Tag: Mercedes-Benz Group AG
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Senate panel advances China auto bill that could bar Mercedes-Benz from U.S.
Mercedes-Benz’s largest individual shareholder is Chinese state-owned BAIC. Cruz warned the bill could hurt Mercedes and accused GM of backing it.
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BMW stock slumps to 5-year low as Iran war and China slowdown spark profit warning
BMW blamed a slowdown in its Chinese market, as well as disruption from the Iran war, as two reasons for the slashed guidance.
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Ineos and Damler Truck enlist in auto defense push as Europe bolsters military spending
The partnership is one of a spate of auto-defense collaborations announced in recent weeks.
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Mercedes-Benz joins Europe’s defense push with anti-drone vehicle deal
Mercedes becomes the latest European carmaker to turn to the defense industry in the hope that partnerships can revive the auto industry’s ailing fortunes.
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