Mercedes-Benz Group AG said it would step up cost improvement measures after its carmaking margin dropped amid fierce ...

STUTTGART, Germany - "We need to be successful in China to be even more successful in the world," said the top executive of ...

Europe's automakers are struggling amid falling demand and increased competition from China, with Mercedes-Benz the latest to ...

An icon in the shape of a lightning bolt. Impact Link The days of European carmakers dominating China's luxury vehicle market ...

The poor results were due to a "challenging market environment and fierce competition, particularly in China", the auto manufacturer said. Mercedes chief financial officer Harald Wilhelm conceded ...

Germany's Daimler Truck said on Tuesday it was assessing the future of its China operations as a recovery in the Chinese ...

A year earlier, it had been 12.4%. Mercedes is experiencing difficulties, particularly in China, because its expensive models are not performing as well as expected, and there is no improvement on ...

LONDON/FRANKFURT (Reuters) -BMW on Wednesday reported a 61% drop in its third-quarter profit, missing analyst expectations ...

Europe's automakers are reeling from plunging EV sales and brutal competition in China. Mercedes-Benz became the latest to sound the alarm on Friday, posting a 31% drop in EV sales in its Q3 earnings.

Europe's automakers are reeling from plunging EV sales and brutal competition in China. Mercedes-Benz became the latest to sound the alarm on Friday, posting a 31% drop in EV sales in its Q3 earnings.