mercedes earnings - Search News

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.

Business Times · 2d

Mercedes outlines cost cuts with 2025 earnings seen lower

GERMAN luxury automaker Mercedes-Benz Group expects earnings to be significantly lower this year and will cut production costs to boost profitability. Read more at The Business Times.

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 · 22h

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.

TopSpeed on MSN · 1d

Mercedes To Cut Production Due To Bleeding EV Profits

Mercedes is slowing down in its bid to go fully electric as it plans to launch more new gasoline-powered models than EVs.

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, ...

1don 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 ...

Mercedes warns car margin may slump to lowest since 2020

Mercedes-Benz Group AG expects its carmaking margin to drop to as low as 6% this year as it grapples with fierce competition ...

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 ...

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 ...

54mon MSN

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

If robotaxi fleets run by car companies are the future — as laid out by Tesla CEO Elon Musk — you can count luxury legend ...

ndtvprofit1d

Mercedes Expects 2025 Sales To Be Lower; Sees Earnings ‘Significantly Below’ 2024 Levels

Overall EBIT, which is earnings before interest and taxes, was down 31% and the company’s outlook is estimated ‘Significantly Below’ 2024 levels.

1don MSN

Mercedes To Roll Out 19 New ICE And 17 EV Models That Will Ditch The Egg Shape By 2027

Bad EV sales performance has forced Mercedes to reinvest in traditional combustion powertrains and give all cars lookalike ...

Renault beats profit forecast, Mercedes braces for earnings drop

STORY: French car maker Renault reported a record operating profit on Thursday, beating expectations. That’s as lower costs ...

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 ...

Mercedes-Benz sees FY25 cars, vans sales ‘slightly below’ prior-year level

Sees FY25 return on sales for cars up 6%-8%, vans up 10%-12%, and mobility up 8%-9% compared to last year. Sees R&D expenditure in cars at ...

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