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 ...

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 ...

New reports indicate that luxury sales in mainland China have fallen by approximately 10% so far this year, and talking to ...

Currently, Hilton operates 19 luxury hotels in China under its Waldorf Astoria and Conrad brands. Its high-end brands also ...

HSBC, Barclays and TD Cowen dial back expectations for luxury stocks as Chinese and American affluent consumers signal ...