Mercedes-Benz said its third-quarter profit fell nearly 31% from a year earlier, as Germany’s key auto sector grapples with rising costs, competition, and trade barriers. Profit...
Volkswagen Group said it slightly increased sales in the first nine months of this year, as challenging conditions in China and the US outweighed higher shipments...
Challenging times are ahead for the German automotive industry. Since Volkswagen management wants to cancel bonuses for all workers and reduce wages, the question arises as...
Shares of Mercedes-Benz fell by eight percent today after the company lowered its earnings expectations for 2024 due to weaker demand in China. The company forecasts...