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Mercedes-Benz Expects Earnings Slump, Plans to Cut Costs

The luxury-car maker has outlined plans to boost competitiveness that include a 10% cut to production costs over the next couple of years.

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Mercedes-Benz cuts costs, renews focus on combustion engine models in bid to revive earnings

Mercedes-Benz on Thursday announced further cost-cutting and more petrol and diesel cars than EVs in its new product range, in a bid to revive margins as the company braces for a sharp drop in earnings in 2025.

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Mercedes-Benz flags cost cuts, tough year ahead after torrid 2024

Mercedes-Benz warned of looming cost cuts Thursday and gave a bleak outlook for 2025 after its profits plunged almost a third last year amid a slump in China and slowing

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Mercedes-Benz CEO signals potential for more US investment

CEO Ola Källenius spoke to reporters after the company's quarterly earnings report and signaled the automaker is open to ...

Mercedes-Benz Earnings to Take Back Seat to Strategy Update, New Targets -- Earnings Preview

REVENUE FORECAST: The German luxury-car company's group revenue is expected at 38.12 billion euros ($39.82 billion), according to a FactSet analyst poll, down from 40.26 billion euros in the fourth ...

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