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Europe automaker shares slump after Mercedes becomes latest to cut 2024 guidance
Mercedes shares fell more than 6% Friday after the German carmaker cut its 2024 guidance on the back of weaker demand from China.
Mercedes, BMW Flash Warning Lights on China
Top-end German carmakers have joined expensive French handbags among the products hit by weak consumer sentiment in the country.
Mercedes-Benz cuts margin outlook on weak Chinese market, shares fall
Mercedes-Benz cut its full-year profit margin target for the second time in less than two months, hitting European auto stocks as it joined a growing number of rivals that are blaming a weakening Chinese car market,
Mercedes shares slump over 6% after carmaker cuts 2024 guidance on weak China demand
Mercedes shares fell more than 8% Friday after the German carmaker cut its 2024 guidance on the back of weaker demand from China.
Mercedes Slumps After Warning China Rout Is Hurting Profits
Mercedes-Benz Group AG shares fell the most in four years after a deepening slowdown in China prompted the world’s biggest luxury-car maker to cut its outlook.
Mercedes’ China motor hits one of two roadblocks
Mercedes-Benz’s all-important China motor is sputtering. The $64 billion luxury carmaker warned of collapsing earnings and free cash flow this year, as a real estate bust in the People’s Republic means less demand for upmarket rides.
Mercedes-Benz shares fall after profit warning
Chief executive Ola Källenius told analysts on Friday that the company’s issues stemmed “mainly [from] China” but added that in other markets, such as Europe, Mercedes-Benz was also still feeling “the [impact] of higher interest rates”.
Mercedes-Benz cuts guidance on slump in China’s economy
Mercedes-Benz Group shares fell 8% on Friday after the German carmaker made another cut to its full-year guidance, citing a slowdown in car sales caused by a slump in China’s economy. The Stuttgart company said the cut to its outlook,
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I drove an $88,000 Mercedes-Benz sedan. These 21 features make it one of the most high-tech luxury cars money can buy
I drove the 2024 Mercedes-Benz E450 4Matic sedan and was impressed by its mild-hybrid engine, refined cabin, and immersive ...
The Sports Rush
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Lewis Hamilton Explains Mercedes is a “Bit Lost” in Singapore
Dejected with the performances after FP1 and FP2 in Singapore, Lewis Hamilton claims Mercedes has lost its way in the ...
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on MSN
Mercedes Cuts Earnings Outlook as Auto Sales in China Falter
Mercedes-Benz Group AG cuts its financial forecast for the year as the luxury-car maker cited a rapid deterioration of its ...
DPA International on MSN
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German auto giant Mercedes-Benz recalls half a million cars in China
German auto giant Mercedes-Benz is recalling more than half a million cars in China due to a technical defect. The Chinese ...
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on MSN
Hollyoaks to provide big Mercedes update amid cancer ordeal
Hollyoaks will provide a big update on the health of Mercedes McQueen after it was revealed that she has been diagnosed with ...
TopSpeed on MSN
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10 Mercedes-Benz Models You Should Buy Used
Kicking off our list is the latest redesign of Mercedes' mid-sized SUV, the GLE. The fourth generation of this German SUV ...
GPFans on MSN
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Mercedes to unveil COMPLETELY NEW car design for next F1 race
The Brackley-based outfit have experienced a tumultuous year, starting with the shock news in February that their star driver ...
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Mercedes cae tras advertir que crisis china afecta sus ganancias
Las acciones de Mercedes-Benz Group AG registraron la mayor caída en cuatro años después de que una desaceleración cada vez ...
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