While Mercedes has had good union relations with its German workforce, the employees elect half of the supervisory board members. Heavily unionized workforces tend to limit profit because of wage ...
The German carmaker’s shares started Friday with an almost 7% drop as the company significantly cut its expected results for ...
The BMW M4 is a direct descendant of the legendary M3, and one of the best high-performance vehicles money can buy. Packing a ...
"Mercedes cuts profit margin target again" was originally created and published by Just Auto, a GlobalData owned brand.
Mercedes-Benz Group AG Chief Executive Officer Ola Källenius pledged he’ll do whatever it takes to bolster returns after the ...
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% ...
The best rear wheel drive cars can be ideal for towing, providing caravanners with balanced handling and uncorrupted steering ...
The STOXX 600 Autos and Parts index is among this year's worst performers. Analysts predict a 13.6% earnings drop in 2024, a reversal from the years immediately after the pandemic, when supply chain s ...
"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] ...
The Tesla Model 3, VW ID7 and BYD Seal are propping up the midsize segment, while big declines for the Tesla Model Y and Kia ...
After nine years, the Alfa Romeo Giulia Quadrifoglio should probably be shuffling off arthritically into the sunset. Instead, ...
BMWs cost $314 more per year in maintenance than other major car brands and require more frequent repairs. See what goes into ...