Mercedes-Benz Group AG Chief Executive Officer Ola Källenius pledged he’ll do whatever it takes to bolster returns after the ...
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.
"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] ...
Mercedes-Benz cut its full-year profit margin target for the second time in less than two months, hitting European auto ...
Despite being acquired by SAIC Motor (China’s largest car manufacturer), the brand has ... MG Gloster : A full-size SUV that ...
LVMH's valuation is near 10-year lows, but uncertainties and declining estimates make it an unattractive entry point. Learn ...
The German luxury carmaker said the move was triggered by the further deterioration of the macroeconomic environment, ...
In essence, they’ve done what Musk and Tesla have only dreamed about but have been unable to deliver. China has the advantage of having a massive EV ecosystem- that spans from motors and drivetrains ...
By the 1990s, more and more Chinese people began to flock to tourist destinations. Since then, the number has been rising, ...
New reports indicate that luxury sales in mainland China have fallen by approximately 10% so far this year, and talking to ...
Report with the AI impact on market trends- The global organic light-emitting diode market size is estimated to grow by USD ...
Prada presented an eclectic "superhero" collection for Milan Fashion Week Thursday heavy on S&M steel rings and mirrored metallics -- with ribbed leggings and bodysuits imparting a cosy, grungy touch.