William Wilkes

Mercedes-Benz Group AG said it would step up cost improvement measures after its carmaking margin dropped amid fierce competition in China, its most important market.

Angesichts des harten Wettbewerbs in China und daraus resultierenden Margendrucks hat Mercedes-Benz angekündigt, die Sparbemühungen zu verstärken.

After making waves with cheap EVs, Chinese carmakers are targeting the luxury segment in Europe.

Por mucho tiempo Mercedes-Benz Group AG fue el referente en el refinamiento automovilístico. Sin embargo, el desplome en sus ventas y ganancias pone de manifiesto que, incluso en el lucrativo segmento de autos de gama alta, se siente la presión proveniente de China.

Deutsche Lufthansa AG confirmed its guidance for the full year as robust demand for travel helped the airline company notch up record revenue in the third quarter.

Years of aircraft delays from Boeing Co. and Airbus SE are cascading through the global aviation industry, forcing airlines to curb expansion plans and keep their old and inefficient jets on expensive life support.

Revenue for the three months through September hit an unprecedented €10.7 billion ($11.6 billion).

Infighting within Germany’s three-party coalition escalated on Sunday as top officials dismissed Finance Minister Christian Lindner’s latest economic proposals.

BMW, Porsche Lead Auto Stock Rout on Trump Tariff Fears William Wilkes 3 min read In This Article

Chancellor Olaf Scholz’s fractious coalition struggled to stem a massive capital drain, which threatens to accelerate after Donald Trump’s re-election.