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ATLANTA--(BUSINESS WIRE)--Mercedes-Benz USA (MBUSA) today reported Q3 2024 group* sales of 85,037 Passenger Cars. Additionally, Mercedes-Benz Vans reported Q3 2024 sales of 12,769 units, bringing MBUSA to a total of 97,806 vehicles for the quarter. “In the third quarter we regained momentum with year-over-year growth for all three months in the quarter, culminating in 9% growth overall year-to-date. Our strong Q3 sales results were fueled by robust demand for our outstanding product portfolio—p.
South Korea's LG Energy Solution said on Tuesday it signed a deal to supply electric vehicle batteries to a Mercedes-Benz affiliate in North America and other regions.
European automakers are most likely affected by the dockworkers strike at U.S. East Coast and Gulf Coast ports because they rely heavily on those locations, but a longer walkout could hit the industry more broadly if suppliers suffer, analysts said.
The head of China's powerful state planner met Ola Kallenius, chairman of the management board of Mercedes-Benz in Beijing, the agency said on Friday.
Mercedes-Benz said its cars equipped with its automated driving system will be upgraded to drive autonomously at up to 95 kilometres per hour on German motorways in certain conditions.
Mercedes shares fell more than 8% Friday after the German carmaker cut its 2024 guidance on the back of weaker demand from China.
South Korea's antitrust regulator has launched a probe into the local unit of Mercedes-Benz, an official at the Korea Fair Trade Commission (KFTC) said on Tuesday, without elaborating.
Mercedes-Benz has plans to jointly invest over 14 billion yuan ($1.97 billion) in China with local partners to enrich local vehicle lineups, state-backed digital newspaper The Paper reported on Wednesday.
The head of Mercedes-Benz in South Korea will meet on Wednesday residents of an apartment complex damaged by a fire that started in one of its electric vehicles (EVs) and burned for more than eight hours, stoking public safety fears.
Mercedes-Benz Group AG's performance in 2024 so far shows BEV sales slipping, hybrid sales improving and van sales providing the best earnings contribution. The company's continuing investment in developing BEV architecture and solutions might attract some concern from investors, given falling EV sales globally. The company's eSprinter, which is scheduled to begin deliveries in H2 2024, might carry the day in terms of revenue performance.