Top-end German carmakers have joined expensive French handbags among the products hit by weak consumer sentiment in the ...

Chinese EVs are already subject to a 10 per cent tariff, but EU member states will vote soon on whether to approve the additional tariffs, which range up to 35.3 per cent, for five years. The US has ...

Nio, one of Tesla’s Chinese rivals in the EV market, is slashing the price of its new Onvo-branded SUV, the L60.

Volkswagen said earlier this month it needed significant restructuring to stay competitive, and was considering shutting ...

The German carmaker’s shares started Friday with an almost 7% drop as the company significantly cut its expected results for ...

More than 60% of the customers choosing the Onvo L60 consider battery-swapping technology as the most desirable attribute, ...

"Mercedes cuts profit margin target again" was originally created and published by Just Auto, a GlobalData owned brand.

Mercedes-Benz Cars now expects an adjusted return on sales to be between 7.5% and 8.5% in 2024, down from 10% to 11% ...

That was quick: barely 24 hours after rumours emerged that Nio could take over the Audi factory in Brussels, the Chinese ...

European auto stocks are so unpopular right now that investors keep reducing their exposure even as the scale of the industry ...

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.

Mercedes-Benz Group AG cut its financial forecast due to a rapid deterioration of its business in China, marking the latest ...