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HARALD WILHELM
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 CEO’s last shot at luxury crown hinges on revamped S-ClassMercedes-Benz is betting heavily on a refreshed S-Class to defend its luxury crown amid cooling demand and intensified competition.
- Trump tariffs force more automakers to scrap profit guidanceMounting trade tensions, spearheaded by unpredictable U.S. tariffs, have prompted Stellantis and Mercedes-Benz to retract their profit fore...
- Mercedes-Benz to cut headcount, lower pay increases amid cost-cutting driveMercedes-Benz has secured agreement from its works council to implement cost-saving measures, including job buy-outs and halving planned sa...
- Mercedes and Porsche’s fight with China is coming close to homeChinese companies BYD, Nio, and others are competing against European luxury car brands like Mercedes and BMW. They are leveraging advanced...
- Mercedes to step up cost cuts after weak Q3 earnings, competition woes in ChinaThe carmaker cut its full-year profit margin target twice during the third quarter, joining a growing number of European rivals blaming a w...
- 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...
- Mercedes-Benz to quit Russian market, sell shares to local investorJapan's Nissan this month took a $687 million loss in handing over its business in Russia to a state-owned entity for one euro, mirroring a...
- Mercedes aims to fuel road to electric luxury with 'desire'Mercedes-Benz has said it aims to sell exclusively electric vehicles in 2030 where market conditions allow. The volume of EVs sold will acc...
- Daimler set to spin off truck unit by year end: CFO"We are right on schedule with the detailed preparations for this complex project and want to float Daimler Truck on the stock exchange as ...
- Rumour has it: Mercedes-Benz all set to electrify its sports vehicles, will compete with Porsche & TeslaIt’s very likely Mercedes will introduce a battery-electric platform for sports cars in the coming years.
- Airbus CFO says A350 in challenging phase, tweaks A380"The A350 is in a critical phase, and challenges and risks remain," Finance Director Harald Wilhelm told reporters.
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