mercedes-benz earnings

Mercedes-Benz Plans to Cut Jobs as Earnings Expected to Slump

The luxury-car maker aims to slash production costs by 10% over the next couple of years, including shifting some manufacturing from Germany to lower-cost countries.

cbtnews · 1d

Mercedes-Benz announced plans to cut costs and expand its lineup

Mercedes-Benz cuts costs, boosts combustion engine focus after EV sales drop 25%, aiming to revive earnings amid global market challenges.

Daily Journal · 2d

Mercedes-Benz flags cost cuts, tough year ahead after torrid 2024

Mercedes-Benz warned of looming cost cuts Thursday and gave a bleak outlook for 2025 after its profits plunged almost a third last year amid a slump in China and slowing

GB News on MSN · 1d

Mercedes-Benz to cut costs and roll out more petrol and diesel cars despite Labour threats

A major car brand has revealed it will produce more petrol and diesel vehicles despite UK net zero plans and hit to its own profits. Mercedes-Benz said on Thursday it would initiate cost-cutting moves while also backing petrol and diesel cars through its new product range.

Mercedes-Benz cuts costs, renews focus on combustion engine models in bid to revive earnings

Mercedes-Benz on Thursday announced further cost-cutting and more petrol and diesel cars than EVs in its new product range, ...

2don MSN

Mercedes-Benz Earnings Are a Bad Sign for EV Sales. What It Means for Ford, Tesla.

Mercedes-Benz stock fell in overseas trading after the German auto maker reported better-than-expected earnings but gave an ...

1don MSN

Mercedes-Benz CEO signals potential for more US investment

CEO Ola Källenius spoke to reporters after the company's quarterly earnings report and signaled the automaker is open to ...

GlobalData on MSN2d

Mercedes-Benz Group reports decline in revenue and profit for 2024

Mercedes-Benz Group has reported revenue of €145.6bn ($151.9bn) for full year 2024, marking a 4.5% decrease from the €152.4bn ...

Mercedes-Benz Earnings to Take Back Seat to Strategy Update, New Targets -- Earnings Preview

REVENUE FORECAST: The German luxury-car company's group revenue is expected at 38.12 billion euros ($39.82 billion), according to a FactSet analyst poll, down from 40.26 billion euros in the fourth ...

Morningstar2d

Mercedes-Benz Expects Earnings Slump, Plans to Cut Costs — Update

Mercedes-Benz expects earnings to fall significantly this year and outlined plans to boost competitiveness that includes a 10% cut to production costs over the next couple of years. "To ensure the ...

Mercedes-Benz won't be following Tesla and Elon Musk into robotaxis

The Cybercab was unveiled last October at a glitzy event at a Warner Bros. studio in Burbank, Calif. It's a battery-powered ...

Futures lower, Walmart to report, Mercedes-Benz earnings - what's moving markets

Economic data has shown a decline in monthly retail sales, while a recent consumer sentiment survey for February unexpectedly ...

Yahoo Finance2d

Mercedes-Benz moves to cut costs, revive sales after earnings slump

BERLIN (Reuters) - Mercedes-Benz (MBG.DE) on Thursday launched a fresh cost-cutting plan to revive sales and margins and battle stiff competition as the German carmaker forecast a big drop in ...

Mercedes-Benz CEO on Trump tariffs: we are an American company too

Mercedes-Benz ( MBGAF) is gearing up for the Trump trade war by battening down the hatches on costs and boosting EV and ...

DPA International on MSN2d

German carmaker Mercedes-Benz eyes turnaround as profits plunge

German luxury carmaker Mercedes-Benz on Thursday presented a plan to increase sales and cut costs, after annual earnings ...

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