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

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

The next Mercedes CLA will feature a China-built 2.0L engine developed by Geely and Renault, then fine-tuned in Germany. This ...

An icon in the shape of a lightning bolt. Impact Link The days of European carmakers dominating China's luxury vehicle market ...

German automaker Audi has unveiled a brand name for a new electric car to hit the China market next year. The model will ...

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 ...

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 ...

per the China Passenger Car Association figures, compared with about 15.6 million in the US and 10.5 million in Europe. Like VW, BMW and Mercedes also reported a slide in sales in China in the third ...

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.