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Mercedes-Benz Group reports 4% decline in annual sales for 2024
A key factor in the decline was the drop in battery electric vehicle (BEV) sales, which fell by 22% to 204,600 units.
Kepler Capital Sticks to Its Hold Rating for Mercedes-Benz Group (MBGAF)
Kepler Capital analyst Michael Raab maintained a Hold rating on Mercedes-Benz Group (MBGAF – Research Report) on January 15 and set a price ...
Mercedes-Benz Group (MBGAF) was downgraded to a Hold Rating at Bernstein
Bernstein analyst Stephen Reitman downgraded Mercedes-Benz Group (MBGAF – Research Report) to a Hold today and set a price target of €60.00.
Mercedes-Benz will exit Sunnvale lease to consolidate R&D operations
Automaker will exit 72K sf Sunnyvale lease and vacate two other properties for new headquarters at unknown location.
Why Mercedes’ $100,000 Electric Jellybean Flopped
The German automaker’s limousine customers care as much about comfort and status as saving the planet. Now they should worry ...
electrive6d
Mercedes electric sales down 22 per cent
Mercedes-Benz sold 204,600 battery-electric vehicles last year. Sales of electric models fell in both the car division and ...
Car Dealer Magazine4d
Mercedes reports drop in global sales for 2024 but bosses insist year was a success
Mercedes saw global car sales drop last year amid dwindling demand in key markets. Figures published by the German marque ...
Consultant alleges Michael Stern’s partner Gianluca Vacchi owes $1.7M in fees tied to condo developments
Italian entrepreneur Gianluca Vacchi’s firm allegedly stiffed a project consultant out of $1.7 million in fees, according to ...
Just Auto4d
Mercedes-Benz Group reports 4% decline in annual sales for 2024
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 ...