German carmaker Mercedes-Benz eyes turnaround as profits plunge
German luxury carmaker Mercedes-Benz on Thursday presented a plan to increase sales and cut costs, after annual earnings ...
Mercedes-Benz's annual profits fall sharply on weakness in China
German luxury carmaker Mercedes-Benz experienced a significant decline in profits last year, primarily due to weakening ...
Mercedes-Benz Cuts Costs, Renews Focus on Combustion Engine Models in Bid to Revive Earnings
The German luxury carmaker will release 19 new combustion engine models and 17 battery-electric cars by the end of 2027, in a ...
Mercedes-Benz profits plunge as German carmakers reel
Frankfurt: Mercedes-Benz said Thursday it planned hefty cost cuts after its 2024 profits plunged by almost a third amid a slump in China and weak electric car s ...