The German carmaker held its outlook steady and said it would buy back more than $2 billion in shares, as sales of its high-end models improved.
Tag: Mercedes-Benz
At IAA Mobility Car Show in Munich, the German Automakers Feel Optimistic
The spotlight at the Munich auto show this year is swinging back to BMW, Mercedes and Volkswagen after previously focusing on Chinese automakers.
Chinese Car Giants Rush Into Brazil With Dreams of Dominating a Continent
As the likes of Ford and Mercedes retreat, Great Wall Motor and BYD are building factories and bringing affordable EVs and hybrids to one of the world’s biggest markets.
A Mercedes-Benz Fire Jolts South Korea’s E.V. Transition
The government is aggressively promoting electric cars. But a dramatic blaze in an underground lot has left some potential buyers worried about safety.
E.V. Bonanza Flows to Red States That Denounce Biden Climate Policies
No Republican in Congress voted for the Inflation Reduction Act. But their districts and states will greatly benefit from the investments spurred by the law.
Russians Face Sanctions and Anxieties of a Costly War
The ruble plunged, the stock market was shuttered and foreign investors shed holdings in Russian companies, deepening the concern among citizens who had become accustomed to the perks of globalization.
Russia Ties May Hurt Thousands of European Companies
European companies that have operations in Russia are preparing for collateral damage as Western sanctions aim to penalize Russia’s economy.
Russia Ties May Hurt Thousands of European Companies
European companies that have operations in Russia are preparing for collateral damage as Western sanctions aim to penalize Russia’s economy.
Why Tesla Soared as Other Automakers Struggled to Make Cars
The yawning disparity between the performance of the electric car company and established automakers last year reflects the technological change roiling the industry.
A Computer Chip Shortage Has Hobbled the Auto Industry
Almost every carmaker has had to curtail production, hampering the economic recovery.