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The luxury carmaker is hitting the brakes on its EQ line, a move that could be seen as the beginning of the industry's ...
At the Korean branch of the German automotive giant, CIO Fares Kamal leads an IT organization that bridges diverse cultures ...
Mercedes ranked 23rd and tied with Ford, out of 33 brands, in J.D. Power's 2023 U.S. Initial Quality Study. Mercedes owners reported 201 problems per 100 vehicles, compared with 189 issues the ...
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Mercedes Slumps After Warning China Rout Is Hurting Profits - MSNThe stock slid as much as 8.4% in Frankfurt, the steepest intraday decline since 2020. Mercedes’ profit warning weighed across the sector, with BMW AG falling 4.4%.
Mercedes-Benz India announces a 1-1.5% price hike for September due to a weak rupee against the euro. Despite previous hikes, MD and CEO Santosh Iyer says demand persists. The company maintains steady ...
Mercedes-Benz's earnings decline and concerns over protecting margins are offset by its ability to weather uncertainty and maintain share price. Learn more on MBGYY stock here.
But Mercedes’ problems actually appear bigger than just tires and temperatures – at least for this season – given the gap to the leaders. The recent reliability woes have been very costly.
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