At least not as bad as Porsche: Mercedes-Benz is reporting a slump in profits and fewer vehicle sales. (Mercedes Benz, Electric car) Go to Source
Tag: Daimler
Mercedes CEO calls for ‘reality check’, slamming EU combustion engine ban – Reuters
Mercedes CEO calls for ‘reality check’, slamming EU combustion engine ban Reuters Go to Source
German Handelsblatt: Comment: Mercedes and Bosch should be wake-up calls – why no one hears them011733
In industry, profits, jobs and prospects are disappearing. Nevertheless, the topic hardly reaches a broader public. This is due to politics – but also to the companies themselves. Go to Source
German Handelsblatt: Comment: Mercedes and Bosch should be wake-up calls – why no one hears them011731
In industry, profits, jobs and prospects are disappearing. Nevertheless, the topic hardly reaches a broader public. This is due to politics – but also to the companies themselves. Go to Source
Lumax Auto Technologies Opens Technology Center in Bengaluru
Lumax Auto Technologies Limited (LATL), a Tier-1 supplier to Indian automotive manufacturers, opened its new Technology Center in Bengaluru on October 30, 2025. The facility, named the Smart Hub for Innovation and Future Trends (SHIFT), will focus on developing electronics engineering and digital capabilities for software-defined vehicles. The center will conduct research and product development… Continue reading Lumax Auto Technologies Opens Technology Center in Bengaluru
Lumax Auto Technologies Opens Technology Center in Bengaluru
Lumax Auto Technologies Limited (LATL), a Tier-1 supplier to Indian automotive manufacturers, opened its new Technology Center in Bengaluru on October 30, 2025. The facility, named the Smart Hub for Innovation and Future Trends (SHIFT), will focus on developing electronics engineering and digital capabilities for software-defined vehicles. The center will conduct research and product development… Continue reading Lumax Auto Technologies Opens Technology Center in Bengaluru
German FAZ: Profit slump at Mercedes010152
Mercedes-Benz’s profits fell by half in the first nine months. The Stuttgart-based car manufacturer announced that consolidated earnings fell by 50.3 percent from 7.80 billion euros to 3.87 billion euros compared to the same period last year. The Swabians cited customs duties, lower sales figures and expenses for efficiency measures as reasons for this. CEO… Continue reading German FAZ: Profit slump at Mercedes010152
German Manager Magazine: Material shortage: Chip shortage is increasingly putting a strain on German industry004519
There are signs of an increasing chip shortage in German industry. In October, 10.4 percent of manufacturers of electronic and optical products complained about material shortages, according to the Munich Ifo Institute based on its regular surveys. In April it was only 3.8 percent. “The control mechanisms and trade restrictions for rare earths are having… Continue reading German Manager Magazine: Material shortage: Chip shortage is increasingly putting a strain on German industry004519
EU carmakers ‘days away’ from factories halting work in chip war with China
Workers at the Volkswagen car factory in Germany. Companies such as Mercedes are now searching globally for alternatives sources for the Nexperia chip. Photograph: Jens Schlueter/Getty Images View image in fullscreen Workers at the Volkswagen car factory in Germany. Companies such as Mercedes are now searching globally for alternatives sources for the Nexperia chip. Photograph:… Continue reading EU carmakers ‘days away’ from factories halting work in chip war with China
Lexus hints at plan to rival Cayenne and iX with LS SUV
Lexus has revealed the new LS Coupé concept as one of a number of models – including the single-seat Micro LS and huge, six-wheeled LS MPV – that could form part of an expanded family of LS vehicles inspired by the seminal luxury saloon of the same name. The Toyota-owned brand is responding to the… Continue reading Lexus hints at plan to rival Cayenne and iX with LS SUV