Mercedes-Benz – Charm

Tempus AI COO Ryan Fukushima sells 20,000 shares of stock

Zeekr set to take on BMW, Mercedes in China’s SUV segment, SCMP says

Cs news7 hours ago01 mins

https://www.tipranks.com/news/the-fly/h-c-wainwright-strong-core-scientific-bulls-as-coreweave-ipo-approaches Chinese electric vehicle maker Zeekr (ZK) will unveil a luxury model next month, targeted at luring wealthy consumers away from premium foreign brands such as Mercedes-Benz (MBGYY) and BMW (BMWYY), the South China Morning Post’s Daniel Ren says. The Hangzhou-based unit of Geely Auto (GELYF), mainland China’s second-largest carmaker by sales, said on Monday…

Mercedes-Benz plans to cut up to 15% jobs in China, Bloomberg News reports

Cs news2 weeks ago02 mins

(Reuters) – Mercedes-Benz and its subsidiaries plan to cut up to 15% of their workforce in China, Bloomberg News reported on Thursday, citing people familiar with the matter. The job cuts will primarily impact its financing and sales units, Mercedes-Benz Automobile Finance Co and Beijing Mercedes-Benz Sales Service Co, the report added. Mercedes-Benz has already…

Tesla, EV, EV policy, electric vehicle, Making in India, Mercedes-Benz, BMW

Follow traffic rules: Tesla must navigate its way through India’s evolving EV policy – Opinion News

Cs news3 weeks ago06 mins

Tesla has once again set its sights on the Indian market, though it is still keeping its India road map under wraps. While the company has posted hiring positions in Mumbai and Delhi, signalling plans to establish a retail presence, it has yet to confirm whether it will fully commit to local manufacturing or continue…

XPENG CEO: “Elimination Round” Hitting in Chinese EV Market in 2025

Cs news2 months ago07 mins

Sign up for daily news updates from CleanTechnica on email. Or follow us on Google News! The Chinese electric vehicle market has gotten a lot bigger in the past year as electric vehicles have gotten more and more competitive. As part of that, there have been occasional “price wars” in which automakers aggressively…

Mercedes to use Momenta software in 4 models, accelerate China comeback, sources say

Cs news3 months ago05 mins

SHANGHAI/BERLIN (Reuters) -Mercedes-Benz is betting on China’s Momenta to help it win back market share in the world’s biggest auto market, with plans for fresh investment and at least four future models to use the autonomous driving startup’s software, three sources with knowledge of the matter said. The plans, which have not been previously reported,…

Stalled European Electric Vehicle Sales Trigger 4,000 Job Cuts At Ford

Cs news4 months ago06 mins

The logo of the Ford Motor Company is displayed on the front grille of an electric Ford Transit … [+] being charged in a dealership in Bristol, U.K. (Photo: Matt Cardy) Getty Images Automobile manufacturing giant Ford has announced 4,000 job cuts across its European operations blaming stalled electric vehicle sales on the continent. The…

A Mercedes-AMG SL 63 4MATIC+ car is displayed in a showroom at Mercedes-Benz competence center, in Sindelfingen

Mercedes car earnings plunge as China shuns luxury

Cs news5 months ago04 mins

(Reuters) — German premium automaker Mercedes-Benz (MBG.DE, MBGAF) 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. “The Q3 results do not meet our ambitions,” CFO Harald Wilhelm said in a statement, adding…