Northvolt was presented as the ultimate European batteries in the face of China. Splash! The Swedish company is facing major ...
Europe’s biggest automaker, Volkswagen (OTC: VWAGY) is considering plant closures for the first time in its 87-year-old ...
Mercedes-Benz Group AG Chief Executive Officer Ola Källenius pledged he’ll do whatever it takes to bolster returns after the ...
German auto manufacturer Mercedes-Benz fell sharply on the Frankfurt Stock Exchange on Friday after the group lowered its outlook on the back of weak sales in its key Chinese market.
Nio, one of Tesla’s Chinese rivals in the EV market, is slashing the price of its new Onvo-branded SUV, the L60.
More than 60% of the customers choosing the Onvo L60 consider battery-swapping technology as the most desirable attribute, ...
Mercedes-Benz has cut its full year profit margin target for the second time in less than two months, joining a growing ...
Volkswagen faces financial challenges amidst market share loss, high costs, and supply chain disruptions. Learn why VWAGY ...
European auto stocks are so unpopular right now that investors keep reducing their exposure even as the scale of the industry ...
Adjusted returns in the main cars unit are now expected in a range of between 7.5 percent and 8.5 percent, compared with a ...
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.
"While some investors had been anticipating a profit warn from Mercedes Benz, we still view this news as a surprise, especially given the magnitude and lack of cautionary commentary ahead of [the] ...