Mercedes-Benz Group AG is shifting focus to premium segments, with top-end sales up 13% despite a 12% overall volume decline. MBGAF is prioritizing margin protection and pricing power over volume grow
ATLANTA--(BUSINESS WIRE)--Mercedes-Benz USA (MBUSA) reported third-quarter retail sales of 73,500 passenger cars. Year-to-date, U.S. retail sales to customers rose 6% to 223,800 units, underpinned by
Mercedes-Benz reported declining sales for the third quarter on Tuesday, as U.S. import duties and intensifying competition in China dented the German luxury carmaker's deliveries.
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Aluminium made with renewable power and from recycling is helping luxury automaker Mercedes-Benz cut CO2 emissions in the production of its new line of electric vehicles, part of a wider effort to dec
Mercedes-Benz on Friday spun out into a new company a group of chip experts in Silicon Valley that is working on creating a new generation of computing brains for self-driving cars, drones and other v
The United States cuts EU vehicle tariffs to 15% retroactive to Aug. 1, as automakers like Volkswagen, Porsche, Mercedes, and Renault lower outlooks.
Mercedes-Benz on Thursday said it welcomed the implementation of a trade agreement between the United States and the European Union but urged both sides to improve transatlantic trade conditions furth
Chongqing Qianli Technology said on Thursday its key shareholder has agreed to transfer a 3% company stake, valued at 1.34 billion yuan ($187.90 million), to Mercedes-Benz Group.
Mercedes-Benz Group is preparing to invest in Geely-backed autonomous driving system developer Chongqing Qianli Technology , Bloomberg reported on Wednesday.
Mercedes-Benz announced changes to its top management on Wednesday, replacing chief technology officer Markus Schaefer with head of production Joerg Burzer, as it pursues cost efficiencies with a youn
Electric versions of the luxury brands' bestsellers represent Europe's boldest efforts yet to catch up with U.S. and Chinese technology.
All European carmakers except Mercedes-Benz are on track to meet the European Union's 2025-2027 carbon emission targets thanks to an expected surge in sales of new electric vehicles, according to a re
German luxury automaker Mercedes-Benz is sticking with its premium strategy in its main market China, where a brutal pricing war has cost the group market share as local customers increasingly switch
Mercedes-Benz is bringing back the G-Class cabriolet by popular demand, according to Ola Källenius, chief executive officer of Mercedes-Benz Group AG. Källenius declined to specify when production w
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