"Mercedes cuts profit margin target again" was originally created and published by Just Auto, a GlobalData owned brand.

Foreign carmakers are ceding more share to local rivals, with BMW, VW and General Motors reporting further slumps in ...

Mercedes-Benz Cars now expects an adjusted return on sales to be between 7.5% and 8.5% in 2024, down from 10% to 11% ...

That was quick: barely 24 hours after rumours emerged that Nio could take over the Audi factory in Brussels, the Chinese ...

European auto stocks are so unpopular right now that investors keep reducing their exposure even as the scale of the industry ...

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] ...

Volkswagen is struggling to compete in China's growing NEV market, with partnerships in place for potential software ...

German Economy Minister Robert Habeck said on Friday that he wants to help Volkswagen get through this period of cost-cutting without site closures.

An audit commissioned by Volkswagen at its Xinjiang site in China did not meet key international standards, according to the ...

For the first time ever, Volkswagen intends shuttering factories across Germany and tearing up labor contracts with its ...