VW Sales Drop on China, Slumping EV Demand in US, Europe
Volkswagen AG’s global sales dropped 7% in the third quarter, led by declines in Asia and Europe, as Germany’s biggest ...
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Mercedes Profitability to Get Hit by EV Slump, China Plunge
“We are worried on the pricing environment in the US,” as well as “the macro situation in China,” RBC analyst Tom Narayan said in a note. Global sales of Mercedes’ passenger cars ...
Forbes18d
Mercedes Also Hit By Weak Sales, China Competition, Faltering EVs
Mercedes is the latest German auto giant to cut its profit forecast, flailing against a weakening European market, more competition in China, and struggling sales of electric vehicles. German ...
Why Stellantis Stock Is Crashing Today
Although the sheer scope of it is jarring, to forward-thinking investors, today's plunge from Stellantis stock to a new ...
DPA International on MSN5d
German carmakers: EU electric car tariffs on China will raise prices
German carmakers on Saturday warned that consumers could face higher prices after the European Union paved the way for ...
Aston Martin shares plunge 20% as luxury carmaker issues profit warning
The James Bond carmaker has warned over annual earnings as it revealed it would make around 1,000 fewer cars than first ...
Automotive News19h
Lexus overtakes recall-afflicted BMW in Q3 sales race
BMW ended the third quarter down 6.9 percent, reporting 78,128 deliveries. A faulty integrated brake module affected about ...
BMW Q3 sales fall 13%, weighed by China, delivery stops
BMW sales fell in the third quarter, weighed down by weak performance in China and delivery stops due to problems with the ...