Bernstein analyst Stephen Reitman downgraded Mercedes-Benz Group (MBGAF – Research Report) to a Hold today and set a price target of €60.00.

A key factor in the decline was the drop in battery electric vehicle (BEV) sales, which fell by 22% to 204,600 units.

The German automaker’s limousine customers care as much about comfort and status as saving the planet. Now they should worry ...

Automaker will exit 72K sf Sunnyvale lease and vacate two other properties for new headquarters at unknown location.

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Mercedes saw global car sales drop last year amid dwindling demand in key markets. Figures published by the German marque ...

Mercedes-Benz sold 204,600 battery-electric vehicles last year. Sales of electric models fell in both the car division and ...

Goldman Sachs analyst George Galliers downgraded Mercedes-Benz Group (MBGAF – Research Report) to a Hold today and set a price target of ...

Credit: Mercedes-Benz Group. Mercedes-Benz Group concluded 2024 with a total of 2,389,000 units sold, reflecting a 4% decline compared to the previous year. A key factor in the decline was the ...