Daimler raised its profit outlook for 2020 on Friday after a record 24% jump in Chinese demand for its Mercedes-Benz cars boosted margins in the third quarter, though it warned that a spike in ...
2don MSN
Luxury automaker takes major hit
Automakers are revealing their preliminary quarterly results this week, and the early returns aren't great for Mercedes-Benz ...
The Autopian on MSN
A Luxury Car Isn't A Luxury Car Anymore
When I look at what the future of automotive taste is, I think China is always the best example. Chinese consumers are ...
Volkswagen AG returned to profit in the third quarter as surging Chinese demand for luxury cars helped offset a 1.1% drop in vehicle deliveries due to the pandemic, sending its shares as much as 3% ...
Porsche (POAHY) is facing mounting pressure in China as its third-quarter sales tumbled 21%, underscoring a deepening slowdown in the world's largest auto market. The sports car maker's global ...
1don MSN
Fastest depreciating cars revealed: One Chinese EV sheds THREE QUARTERS of its value in three years
Daily Mail and This is Money can tell you which specific models - most of them still in showrooms today - are holding their ...
The German luxury-car maker and its Western peers have long enjoyed strong growth in the Asian nation, with renowned ...
Mercedes-Benz global sales dropped 12% in Q3 2025, dragged by steep declines in China and the U.S., even as EVs and luxury ...
Luxury sports carmaker Porsche has seen its sales slide in China and come under pressure in the United States, a reflection ...
Maserati’s Head of Overseas Market, Philippe Claverol, talks about the brand expanding its footprint in India, its EV plans ...
Newspoint on MSN
ED raids homes of Prithviraj, Dulquer Salmaan and others in Kerala luxury car smuggling probe
The action is being taken under the Foreign Exchange Management Act (FEMA) in a recent case unearthed by the Customs ...
Porsche share price has been in a strong bearish downtrend this year and is hovering near its all-time low as demand worsens.
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