22

Feb

Mercedes-Benz says plug-in hybrids to ‘stay relevant’ amid EV demand slowdown

Mercedes-Benz Cars adjusted RoS of 12.6% in 2023 Trade tensions, supply chain costs to weigh on this year Carmaker will attempt to defend 2023 pricing levels Q1 sales expected below…

Read More Here

15

Sep

Mercedes-Benz threatened with recalls of Euro 6 cars over defeat devices

BERLIN, Sept 15 (Reuters) - Mercedes-Benz could face another wave of recalls after German transport authority KBA deemed inadmissible defeat devices installed in some of its vehicles, in a letter…

Read More Here

30

Apr

Cutting ties with China is ‘unthinkable’, Mercedes-Benz CEO tells BamS

FRANKFURT, April 30 (Reuters) - Cutting economic ties with China is unrealistic, the chief executive of luxury carmaker Mercedes-Benz told tabloid newspaper Bild am Sonntag, and said attempting to do…

Read More Here

19

Feb

VW, Mercedes-Benz urge Berlin to accelerate EV charging network expansion

BERLIN, Feb 19 (Reuters) - German carmakers Mercedes-Benz and VW have urged the government to do more to scale up the number of electric vehicle charging stations across the country,…

Read More Here

26

Oct

Mercedes-Benz lifts profit forecast as luxury cars boom

BERLIN, Oct 26 (Reuters) - Mercedes-Benz raised its full-year profit forecast on Wednesday as strong demand for luxury cars and cost savings offset the supply chain bottlenecks that have hampered…

Read More Here

12

Oct

Mercedes-Benz and Microsoft collaborate on supply chain data platform

BERLIN, Oct 12 (Reuters) - Mercedes-Benz and Microsoft announced a partnership on Wednesday using Microsoft Cloud for a data platform intended to improve production efficiency at over 30 passenger car…

Read More Here

11

Jul

Mercedes sales slump in Q2 as chip crisis continues

BERLIN, July 11 (Reuters) - Mercedes-Benz sales fell sharply in the second quarter, hampered by supply issues and coronavirus-related lockdown measures in China, the carmaker said on Monday. The automaker delivered 490,000 passenger…

Read More Here

27

Apr

Strong demand lets Mercedes-Benz hike prices to offset costs

BERLIN, April 27 (Reuters) - Mercedes-Benz MBGn.DE expects strong demand for high-end cars to allow it to offset rising raw material and transport costs with higher prices, forecasting a pick-up in deliveries once chip…

Read More Here

12

Jan

Mercedes-Benz to assemble flagship electric sedan in India

NEW DELHI, Jan 12 (Reuters) - Luxury carmaker Mercedes-Benz plans to start assembling the electric version of its flagship S-Class sedan, the EQS, in India, the head of the company's…

Read More Here

08

Jan

Daimler’s Mercedes-Benz sees 5% sales drop in 2021

Daimler's Mercedes-Benz sold 2.05 million vehicles in 2021, the company said on Friday, losing its crown for the first time in five years as the premium carmaker with the most…

Read More Here

14

Nov

Mercedes-Benz Cars to slash €1 billion in costs by 2022

Daimler shares fell sharply on Thursday after the German carmaker said tougher emissions rules will hit earnings in 2020 and 2021 forcing it to seek more than 1 billion euros…

Read More Here

12

Oct

Daimler issues mass van recall over emission violations

The German Federal Motor Transport Authority (KBA) has ordered auto giant Daimler to recall several hundred thousand vehicles for breaking diesel emissions regulations, the car manufacturer said Friday. Daimler, which…

Read More Here

15

Apr

Daimler in the spotlight again for cheating

Daimler confirmed it was facing a regulatory probe after a report said German authorities have uncovered a previously unknown type of pollution trickery software allegedly installed by the car giant…

Read More Here