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$57.90
-2.04 (-3.40%)
At Close: Jun 03, 2026
Mercedes revising profit outlook downwards in sluggish car market, source says
09:21am, Tuesday, 07'th Jan 2025
Mercedes-Benz will lower mid-term profitability targets for its passenger car business due to prolonged weakness in the market and the switch to electric-powered vehicles, a source familiar with the m
Odalys Arevalo and Mercedes Cabrera Honored with Lifetime Achievement Award by South Florida Hispanic Chamber of Commerce
08:05am, Monday, 16'th Dec 2024
IRVINE, Calif.--(BUSINESS WIRE)-- #AlliantConsumerGroup--Odalys Arevalo and Mercedes Cabrera were honored with the Lifetime Achievement Award by the South Florida Hispanic Chamber of Commerce.
Mercedes-Benz: Positioned To Conquer European Car Manufacturer Headwinds
09:11am, Thursday, 12'th Dec 2024
Mercedes-Benz Group AG's Q3 is representative of European car manufacturers' headwinds from poor EU demand and from rising Chinese EV competition. While the short-term outlook remains uncertain, Merce
Mercedes-Benz: Why The Company Is Undervalued Here
06:23pm, Wednesday, 11'th Dec 2024
Mercedes-Benz faces challenges with declining premium car demand and competition, particularly in China, but remains a premium brand with strong fundamentals and potential for recovery. Despite a toug
Changes to the Board of Management of Mercedes-Benz Group AG
09:04am, Wednesday, 11'th Dec 2024
STUTTGART, Germany--(BUSINESS WIRE)--The Supervisory Board of Mercedes-Benz Group AG has decided on changes to the company's Board of Management. In 2025, Mercedes-Benz will bid farewell to the highly
Mercedes-Benz reshuffles management board
03:34am, Wednesday, 11'th Dec 2024
German carmaker Mercedes-Benz will reshuffle its management board with four new members, the firm said on Wednesday, with changes due to take effect in 2025.
4 World-Famous Companies Pay Huge 10%+ Ultra-High-Yield Dividends and Nobody Knows
06:46am, Sunday, 01'st Dec 2024
Key Points Many U.S. growth and income investors fail to look overseas for dividend ideas.
Mercedes to use Momenta software in 4 models, accelerate China comeback, sources say
11:31am, Friday, 29'th Nov 2024
Mercedes-Benz is betting on China's Momenta to help it win back market share in the world's biggest auto market, with plans for fresh investment and at least four future models to use the autonomous d
Mercedes plans to cut costs by several billion euros per year, reports Handelsblatt
07:47am, Thursday, 21'st Nov 2024
Mercedes-Benz plans to cut costs by several billion euros per year in the coming years, the Handelsblatt newspaper reported on Thursday, citing a spokesperson for the German carmaker.
India says Mercedes improved pollution management at plant after failing checks
01:49am, Thursday, 07'th Nov 2024
An Indian state said in October that Mercedes-Benz improved wastewater and air pollution management at its only car factory in the country after officials detected environment law lapses in recent ins
Mercedes-Benz to ramp up cost cutting after profit drops by 50%
01:41pm, Friday, 25'th Oct 2024
The German automaker cut its full-year profit margin twice during the third quarter, down to 4.7% from 12.4% a year before, as European car companies see their sales falter amid a weak Chinese economy
Mercedes-Benz Group AG (MBGAF) Q3 2024 Earnings Call Transcript
07:33am, Friday, 25'th Oct 2024
Mercedes-Benz Group AG (OTCPK:MBGAF) Q3 2024 Earnings Conference Call October 25, 2024 3:15 AM ET Company Participants Christina Schenck - Vice President & Head, Investor Relations & Treasury Harald W
Mercedes-Benz electric car sales plunge by a third as Chinese competition and stuttering demand hit home
06:08am, Friday, 25'th Oct 2024
Europe's automakers are reeling from plunging EV sales and brutal competition in China. Mercedes-Benz became the latest to sound the alarm on Friday, posting a 31% drop in EV sales in its Q3 earnings.
Mercedes unveils slump in profit slumps on weak demand globally
04:26am, Friday, 25'th Oct 2024
Mercedes-Benz Group has said sluggish demand globally prompted a 54% drop in profit over the third quarter. Net profit fell to €1.72 billion (£1.44 billion) over the three months to September, th
Mercedes car earnings plunge 64% in Q3 on weak luxury demand in China
01:02am, Friday, 25'th Oct 2024
German premium automaker Mercedes-Benz on Friday said third-quarter earnings in the core car division plunged by 64% as Chinese consumers continued to cut back on luxury goods off the back of a weaken
