The developments, along with slowing growth for electric vehicles in Europe, have contributed to profit warnings from both ...

Benz Group AG saw car sales slump in China in the third quarter as weak consumer sentiment in their biggest market weighed on ...

German sports car maker Porsche on Friday posted a 29% nine-month sales drop in China, joining peers BMW and Mercedes in ...

Volkswagen AG’s global sales dropped 7% in the third quarter, led by declines in Asia and Europe, as Germany’s biggest ...

Mercedes-Benz saw a slight drop in cars sales in the third quarter as weaker demand, particularly in Asia, outweighed ...

Mercedes is the latest German auto giant to cut its profit forecast, flailing against a weakening European market, more competition in China, and struggling sales of electric vehicles. German ...

Mercedes-Benz Group AG (MBG.DE, MBGAF) is cutting its full-year sales forecasts, now revising it lower to a range of 7.5% to 8.5% from 11%. The luxury automaker references its languishing sales ...

Mercedes CEO Scours China for High-Tech Partners as Sales Slide Carmaker adding features that will appeal to Chinese market BMW, Mercedes slash outlook after Chinese consumers step back ...

LONDON, Sept 20 (Reuters Breakingviews) - Mercedes-Benz’s (MBGn.DE), opens new tab all-important China motor is sputtering. The $64 billion luxury carmaker warned of collapsing earnings and free ...

China Vanke, once China’s second-largest home builder, reported an interim loss for the first time in two decades, underscoring the depth of damage the country’s long property crisis continues ...

Exports of Australian wine to Northeast Asia nearly halved by value in the year ended September 30, led by a massive decline in shipments to mainland China after Beijing slapped high tariffs on ...

Overall, the plunge in smartphone sales in China reflected the sector’s performance globally. In 2022, global smartphone shipments hit 1.2 billion, the lowest since 2013 and a year-on-year fall ...