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MERCEDES CHINA SALES
Mercedes, BMW, Volkswagen, Audi and Porsche are losing China to EV upstartsAs competition in the Chinese automotive sector intensifies, German car manufacturers are witnessing a decline in sales and profitability. ...- BMW aims to cut 8,000 jobs by end 2027, source saysBMW plans voluntary redundancy for nearly half its German workforce. This move aims to reduce approximately eight thousand jobs by the end ...
- School Assembly News Headlines, July 29, 2026: Top national, international, business, sports updates and thought of the dayDelhi government approved the Lakshmi Yojana scheme for women's financial aid. The Supreme Court ordered safeguards for NEET protestor data...
- Global Market: European stocks trade flat as tech selloff offsets earnings boost from consumer, luxury firmsEuropean stock markets remained relatively stable despite a notable dip in technology shares. The positive earnings reported from the consu...
- Mercedes Benz reports Q2 profit boost but flags China woes for car salesMercedes-Benz saw a profit increase but faces challenges ahead. The automaker now expects overall sales to decline in 2026. This forecast i...
- US Senate panel advances bill tightening ban on Chinese automakersA US Senate committee approved legislation to ban Chinese automakers from the American market. This bill could affect German automaker Merc...
- Global Market: Chinese tech firms raise over $27 billion in Hong Kong to fuel AI, chip expansionChinese technology firms are actively raising substantial funds in Hong Kong. These companies are financing growth in artificial intelligen...
- BMW races to catch up in a Chinese EV market that won't slow downBMW faces declining sales in China after two years of reduced performance. The automaker's new electric cars are set to launch in November....
- ET Prime Special Series: Multibagger or IBC - Part 66: This old auto ancillary giant is betting big on the next energy shiftFor 40 years, this was one of those businesses the market treated as safe – and slightly dull. It dominated its market, and it generated st...
- Unions to protest as Volkswagen thrashes out job cut plansGerman auto giant Volkswagen's management meet Thursday to thrash out plans for what could be the biggest ever restructuring in the global ...
- Mercedes-Benz net profit nearly halves in 2025 amid US, China woesGerman carmaker Mercedes-Benz reported Wednesday its lowest annual profit since the Covid pandemic, as it counted the cost of US tariffs an...
- 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...
- Mercedes' global sales drop led by 10% fall in China ordersMercedes-Benz Group AG is experiencing a downturn in China, its largest market, with sales declining by 10% in the first quarter of 2025 du...
- Mercedes-Benz plans to cut 25% of workforce costs in China by 2027, source saysMercedes-Benz is reducing its workforce in China by 10% to 15% in sales, finance, IT service, and legal departments to lower costs by a qua...
- Mercedes-Benz plans to cut up to 15% jobs in China: ReportMercedes-Benz is planning to reduce its workforce in China by up to 15%, primarily affecting its financing and sales units. The layoffs hav...
- Mercedes to use Momenta software in 4 models, accelerate China comeback, sources sayMercedes-Benz is planning a $75-million investment in autonomous driving startup Momenta to enhance its market share in China. This partner...
- Cutting ties with China is 'unthinkable': Mercedes-Benz CEO Ola KaelleniusMercedes-Benz CEO, Ola Kaellenius, has called cutting off economic ties with China "unthinkable for almost all of German industry" and stat...
- Mercedes beats BMW, Audi again in September as China sales riseMercedes-Benz was the world’s best-selling luxury car brand for the third consecutive month in September, surpassing BMW and Audi.
- Audi weighs new China plant to hit sales targetVolkswagen’s Audi luxury unit may add a new factory in China as a plant in Changchun won’t suffice to back the carmaker’s expansion in the ...
- Mercedes' cars global sales rise 1 pc in JulyCarmaker Daimler AG said Wednesday its Mercedes-Benz Cars division sold 105,100 vehicles globally last month, a 1-per cent increase from la...
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