CNBC's Phil LeBeau with Mercedes-Benz CEO Dimitris Psillakis, join 'Closing Bell' to discuss the impact of auto tariffs, unveiling of the new CLA and pricing.
ATLANTA--(BUSINESS WIRE)--Mercedes-Benz is announcing a leadership transition in its North American operations. Effective July 1, Adam Chamberlain will become CEO of Mercedes-Benz USA (MBUSA) as well
Needham analyst Quinn Bolton initiated coverage on Valens Semiconductor VLN with a Buy rating and a price target of $4 Friday. The stock gained after the report.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest
Mercedes-Benz will end production of its Citan and T-class models, the Automobilwoche news outlet reported on Friday citing a document informing dealers about the decision.
German carmaker Mercedes-Benz said on Monday its first-quarter unit sales of cars and vans fell 7%, hit by declining demand in China and Europe.
ATLANTA--(BUSINESS WIRE)--Mercedes-Benz USA (MBUSA) today reported Q1 2025 group* sales of 67,400 Passenger Cars. Additionally, Mercedes-Benz Vans reported Q1 2025 group sales of 7,700 units, bringing
Auto giants have responded to U.S. President Donald Trump's tariffs by announcing plans to raise prices, impose import fees, pause production and even layoff staff. As part of plans designed to shift
U.S. President Donald Trump's 25% tariff on auto imports may cost American consumers more than $30 billion in higher vehicle prices and reduced car sales in the first full year, consultancy firm Ander
President Trump confirmed his administration will impose 25% tariffs on auto imports starting Thursday at midnight.
Mercedes-Benz is weighing whether to withdraw some of its cheapest cars from the US market, including the GLA SUV, as it braces for a potential hit from President Donald Trump's proposed 25% auto tari
Mercedes-Benz is considering withdrawing its least expensive cars from the US because President Donald Trump's auto tariffs would likely make their sales economically unfeasible, according to people
Mercedes-Benz Group is considering withdrawing its least expensive cars from the U.S. as President Donald Trump's auto tariffs would potentially harm their sales, Bloomberg News reported on Tuesday, c
Ten car manufacturers, including BMW and Ford , and two trade bodies have reached a settlement with the UK's competition regulator to pay 77.7 million pounds ($100.43 million) in a fine after admittin
The commission said that 16 major car manufacturers and the ACEA entered into what it called anticompetitive agreements for almost 15 years.
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