Mercedes-Benz has won agreement from its works council to offer buy-outs to staff under a programme to cut costs and jobs, German magazine Wirtschaftswoche reported on Tuesday.
Mercedes-Benz and its subsidiaries are planning to cut up to 15% of their workforce in China, Bloomberg News reported on Thursday, citing people familiar with the matter.
China's market regulator held a symposium on fair competition with executives from seven companies, including Alibaba and LONGi Green Energy , the State Administration for Market Regulation (SAMR) sai
Mercedes-Benz Group AG (OTCPK:MBGAF) Q4 2024 Earnings Conference Call February 20, 2025 4:15 AM ET Company Participants Christina Schenck - Vice President & Head, Investor Relations & Treasury Willem
Mercedes-Benz CEO Ola Källenius spoke to reporters after the company's quarterly earnings report and signaled the company is open to investing more in the United States.
German luxury automaker Mercedes-Benz's passenger car division on Thursday reported a 40.5% drop in annual earnings, and said it expected significantly lower earnings in 2025 for the group as it worke
“My stepmother's family refused to follow the terms of the will, which left their joint estate to my sister and me.”
Tesla's Autopilot and Full Self-Driving systems are good, but testing group Consumer Reports says they aren't even close to the highest rated.
Mercedes-Benz told investors on Monday it expected the adjusted margin of its passenger car division to be above its 6%-7% forecast for the fourth quarter of 2024, according to analysts at Bernstein R
Mercedes-Benz CEO Ola Kaellenius expressed concerns to the European Commission regarding the current state of electric vehicle (EV) sales within the European Union, according to a Reuters report.  He
Mercedes-Benz's core car sales fell in 2024, a tough year for the auto industry marked by waning demand in a weak economy, especially in key market China, the German luxury carmaker said on Friday.
Germany's Mercedes-Benz , fresh off a year of record sales in India, plans to add another 20 dealerships or service outlets in 2025 - mainly in smaller cities where young, well-travelled business owne
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
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 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
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