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Rs 60,00,00,00,000 Scam: How this con woman used Sharia law to trap nearly 2 lakh investors chasing 'Halal profits'Rs 6000 crore Ponzi scam: Nowhera Shaik, a Hyderabad-based businesswoman, has been arrested by the Enforcement Directorate in connection wi...
Carmakers bank on $2.3 billion in future tariff refunds, risking Trump's ireCar companies are booking billions in expected tariff refunds. This move boosts their first-quarter profits on paper. However, automakers r...
Global Markets | South Korea's KOSPI rises to record high as chipmakers surge on export boomSouth Korea's KOSPI index reached an all-time high, surpassing its previous peak, driven by a surge in chipmakers following robust export d...
Beijing auto show: Chinese EV makers target Europe’s luxury car turfChinese car makers are now targeting premium customers. Brands like Geely and Nio are launching advanced electric and hybrid vehicles. Thes...
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-Benz 2024 car sales fall in tough year for automakersMercedes-Benz's car sales fell by 3% in 2024, significantly impacted by a 7% decline in China and a 3% decrease in Europe. Sales of battery...
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-Benz India zips past ₹10,000-crore revenue mark in FY23The robust financial performance came even as volumes have still to reach the peak of the pre-Covid year of FY19. In FY23, the local arm of...
IPO-bound Landmark Cars expects to double revenue in two yearsThe retailer of premium vehicles of automakers Mercedes Benz, Volkswagen, Honda and Fiat Chrysler in India is targeting notional revenue of...
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-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...
Daimler unveils Mercedes-Benz S-Class luxury car to take on BMW, AudiThe S-Class has traditionally served as the showcase for Daimler's latest technology, including safety features that Mercedes helped pionee...
Mercedes counting on a compact coupe CLA with more power to catch BMWCo to start deliveries of the CLA with more horsepower at a lower price in the US to broaden the brand’s appeal.
Mercedes-Benz loses ground to BMW, AudiStuttgart, Germany-based Mercedes delivered 964,900 cars and sport-utility vehicles worldwide through the first nine months of 2012.
- Mercedes-Benz COO warns sales crisis to hurt jobs
The number two executive at Daimler's premium brand Mercedes-Benz warned on Monday that a sharp plunge in demand for its luxury cars could ...