Mercedes pulls earnings guidance amid Trump tariff uncertaintyMercedes-Benz reported a decline in car business profitability for the first quarter, with a margin of 7.3% compared to 9% last year. Group...
01 May, 2025, 12.54 AM IST
Mercedes CEO urges EU to find equitable solution to China-made EV tariff disputeMercedes-Benz CEO Ola Kallenius is urging the EU to find a fair solution regarding tariffs on Chinese-made EVs, cautioning against using ta...
23 Apr, 2025, 10.50 AM IST
Mercedes unveils new luxury electric limousine van seriesMercedes-Benz has introduced its "Vision V" series, a new line of all-electric luxury limousine vans, with plans to manufacture some models...
22 Apr, 2025, 01.38 PM IST
Porsche Q1 deliveries fall 8% on weaker demand in China and EuropePorsche experienced an 8% drop in global deliveries during the first quarter, primarily due to decreased demand in China and Europe, with d...
08 Apr, 2025, 12.52 PM IST
Ecos Mobility and Hospitality to launch IPO on August 28. Check detailsThe IPO consists entirely of an OFS of 1.8 crore shares, with promoters Rajesh Loomba and Aditya Loomba offloading part of their stakes. Ec...
22 Aug, 2024, 02.18 PM IST
Mercedes-Benz says plug-in hybrids to 'stay relevant' amid EV demand slowdownMercedes-Benz said it now expects up to 50% of sales by the end of the decade to come from electrified cars. The carmaker has long said it ...
22 Feb, 2024, 05.00 PM IST
Stellantis' Peugeot cars to use ChatGPT to talk to driversPeugeot will launch a pilot version of the ChatGPT service, which will be able to connect to vehicle controls and answer many general or na...
30 Jan, 2024, 06.46 PM IST
Mercedes says 'brutal' EV market will pressure car sales marginsMercedes-Benz reported that due to intense competition and challenges in the electric vehicle market, including significant price reduction...
26 Oct, 2023, 06.22 PM IST
Mercedes-Benz Vans to reorganise production network in EuropeThe luxury carmaker is to build a new plant for the production of vans in Poland, following the signing of a memorandum of understanding wi...
12 Dec, 2022, 02.25 PM IST
Mercedes-Benz unveils 40 billion euro plan to go all-electric by 2030To facilitate this shift from electric-first to electric-only, Benz unveiled a comprehensive plan which entails an investment of over 40 bi...
22 Jul, 2021, 05.11 PM IST
Amazon orders 1,800 Mercedes-Benz electric vans for European deliveriesA majority of the electric vehicles from Daimler AG's car and vans division will go into service this year, the company said, adding that i...
28 Aug, 2020, 12.59 PM IST
Steering a comeback: SUV boom reduces gloom for auto companiesAccording to industry body Siam, in July, SUVs clocked 14% growth in volumes over the corresponding period last year. The rise helped the i...
12 Aug, 2020, 10.31 AM IST
European shares inch lower as healthcare stocks dragShares in BP, Total and Royal Dutch Sell gained between 1.7% and 2.6% as crude prices rose on the back of lower-than-expected rise in U.S. ...
29 Apr, 2020, 01.47 PM IST
Force Motors plans Rs 600-cr capex to develop 2 new modelsThe BSVI-compliant vehicle will also be available in electric and CNG versions and has been developed over the past four years at an invest...
26 Jan, 2020, 07.13 PM IST
Force Motors eyes global van market with new generation T1NThe maker of the Tempo Traveller had engaged KPMG to define a future blueprint and strategy, and as part of this it made a decision three y...
23 Jan, 2020, 08.54 AM IST
Mercedes Benz to hire 1,000 engineers for R&D in IndiaThe Indian research team is currently undertaking important assignments to develop safety features in Mercedes-Benz vehicles, he said on th...
17 Nov, 2016, 08.36 PM IST
Daimler AG to hire 800 in India for boosting R&D operationsAutomotive major Daimler AG said today it plans to hire 800 professionals in India to boost Mercedes-Benz research and development team in ...
22 Feb, 2013, 07.54 PM IST