Mercedes signals robust results regardless of gloomy outlook
Mercedes still has its sights set on delivering solid returns next year as supply shortages improve, even if the global economy continues to take a turn for the worse.
Mercedes still has its sights set on delivering solid returns next year as supply shortages improve, even if the global economy continues to take a turn for the worse.
The automakers said the provisions were needed because of engine recalls and more recent changes, such as longer lifecycles for used vehicles and lower scrap rates caused by a chip shortage, and an underestimate of engine improvements.
The Cadillac Celestiq EV, with a big price tag and an ultra-exclusive customer experience to match, represents the future direction of the brand.
Stellantis is mulling the potential exit as more established foreign auto brands have struggled to maintain their position in China’s market, raising questions about their long-term future in the country.
American Honda Motor Co. taps longtime associate Lance Woelfer to head up Honda brand sales division amidst a robust product rollout and efforts to ready itself for .