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Mercedes Benz Group AG

Global selloff eases; earnings, U.S. inflation

by Adrian Jhonsan
Global selloff eases; earnings, U.S. inflation

LONDON — European markets were higher on Friday as a global stock selloff eased and investors awaited a U.S. inflation print. The pan-European Stoxx 600 was last 0.37% higher at …

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Categories World

Shares of Europe’s top carmakers fall amid dieselgate lawsuit reports

by Adesola Mojo
Shares of Europe’s top carmakers fall amid dieselgate lawsuit reports

A VW Golf GTI stands in a parking lot within sight of the brand tower on the grounds of the VW plant in Wolfsburg. Picture Alliance | Picture Alliance | …

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Categories Automobile

UAW challenges Mercedes-Benz union vote, asks NLRB for new election

by Adesola Mojo
UAW challenges Mercedes-Benz union vote, asks NLRB for new election

United Auto Workers (UAW) members and supporters on a picket line outside the ZF Chassis Systems plant in Tuscaloosa, Alabama, US, on Wednesday, Sept. 20, 2023. Andi Rice | Bloomberg …

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Categories Automobile

Autos firms say they expect limited impact from Baltimore port closure

by Adesola Mojo
Autos firms say they expect limited impact from Baltimore port closure

The remains of the Francis Scott Key Bridge on March 26, 2024 in Baltimore.  Michael A. McCoy | The Washington Post | Getty Images The Baltimore bridge collapse has prompted …

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Categories Automobile

U.S. retail sales in sharp focus

by Adrian Jhonsan
U.S. retail sales in sharp focus

Customers visit the Macy’s Herald Square store in New York City on Dec. 17, 2023. Kena Betancur | Corbis News | Getty Images This report is from today’s CNBC Daily …

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Categories World

Mercedes-Benz shares climb 5% on share buyback, despite ‘exceptional’ uncertainty ahead

by Adrian Jhonsan
Mercedes-Benz shares climb 5% on share buyback, despite ‘exceptional’ uncertainty ahead

Mercedes-AMG GT 43 4MATIC+ on display at Brussels Expo on January 9, 2020 in Brussels, Belgium.  Sjoerd Van Der Wal | Getty Images News | Getty Images Mercedes-Benz shares gained …

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Categories World

Tesla Gigafactory Hourly Workers Get Raises, Still Underpaid

by Adesola Mojo
Tesla Gigafactory Hourly Workers Get Raises, Still Underpaid

Good morning! It’s Tuesday, December 19, 2023, and this is The Morning Shift, your daily roundup of the top automotive headlines from around the world, in one place. Here are …

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Categories Automobile

These Are The Biggest Automakers In The World By Revenue

by Adesola Mojo
These Are The Biggest Automakers In The World By Revenue

Even a few years ago I wouldn’t have suspected to see Tesla on a list like this, just seventy or so billion behind GM and Ford. If FCA hadn’t merged …

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Categories Automobile

Automakers tout software, driverless tech to take on Tesla and China

by Adesola Mojo
Automakers tout software, driverless tech to take on Tesla and China

Amazon was among a number of technology companies at the IAA motor show in Munich. The presence of Amazon, Qualcomm, Samsung and other tech giants underscores how traditional automakers are …

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Categories Automobile

Cars on display at IAA motor show

by Adrian Jhonsan
Cars on display at IAA motor show

German Chancellor Olaf Scholz (SPD,l.), and Ola Källenius, Chairman of the Board of Management of Mercedes-Benz AG, visit the Mercedes stand during the opening of the IAA. Sven Hoppe | …

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Categories World
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