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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 luxury-car maker warned on profit over sluggish sales in China.
Mercedes cuts profit margin target again
"Mercedes cuts profit margin target again" was originally created and published by Just Auto, a GlobalData owned brand.
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-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”.
46m
on MSN
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 ...
2h
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 ...
4h
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 ...
4h
on MSN
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 ...
Fort Morgan Times
1d
Auto review: The 2024 Mercedes-Benz eSprinter electric van is a barn-dominium that hauls big loads
To which I reply, “One of the new
Mercedes
electric vehicles.” “Is it roomy?” “Oh, yeah, lots of space. It’s like a bus ...
2d
on MSN
Hollyoaks to provide big Mercedes update amid cancer ordeal
Hollyoaks will provide a big update on the health of Mercedes McQueen after it was revealed that she has been diagnosed with ...
15h
Mercedes Moné Addresses Rumors of Megan Thee Stallion Appearing in AEW
AEW star Mercedes Moné has been trying to work with chart-topping rapper and songwriter Megan Thee Stallion for quite some ...
12h
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, ...
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