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Mercedes to step up cost cuts after earnings halve

German premium automaker Mercedes-Benz on Friday said third-quarter earnings in the core car division plunged by 64%, massively missing analysts' estimates, as Chinese consumers continued to cut back on luxury goods in a weakening economy.

MarketWatch · 1d

Mercedes-Benz Revenue, Net Profit Seen Lower on China Woes -- Earnings Preview

Mercedes-Benz Group is scheduled to report results for the third quarter on Friday. Here is what you need to know. REVENUE FORECAST: The German luxury-car company's group revenue is expected at 36.29 billion euros ($39.

Barron's · 1d

Mercedes Reports Profit Plunge On China Woes

German luxury carmaker Mercedes-Benz said on Friday its profits in the third quarter plunged by more than 50 percent, hit hard by weakness in the key Chinese market.

Carscoops · 11h

Mercedes EV Sales Plunge 31% In Q3, Sending Profits Into A Tailspin

Mercedes had a disappointing third quarter as their car division saw a slight decrease in sales. Electric vehicle sales were down 31% compared to a year ago. Group revenue fell 6.7% in Q3, while earnings per share dropped 47.

New York Post on MSN · 15h

Mercedes-Benz to ramp up cost cutting after profit drops by 50%

Mercedes-Benz on Friday said it plans to ramp up cost-cutting efforts after its net profit halved in the third quarter amid weak demand in China. The German automaker cut its full-year profit margin twice during the third quarter,

2025 Mercedes-Benz GLC quick take — a closer look at what's new

The second-generation GLC gets some new models for the 2025 model year. But does it still have the fundamentals to keep it ...

Hosted on MSN1d

5 Best Mercedes-AMG SUVs & Cars Of 2024 🔥

Greetings Mercedes-AMG enthusiast. In this video you will see the 5 Best Mercedes-AMG SUVs & Cars Of 2024 that we shot at Brussels Motor Show & Automobile Barcelona. If you liked the video, don't ...

CarBuzz on MSN5d

Every Electric Mercedes Ranked From Least To Most Expensive

Unlike the EQB, which looks almost identical to the GLB, the Mercedes EQE Sedan electric car looks remarkably different from ...

2025 Mercedes-Benz G-Class: Inside the most advanced G-Wagon yet

Mercedes-Benz injects a touch of electrification into its famed G-Wagon as it returns with new features for 2025 ...

12hon MSN

Check out The Weeknd's insane $2.5 million car collection, with photos

The Weeknd is a popular award-winning singer. The Weeknd owns an insane $2.5 million car collection. Check it out!

Guideautoweb.com3d

2025 Mercedes-Benz GLC 350e Arrives With 87 km of EV Range

A new plug-in hybrid SUV offering unbeatable zero-emission range is about to launch in Canada. We’re talking about the 2025 ...

CarBuzz on MSN8d

Mercedes-Benz Updating Almost Every Single Car For 2025: Here's What's Changing

While its roots trace back to the Benz Patent Motorwagen in 1895, Mercedes-Benz was officially founded in June 1926 when ...

1don MSN

Mercedes car earnings plunge as China shuns luxury

By Andrey Sychev (Reuters) -German premium automaker Mercedes-Benz on Friday said third-quarter earnings in the core car ...

Cars17h

2024 GMC Hummer EV SUV Video: An Unexpected Favorite

In this video, we cover the reasons why the 2024 GMC Hummer EV SUV has quickly become one of our favorite electric luxury SUVs.

MotorTrend on MSN1d

The Lincoln Nautilus Is MotorTrend’s 2025 SUV of the Year

Squaring off against big-time luxury SUV competition, Lincoln’s new Nautilus proves it has the goods to take the brand to a refreshingly new level of excellence.

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