Mercedes-Benz cuts costs, renews focus on combustion engine models in bid to revive earnings
Mercedes-Benz on Thursday announced further cost-cutting and more petrol and diesel cars than EVs in its new product range, in a bid to revive margins as the company braces for a sharp drop in earnings in 2025.
Mercedes-Benz Plans to Cut Jobs as Earnings Expected to Slump
The luxury-car maker aims to slash production costs by 10% over the next couple of years, including shifting some manufacturing from Germany to lower-cost countries.
Mercedes-Benz Earnings Are a Bad Sign for EV Sales. What It Means for Ford, Tesla.
Mercedes-Benz stock fell in overseas trading after the German auto maker reported better-than-expected earnings but gave an outlook that doesn’t inspire the passion drivers might feel for a 300 SLR sports car.
Mercedes-Benz moves to cut costs, revive sales after earnings slump
Mercedes-Benz on Thursday launched a fresh cost-cutting plan to revive sales and margins and battle stiff competition as the German carmaker forecast a big drop in earnings in 2025. Its car division reported a 40% slump in 2024 earnings as sales in the key Chinese and German markets took a battering.
Mercedes-Benz flags cost cuts, tough year ahead after torrid 2024
Mercedes-Benz warned of looming cost cuts Thursday and gave a bleak outlook for 2025 after its profits plunged almost a third last year amid a slump in China and slowing
Mercedes-Benz CEO signals potential for more US investment
CEO Ola Källenius spoke to reporters after the company's quarterly earnings report and signaled the automaker is open to ...
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Mercedes Will Keep Its Best Engines Around
Mercedes-Benz isn't going all-in on EVs after all, better yet, its V8 and V12 engines are going to stick around.During its ...
Mercedes-Benz Just Confirmed It’s Making a Smaller G-Wagen
If the Little G does turn out to be an EV, don’t expect it to look all that different from the standard G-Wagen. In the same ...
Mercedes Teases Baby g-Class, Electric E-Class, And More, V8 And V12 Live On
Brace yourself for the launch of many new and updated Mercedes offerings over the next two years, covering all segments ...
Carson Beck’s Mercedes-Benz, Lamborghini stolen from his Miami home
Miami-Dade Sheriff's Office confirmed that former Georgia quarterback Carson Beck had three luxury cars stolen from his home.
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Mercedes-Benz is already testing solid-state battery EVs promising +600 miles range
The race for the “holy grail” of EV batteries is heating up. Mercedes-Benz is now testing EVs with solid-state ...
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Mercedes-Benz eSprinter has upped its game with various improvements
If you’re on the lookout for a large electric van with a decent range, the Mercedes-Benz eSprinter is a strong contender.
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Mercedes-Benz announces new product launch with more petrol and diesel models than EVs
Mercedes-Benz has announces an 'intense product launch campaign' that will include more new petrol and diesel vehicles than ...
Mercedes-Benz opens sales for more ultra-luxurious residences in Miami
After announcing the launch of Mercedes-Benz Places Miami last year, the automaker is now opening Tower 2 along with a ...
Mercedes CFO warns of major losses in car industry nightmare
The penalties would have translated into higher sticker prices for new car buyers, as many US-market models, including pickup ...