Mercedes-Benz cuts guidance on slump in China’s economy
Mercedes-Benz Group shares fell 8% on Friday after the German carmaker made another cut to its full-year guidance, citing a slowdown in car sales caused by a slump in China’s economy.
Mercedes Slumps After Warning China Rout Is Hurting Profits
Mercedes-Benz Group AG shares fell the most in four years after a deepening slowdown in China prompted the world’s biggest luxury-car maker to cut its outlook.
Mercedes-Benz slashes forecast from 11% to 7.5% amid China’s economy downturn
Mercedes-Benz Group AG cut its financial forecast due to a rapid deterioration of its business in China, marking the latest blow to Germany’s struggling industrial sector.
Mercedes, BMW Flash Warning Lights on China
Top-end German carmakers have joined expensive French handbags among the products hit by weak consumer sentiment in the country.
Mercedes Stock Falls After New Profit Warning
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.
Mercedes Slashes Outlook as China Market Cools
Mercedes-Benz Group cut its financial forecast for the year due to a rapid deterioration of its business in China -- the company's biggest market. The Chinese market has cooled further, hurting sales of Mercedes' most expensive models like the S-Class and Maybach sedans.
I drove an $88,000 Mercedes-Benz sedan. These 21 features make it one of the most high-tech luxury cars money can buy
I drove the 2024 Mercedes-Benz E450 4Matic sedan and was impressed by its mild-hybrid engine, refined cabin, and immersive ...
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Mercedes cae tras advertir que crisis china afecta sus ganancias
Las acciones de Mercedes-Benz Group AG registraron la mayor caída en cuatro años después de que una desaceleración cada vez más profunda en China llevara al mayor fabricante de automóviles de lujo ...
Mercedes shares slump over 6% after carmaker cuts 2024 guidance on weak China demand
Mercedes shares fell more than 6% Friday after becoming the latest carmaker to cut its 2024 guidance. The German carmaker ...
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German auto giant Mercedes-Benz recalls half a million cars in China
German auto giant Mercedes-Benz is recalling more than half a million cars in China due to a technical defect. The Chinese ...
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Falcons to open Mercedes-Benz Stadium roof for SNF game vs. Chiefs
The Atlanta Falcons don’t generally open the roof at Mercedes-Benz Stadium unless it’s a special occasion, however, Sunday ...
Mercedes-Benz cuts margin outlook on weak Chinese market, shares fall
Mercedes-Benz cut its full-year profit margin target for the second time in less than two months, hitting European auto ...
Mercedes CEO Vows Moves to Boost Returns After Profit Warning
Mercedes-Benz Group AG Chief Executive Officer Ola Källenius pledged he’ll do whatever it takes to bolster returns after the ...