The developments, along with slowing growth for electric vehicles in Europe, have contributed to profit warnings from both ...
German sports car maker Porsche on Friday posted a 29% nine-month sales drop in China, joining peers BMW and Mercedes in ...
BMW and Mercedes-Benz saw car sales slump in China in the third quarter as weak consumer sentiment in their biggest market ...
Benz Group AG saw car sales slump in China in the third quarter as weak consumer sentiment in their biggest market weighed on ...
Volkswagen AG’s global sales dropped 7% in the third quarter, led by declines in Asia and Europe, as Germany’s biggest ...
Porsche AG’s sales plummeted in China during the third quarter as a decline in luxury spending and a shift to local electric ...
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 ...
Elon Musk is set to reveal the new Tesla Robotaxi, a Level 5 autonomous vehicle, part of his “cybercab” vision to compete ...
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 ...