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Mercedes Cuts Earnings Outlook
Mercedes-Benz cuts margin outlook on weak Chinese market, shares fall
Mercedes-Benz cut its full-year profit margin target for the second time in less than two months, hitting European auto stocks as it joined a growing number of rivals that are blaming a weakening Chinese car market,
Mercedes-Benz Group Cuts Full-Year Outlook, Citing Macroeconomic Deterioration
Mercedes-Benz Group lowered its full-year outlook, a move it said was triggered by the further deterioration of the macroeconomic environment, specifically in China.The German luxury car brand on Thursday said its cars unit is now expected to post an adjusted return on sales between 7.
Mercedes-Benz cuts guidance on slump in China’s economy
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.
Mercedes-Benz and Beijing Benz to recall a total of 523,094 vehicles in China
Mercedes-Benz and its Chinese joint venture with BAIC Motor will recall a total of 523,094 imported and domestically manufactured vehicles in China over potential safety hazards, China's market regulator said on Friday.
Live news: Mercedes-Benz lowers full-year outlook on China’s economic ‘deterioration’
Mercedes-Benz lowered its full-year earnings outlook, blaming the weaker projections on China’s worsening macroeconomic conditions. The company on Thursday said its car division now anticipated the return on sales to be in the range of 7.
Mercedes Cuts Earnings Outlook as Auto Sales in China Falter
Mercedes-Benz Group AG cuts its financial forecast for the year as the luxury-car maker cited a rapid deterioration of its business in China.
8h
I drove an $88,000 Mercedes-Benz sedan. These 21 features make it one of the most high-tech luxury cars money can buy
I drove the 2024 Mercedes-Benz E450 4Matic sedan and was impressed by its mild-hybrid engine, refined cabin, and immersive ...
Falcons Wire
1h
Falcons to open Mercedes-Benz Stadium roof for SNF game vs. Chiefs
The Atlanta Falcons don’t generally open the roof at Mercedes-Benz Stadium unless it’s a special occasion, however, Sunday ...
DPA International on MSN
4h
German auto giant Mercedes-Benz recalls half a million cars in China
German auto giant Mercedes-Benz is recalling more than half a million cars in China due to a technical defect. The Chinese ...
6h
Hold Rating on Mercedes-Benz Group Amidst Earnings Warning and Economic Downturn
Stifel Nicolaus analyst Daniel Schwarz has maintained their neutral stance on MBGAF stock, giving a Hold rating on September 9. Daniel Schwarz ...
Autocar India
2m
Mercedes-Benz EQS SUV price in South goa
Mercedes-Benz EQS SUV Price in South goa starts from Rs 16188299. Get the best On-Road Price of Mercedes-Benz EQS SUV in ...
5m
MPCB notice to Mercedes Benz India for eco norms violation at Chakan unit
Pune: MPCB's regional officer JS Salunkhe on Friday served a notice on Mercedes Benz India for violation of environmental norms, almost a month after .
7h
Mercedes-Benz Group (MBGAF) Gets a Buy from RBC Capital
In a report released today, Tom Narayan from RBC Capital maintained a Buy rating on Mercedes-Benz Group (MBGAF – Research Report), with a ...
Autocar India
15m
Mercedes-Benz EQS SUV price in Morinda, india
Mercedes-Benz EQS SUV Price in Morinda, india starts from Rs 16188299. Get the best On-Road Price of Mercedes-Benz EQS SUV in ...
4h
on MSN
Mercedes CEO Vows Moves to Boost Returns After Profit Warning
Mercedes-Benz Group AG Chief Executive Officer Ola Källenius pledged he’ll do whatever it takes to bolster returns after the ...
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