Mercedes suffered a setback in the third quarter of 2024, with net profit and revenue down 53,8% and 6,7% respectively, crushed by tough competition from China and a struggling market
In the third quarter of 2024, Mercedes-Benz recorded a decline in total sales, but the electric segment is the main cause for concern. Vans are also down. The economic crisis in China is weighing heavily
Auto, a black day for the giants of the sector: the idea of joining forces to create a super hub in Europe and face Chinese competition returns. Key meetings in mid-October. Here's what's moving
Iveco, Telecom and luxury (from Moncler to Cucinelli) drag down Piazza Affari but the Italian Stock Exchange loses less than Frankfurt and Paris. Wall Street so-so after the Fed euphoria
Mercedes-Benz downgrades 2024 forecasts due to falling demand in China. Shares collapse in Frankfurt, also negatively impacting Stellantis. But the entire sector is worrying: in August, a sharp decline in registrations, deep…
Increasing European tariffs on Chinese electric vehicles are pushing Smart to reconsider production in Europe. The company explores new locations to reduce costs and keep prices affordable. The CEO of Smart Europe, Dirk Adelmann, says: "Building locally is…
The iconic “Smartina” is retiring. In her place, in a couple of years another will arrive equipped with new technologies. Production of the "Smartones" continues, however: the Smart #1 and Smart #3 SUVs
In Brazil in 2023, airline tickets have increased by 50%, which is pushing more and more people to travel by road, in the absence of the train alternative. The German group senses the deal and is in step with green parameters
The company dedicated to sharing mobility from Stellantis has announced the acquisition of the brand controlled by the two German brands – The stock shines in Milan with +2,59%
The German giant enters the joint venture with TotalEnergies and Stellantis for the Termoli gigafactory. There will also be a third factory. In the day the signing of the protocol with the Mise
The companies have launched the new version of "feel Star", the insurance offer created by the collaboration between the two
German auto giant joined battery company Acc. Equal shareholdings. An increase in production capacity to at least 120 GWh is expected with an investment of 7 billion
The event, which replaces the Frankfurt appointment and restarts the ritual of the Salons, opens today with the inauguration of Merkel - News coming from BMW, Mercedes, Volkswagen and Renault
Daimler closed the financial year with an EBIT halved compared to 2018, weighing 1,1-1,5 billion due to Dieselgate. Ferrari is positioned at the top of the 12 brands that have received the maximum AAA+ rating.
Smart, the Mercedes-Benz car brand, thanks to the renewed agreement with Enel X, continues to offer the installation of the home recharging kit together with the purchase of the car
In the last 12 months there have been four alarms on profits - Second quarter 2019 disastrous for the group's accounts - The consequences of Dieselgate weigh heavily
Trump would like to impose a total block on imports of German luxury cars in the US and prevent Mercedes from circulating on Fifth Avenue in New York - From midnight today, tariffs on steel and aluminum will go...
Bad for the Ferraris: after an interruption due to rain, Raikkonen closed qualifying in seventh place and Vettel in eighth, but they will gain two positions on the grid due to the penalties inflicted on the Red Bulls of Ricciardo and Verstappen.
This was decided by the Daimler Group "in order to effectively improve the emission level of more models"
The Finn from Mercedes wins the Spielberg Grand Prix in Austria. Vettel's redhead did well, fourth Hamilton who started from the eighth box. Bad Raikkonen
Mercedes-Benz's accounts drove the group's operating margin in the first quarter
Wins the grand prix Nico Rosberg mocking his teammate Lewis Hamilton. Ferrari has to settle for third place, followed by Kimi Raikkonen.
The new Enel Special Editions of the Mercedes-Benz B-Class Electric Drive and the Nissan Leaf were presented today - Marketing agreement with the two car manufacturers - The two cars are "intended for everyone" but we start with dedicated offers…
In his first race with Red Bull, the baby phenomenon Max Verstappen becomes the youngest ever to win a Formula 1 Grand Prix - The Mercedes eliminate themselves, but the Ferraris don't know how to take advantage of it:…
Mercedes like Volkswagen? Daimler, the parent company of Mercedes-Benz, has been sued by a very powerful American law firm. The accusation: having falsified the gas emission values for diesel engines in 14 models. The specter of another…
Valentino Rossi's masterpiece at the Argentine GP - The Pesaro comeback from eighth position and after a hand-to-hand duel with Marquez he earns his second success of the season - In F1 Kimi Raikkonen finished second, behind Lewis Hamilton after…
Mercedes out of competition, Ferrari finally there, Red Bull disaster and McLaren nightmare - The debut of Formula One has issued the first sentences: Hamilton and Rosberg are destined to dominate again this year but Vettel is already on the podium and…
FORMULA ONE, AUSTRALIAN GP - Mercedes wins one-two, taking first place with Hamilton and second with Rosberg - But Ferrari is third with Sebastian Vettel: good debut
FORMULA ONE - In qualifying for the Australian Grand Prix, the Mercedes dominate as always but the Reds strike a blow: Vettel is fourth and aims for the podium - Hamilton in pole ahead of Rosberg - Massa is third and…
Driving sales on the Chinese market are the new C-Class and S-Class models, while the Smart is losing appeal.
The German group, maker of Mercedes Benz, is in advanced talks to acquire 25% of the motorcycle industry. The operation, writes the Suddeutsche Zeitung, would take place through the subsidiary Amg for around 30 million euros with an option to increase the…
The big car manufacturers bet everything on cars that drive themselves - The Mercedes S500 Intelligent Drive has already traveled over 100 km with an innovative navigation system, cameras that recognize stop lights and radar sensors - The…
The German group wants to invest 2 billion euros in two years to increase sales outlets in the People's Republic, where it expects a +15 percent increase for the luxury car market - The goal is to place 300 vehicles a year…
The agreement will allow Aston Martin to use technology from Mercedes-AMG GmbH and Mercedes-Benz Cars for the development of bespoke V8 engines and the use of electrical and electronic architecture components for future Aston Martin models
Europe condemns the German company to modify the refrigerant gas used in air conditioners, adapting to the new legislation in force - Mercedes is the only European manufacturer still not in compliance. Class A, B and Cla models are at risk.
The German company, penalized by an unconvincing strategy in China and by the delay in the market for new models, has slipped to third place in the luxury car sector.
Hamilton will take his place at Mercedes with a three-year contract for a total of 80 million euros, while Sergio Perez replaces him at McLaren - Schumacher as a Highlander: an age lost over the centuries, pride and strength almost…
The drivers Nico Rosberg and Michael Schumacher unveiled the W03, the new Mercedes single-seater, at the Montmelò circuit, where today the car will carry out its first tests - Team sporting director Ross Brawn…
