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Mercedes car earnings plunge
Mercedes-Benz electric car sales plunge by a third as Chinese competition and stuttering demand hit home
The German carmaker said it had seen a 31% drop in sales of battery-powered cars from a year earlier as it reported its Q3 earnings on Friday.
Mercedes-Benz electric cars: Your questions answered
Here’s what you need to know about the Mercedes-Benz range of electric cars, including prices, equipment and charging speeds. The post Mercedes-Benz electric cars: Your questions answered appeared first on Motoring Electric.
Mercedes car earnings plunge 64% in Q3 on weak luxury demand in China
German premium automaker Mercedes-Benz on Friday said third-quarter earnings in the core car division plunged by 64% as Chinese consumers continued to cut back on luxury goods off the back of a weakening economy.
Weakness in China causes Mercedes-Benz's profits to plummet
German carmaker Mercedes-Benz has suffered a sharp drop in profits in the third quarter due to the weakness of the important Chinese market. Mercedes-Benz reported on Friday that it also expects its earnings before interest and taxes (EBIT) and revenue to decline for the full year.
Mercedes Profits Hit by Competition, China Slump
Mercedes-Benz's key gauge of profitability slid to 4.7% in the third quarter, undershooting the company's minimum target of 8%. The company plans to step up cost improvement measures after fierce competition and weaker demand in China hit the luxury-car maker's profits.
TORK US on MSN
19h
Looking for an Electric Car? For the Second Year in a Row, This One's the Best
The Fiat 500e has been crowned Green Car of the Year 2025 for the second year running, solidifying its status as a leader in ...
2d
Electric vehicles prove a bumpy ride for battery metals
This trend has been led by China, the world's largest EV market. The key driver is the emergence of the extended range ...
Cars
3d
Every New Electric Car Starting Price and Range Available Right Now
We put together this chart to show the wide variety of EVs on sale today, which range from commuter hatchbacks like the ...
Observer
13h
V2G Turns Electric Vehicles Into Distributed Energy Resources
The energy transition embodies several important trends. Chief among them are the transition of the electric grid from fossil ...
2d
on MSN
Republican opposition could slow the push toward electric vehicles
As nonsensical as it is, the rant hits on a common talking point among Republicans: ridiculing the rise of electric vehicles.
The New Republic on MSN
19h
Europe’s Electric Vehicle Woes Are a Lesson for E.V.s Everywhere
Stellantis is struggling, and blaming governments for not supporting electric vehicles. Workers say the problem is the CEOs, ...
Institute for Energy Research
1d
Used Electric Vehicles Sell for Bargain Prices
A recent article from the Wall Street Journal highlights a significant decline in the resale values of electric vehicles.
2d
Shift to electric vehicles will have far-reaching impact, IMF says
The global transition toward electric vehicles will have "far-reaching" impacts on investment, production, international ...
14h
on MSN
How much do EVs cost to charge at home? All your electric car charging questions answered
This depends on how the EV is charged, and what its maximum charge rate is. Plug a fast-charging EV like the latest Porsche ...
7d
Electric Vehicles May Be Struggling. G.M.’s Leader Is Still a Believer.
Mary Barra, G.M.’s chief executive, said that the company had fixed battery-manufacturing problems and that its electric ...
Hosted on MSN
2h
England Turns Its Back on Electric Cars – Prefers Diesel Instead
While electric vehicles gained momentum in the US market during September, the situation looked quite different in England, ...
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