The stubborn lull in the Chinese market for luxury cars is leaving the Stuttgart-based car manufacturer Mercedes Benz look more pessimistically into the future. On Thursday, the company lowered its forecast for the full year for the second time in two months and now expects a significantly lower profit than a year ago. Mercedes shares… Continue reading German Manager Magazine: Mercedes-Benz: share price slides, Ola Källenius cuts forecast003580
Tag: Daimler
German Handelsblatt: Car manufacturer: Mercedes shocks the stock market – shares lose eight percent009691
After the drastic profit warning, investors criticize the high level of dependence on China. Business is bad there. Statements from CEO Ola Källenius provide little encouragement. Go to Source
German Handelsblatt: Car manufacturer: Mercedes shocks the stock market – shares lose eight percent009691
After the drastic profit warning, investors criticize the high level of dependence on China. Business is bad there. Statements from CEO Ola Källenius provide little encouragement. Go to Source
Mercedes-Benz shares fall after profit warning
$75 per month Complete digital access to quality FT journalism with expert analysis from industry leaders. Pay a year upfront and save 20%. What’s included Global news & analysis Expert opinion FT App on Android & iOS FT Edit app FirstFT: the day’s biggest stories 20+ curated newsletters Follow topics & set alerts with myFT… Continue reading Mercedes-Benz shares fall after profit warning
German Handelsblatt: MMA: This is how Mercedes wants to build the “one-liter car of the electric age”009689
The CLA, the first Mercedes based on the MMA platform, is scheduled to be built this year. Five more models are to follow. Not all of them are completely electric. Go to Source
European auto industry calls for urgent action as EV demand falls sharply
The European Automobile Manufacturers’ Association (ACEA), which represents the 15 major Europe-based car, van, truck and bus makers – BMW Group, DAF Trucks, Daimler Truck, Ferrari, Ford of Europe, Honda Motor Europe, Hyundai Motor Europe, Iveco Group, JLR, Mercedes-Benz, Nissan, Renault Group, Toyota Motor Europe, Volkswagen Group, and Volvo Group – has urged speedy action… Continue reading European auto industry calls for urgent action as EV demand falls sharply
European auto industry calls for urgent action as EV demand falls sharply
The European Automobile Manufacturers’ Association (ACEA), which represents the 15 major Europe-based car, van, truck and bus makers – BMW Group, DAF Trucks, Daimler Truck, Ferrari, Ford of Europe, Honda Motor Europe, Hyundai Motor Europe, Iveco Group, JLR, Mercedes-Benz, Nissan, Renault Group, Toyota Motor Europe, Volkswagen Group, and Volvo Group – has urged speedy action… Continue reading European auto industry calls for urgent action as EV demand falls sharply
German Handelsblatt: Car manufacturer: Mercedes surprisingly cuts profit targets – China and nebulous valuation effects weigh on009687
After VW and BMW, Mercedes is now also in crisis. In its passenger car division, the group expects a return of at best 8.5 percent. A bunch of problems are to blame. Go to Source
German Handelsblatt: Car manufacturer: Mercedes surprisingly cuts profit targets – China and nebulous valuation effects weigh on009686
After VW and BMW, Mercedes is now also in crisis. In its passenger car division, the group expects a return of at best 8.5 instead of eleven percent in 2024. A bunch of problems are to blame. Go to Source
OLED Market to Grow by USD 65.78 Billion from 2024-2028, Increasing Patents and AI Driven Market Transformation Fuel Growth- Technavio
NEW YORK, Sept. 19, 2024 /PRNewswire/ — Report with the AI impact on market trends- The global organic light-emitting diode market size is estimated to grow by USD 65.78 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of 18.52% during the forecast period. Increasing number of patent-related activities… Continue reading OLED Market to Grow by USD 65.78 Billion from 2024-2028, Increasing Patents and AI Driven Market Transformation Fuel Growth- Technavio