mercedesbenz
Volkswagen Group has reported a 20% year-on-year drop in first quarter operating profit for 2024, as falling sales and increasing costs continued to bite. In addition, a disappointing brand, country and model mix also added to dampened results. The group's sales volume for the same quarter was down 2% compared to the corresponding quarter in 2023, which sold 2.1 million units. Sales revenue also decreased 1% year-on-year to €75.5 billion, with operating profit falling 20% to €4.6 billion. In the first quarter of the year, the South American market saw a 19% growth, with the Asia-Pacific market...
Euronews (English)
Der Autobauer Mercedes-Benz hat wegen Problemen in den Lieferketten und Modellwechseln zum Jahresstart schwächer abgeschnitten. Vor allem der Absatzrückgang bei lukrativen Top-Modellen fiel beim Gewinn im ersten Quartal ins Gewicht. Erst in der zweiten Jahreshälfte dürfte sich der Verkaufsmix wieder in Richtung teurere Autos verschieben und Schub liefern, wie die Stuttgarter mitteilten. Das Management um Chef Ola Källenius sah keinen Grund, von den Jahresprognosen abzurücken. Finanzchef Harald Wilhelm sprach von einem «herausfordernden Quartal». Der Umsatz ging im ersten Jahresviertel um 4,4 P...
DPA (German)
German car manufacturer Mercedes-Benz has made a weaker start to the year than expected due to problems in the supply chain and model changes. Turnover in the first quarter fell by 4.4% to €35.9 billion ($37.4 billion), the Stuttgart-based company announced on Tuesday. Earnings before interest and taxes even fell by almost 30% to €3.86 billion euros. Passenger cars, the company's most important division, saw its operating profit margin before interest and taxes adjusted for special effects slip sharply by 5.8 percentage points to 9.0%. The management around CEO Ola Källenius had already warned...
DPA International
German car manufacturer Mercedes-Benz has made a weaker start to the year than expected due to problems in the supply chain and model changes. Turnover in the first quarter fell by 4.4% to €35.9 billion ($37.4 billion), the Stuttgart-based company announced on Tuesday. Earnings before interest and taxes even fell by almost 30% to €3.86 billion euros. Passenger cars, the company's most important division, saw its operating profit margin before interest and taxes adjusted for special effects slip sharply by 5.8 percentage points to 9.0%. The management around CEO Ola Källenius had already warned...
DPA
German car manufacturer Mercedes-Benz has made a weaker start to the year than expected due to problems in the supply chain and model changes. Turnover in the first quarter fell by 4.4% to €35.9 billion ($37.4 billion), the Stuttgart-based company announced on Tuesday. Earnings before interest and taxes even fell by almost 30% to €3.86 billion euros. Passenger cars, the company's most important division, saw its operating profit margin before interest and taxes adjusted for special effects slip sharply by 5.8 percentage points to 9.0%. The management around CEO Ola Källenius had already warned...
DPA Breaking News
German automaker Mercedes-Benz has recalled around 261,000 vehicles worldwide due to a software issue affecting two different SUV models. Mercedes-Benz's GLE and GLS models from 2018 to 2023 are affected, according to a recall published in the database of Germany's Federal Motor Transport Authority (KBA) on Wednesday. Almost 4,400 vehicles are affected in Germany. According to the recall, a software error in the transmission control unit could lead to engine failure, increasing the risk of accidents. A Mercedes-Benz spokesman told dpa that the issue had no impact on the vehicle's steering and ...
DPA
German automaker Mercedes-Benz has recalled around 261,000 vehicles worldwide due to a software issue affecting two different SUV models. Mercedes-Benz's GLE and GLS models from 2018 to 2023 are affected, according to a recall published in the database of Germany's Federal Motor Transport Authority (KBA) on Wednesday. Almost 4,400 vehicles are affected in Germany. According to the recall, a software error in the transmission control unit could lead to engine failure, increasing the risk of accidents. A Mercedes-Benz spokesman told dpa that the issue had no impact on the vehicle's steering and ...
DPA International
German automaker Mercedes-Benz has recalled around 261,000 vehicles worldwide due to a software issue affecting two different SUV models. Mercedes-Benz's GLE and GLS models from 2018 to 2023 are affected, according to a recall published in the database of Germany's Federal Motor Transport Authority (KBA) on Wednesday. Almost 4,400 vehicles are affected in Germany. According to the recall, a software error in the transmission control unit could lead to engine failure, increasing the risk of accidents. A Mercedes-Benz spokesman told dpa that the issue had no impact on the vehicle's steering and ...
DPA Breaking News
German vehicle maker Mercedes-Benz is recalling around 341,000 of its GLE and GLS models made during the years 2017 to 2023 on account of fire hazard, a statement from Germany's vehicle licensing authority (KBA) said on Thursday. According to the statement, a connection on the cable shoe of the 48-volt ground connection could be faulty, leading to the risk of fire. The bolted connection is to be checked and repaired where necessary, according to the statement. More than 11,000 vehicles in Germany are affected. Mercedes-Benz was not immediately available for comment.
DPA International
German vehicle maker Mercedes-Benz is recalling around 341,000 of its GLE and GLS models made during the years 2017 to 2023 on account of fire hazard, a statement from Germany's vehicle licensing authority (KBA) said on Thursday. According to the statement, a connection on the cable shoe of the 48-volt ground connection could be faulty, leading to the risk of fire. The bolted connection is to be checked and repaired where necessary, according to the statement. More than 11,000 vehicles in Germany are affected. Mercedes-Benz was not immediately available for comment.
DPA
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