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Mercedes-Benz cuts margin outlook on weak Chinese market, shares fall
Mercedes-Benz cut its full-year profit margin target for the second time in less than two months, hitting European auto stocks as it joined a growing number of rivals that are blaming a weakening Chinese car market,
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 shares slump over 6% after carmaker cuts 2024 guidance on weak China demand
Mercedes shares fell more than 8% Friday after the German carmaker cut its 2024 guidance on the back of weaker demand from China.
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.
Mercedes cae tras advertir que crisis china afecta sus ganancias
Las acciones de Mercedes-Benz Group AG registraron la mayor caída en cuatro años después de que una desaceleración cada vez más profunda en China llevara al mayor fabricante de automóviles de lujo del mundo a recortar sus perspectivas.
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 market regulation authority said on Friday that the company has presented a recall plan which is due to take effect from November 27.
Mercedes-Benz cuts guidance on slump in China’s economy
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 Stock Falls After New Profit Warning
German auto manufacturer Mercedes-Benz fell sharply on the Frankfurt Stock Exchange on Friday after the group lowered its outlook on the back of weak sales in its key Chinese market.
Hold Rating on Mercedes-Benz Group Amidst Earnings Warning and Economic Downturn
Stifel Nicolaus analyst Daniel Schwarz has maintained their neutral stance on MBGAF stock, giving a Hold rating on September 9. Daniel Schwarz
Mercedes-Benz shares fall after profit warning
Chief executive Ola Källenius told analysts on Friday that the company’s issues stemmed “mainly [from] China” but added that in other markets, such as Europe, Mercedes-Benz was also still feeling “the [impact] of higher interest rates”.
Mercedes-Benz and Beijing Benz to recall a total of 523,094 vehicles in China
Mercedes-Benz and its Chinese joint venture with BAIC Motor will recall a total of 523,094 imported and domestically manufactured vehicles in China over potential safety hazards, China's market regulator said on Friday.
15h
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 ...
17h
I drove an $88,000 Mercedes-Benz sedan. These 21 features make it one of the most high-tech luxury cars money can buy
I drove the 2024 Mercedes-Benz E450 4Matic sedan and was impressed by its mild-hybrid engine, refined cabin, and immersive ...
8h
Mercedes Mone Confirms Talks with Megan Thee Stallion Prior to WWE Deal
AEW star and TBS Champion Mercedes Mone recently talked about Megan Thee Stallion ahead of her WWE SmackDown collaboration.
autoevolution
4h
Mercedes-AMG GLC 43 Coupe Races Macan S and F-Pace P400, Ferrari 458 Spider Says "Ciao"
There's no denying the 458 Spider is faster than all three SUVs in the quarter mile, but care to guess which SUV has the ...
13h
on MSN
Mercedes CEO Vows Moves to Boost Returns After Profit Warning
Mercedes-Benz Group AG Chief Executive Officer Ola Källenius pledged he’ll do whatever it takes to bolster returns after the ...
Daily Express
11h
Mercedes confirm Max Verstappen plan as George Russell put on notice at Singapore GP
Mercedes
’ head of communications Bradley Lord has confirmed that the team are chasing Max Verstappen’s signature ahead of ...
1d
Mercedes-AMG GT 63 Motorsport Collectors Edition: A 603-hp, F1-inspired coupe – discover what makes it extraordinary
Mercedes-AMG announces the GT 63 Motorsport Collectors Edition. A stunning fusion of F1 flair, speed, and exclusivity, ...
autoevolution
1d
Mercedes GLC 300 and GLC 43 Recalled for Improperly Welded Engine Integral Carrier
Back in January 2024, the safety boffins at
Mercedes
-Benz AG were informed of a potential issue with the welds of the ...
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