MBG Mercedes-Benz Group AG

Mercedes-Benz's Wayve deal advances AI driving, but China weakness, inflation and geopolitical risks cloud its outlook.

Mercedes-Benz Group (XTRA:MBG) has been under pressure recently, with the share price down 14% over the past month and 9.5% in the past 3 months, sharpening investor focus on fundamentals. The latest slide extends a weaker trend for Mercedes-Benz Group, with the share price down 34.5% year to date and the 1-year total shareholder return also declining 19.9%. This suggests momentum has been fading as investors reassess both earnings resilience and risk. Look beyond Mercedes-Benz Group and see...

Ionna also claims that it’s now the largest 400-kW EV charging network operator in U.S.

Investing.com -- Munich-based carmaker BMW is targeting an automotive margin of 3% to 5% by 2028 in a recovery plan that follows a June profit warning linked to weakness in China.

The German car giant Volkswagen is preparing to disclose a massive hit from the City watchdog's £9bn motor finance redress scheme, months after it joined a group of rivals in mounting a legal challenge to its implementation. Sky News has learnt that VW Financial Services has filed accounts at Companies House which are expected to show that it has set aside hundreds of millions of pounds to compensate motorists who were mis-sold products over a period lasting years. The accounts, which are expected to become public later this week, will provide the first indication of the size of the financial hit that VW - owner of Audi, Seat and Skoda - faces from the scandal.

Welcome back to TechCrunch Mobility, your hub for the future of transportation and now, more than ever, the role AI is playing in it.

Qualcomm CMO Don McGuire joins In The Loop host Ejaaz Ahamadeen at Qualcomm’s Snapdragon Summit in Maui, for an in-depth look at how a chip you can't even buy off a shelf became one of the biggest brands in tech, sports, and AI. He breaks down the brand strategy turning an invisible chip into a household name, why Microsoft's consumer Surface lineup is now 100% powered by Snapdragon, and the company’s groundbreaking partnerships with Manchester United and Mercedes F1.

The facility has an annual production capacity of 100 GWh, targeting leading European OEMs.

The development follows the European Commission’s 2018 decision to fine certain shipping companies for fixing prices for the transport of vehicles.

The protest comes as the industry grapples with intensifying competition from Chinese rivals, both in China and increasingly in Europe, rising manufacturing costs and U.S. tariffs.