STUTTGART, Germany - "We need to be successful in China to be even more successful in the world," said the top executive of ...

Mercedes-Benz Group AG said it would step up cost improvement measures after its carmaking margin dropped amid fierce ...

Europe's automakers are struggling amid falling demand and increased competition from China, with Mercedes-Benz the latest to ...

Volkswagen is mulling the closure of factories in Germany for the first time to cut costs, while rivals BMW and Mercedes-Benz ...

According to reports, the upcoming new-gen Mercedes-Benz CLA will be powered by an engine produced in China.The IC engine on ...

The poor results were due to a "challenging market environment and fierce competition, particularly in China", the auto manufacturer said. Mercedes chief financial officer Harald Wilhelm conceded ...

A year earlier, it had been 12.4%. Mercedes is experiencing difficulties, particularly in China, because its expensive models are not performing as well as expected, and there is no improvement on ...

fierce competition for slump Says will fight for market share in China, pledges cost cuts Oct 25 (Reuters) - Mercedes-Benz (MBGn.DE), opens new tab will step up cost cuts after earnings halved in ...

Europe's automakers are reeling from plunging EV sales and brutal competition in China. Mercedes-Benz became the latest to sound the alarm on Friday, posting a 31% drop in EV sales in its Q3 earnings.

Mercedes-Benz vans generated revenue of €4.657 billion, compared with €4.939 billion a year ago. The company sold 91,063 Mercedes-Benz vans, lower than the 105,083 units a year ago.