analyst Tom Narayan said in a note. Global sales of Mercedes’ passenger cars ...
Mercedes is the latest German auto giant to cut its profit forecast, flailing against a weakening European market, more competition in China, and struggling sales of electric vehicles. German ...
Mercedes-Benz Group shares fell 8% on Friday after the German carmaker made another cut to its full-year guidance, citing a slowdown in car sales caused by a slump in China’s economy.
Mercedes CEO Scours China for High-Tech Partners as Sales Slide Carmaker adding features that will appeal to Chinese market BMW, Mercedes slash outlook after Chinese consumers step back ...
LONDON, Sept 20 (Reuters Breakingviews) - Mercedes-Benz’s (MBGn.DE), opens new tab all-important China motor is sputtering. The $64 billion luxury carmaker warned of collapsing earnings and free ...