While Mercedes has had good union relations with its German workforce, the employees elect half of the supervisory board members. Heavily unionized workforces tend to limit profit because of wage ...
The German carmaker’s shares started Friday with an almost 7% drop as the company significantly cut its expected results for ...
The BMW M4 is a direct descendant of the legendary M3, and one of the best high-performance vehicles money can buy. Packing a ...
Mercedes-Benz has cut its full year profit margin target for the second time in less than two months, joining a growing ...
Mercedes-Benz Group AG Chief Executive Officer Ola Källenius pledged he’ll do whatever it takes to bolster returns after the ...
Porsche’s entry-level, mid-engined sports car is often referred to as a “poor man’s Porsche, but few cars can match the 718 ...
German auto manufacturer Mercedes-Benz fell sharply on the Frankfurt Stock Exchange on Friday after the group lowered its outlook on the back of weak sales in its key Chinese market.
"While some investors had been anticipating a profit warn from Mercedes Benz, we still view this news as a surprise, especially given the magnitude and lack of cautionary commentary ahead of [the] ...
The STOXX 600 Autos and Parts index is among this year's worst performers. Analysts predict a 13.6% earnings drop in 2024, a ...
Daimler Truck brought the more ambitious of the deals, with a 3.5 and six year trade first marketed at €1bn, then bumped up ...
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 ...
BMWs cost $314 more per year in maintenance than other major car brands and require more frequent repairs. See what goes into ...