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...Workers at a Mercedes-Benz factory in Alabama have called for a vote to join the United Auto Workers union, part of a wider campaign to unionise foreign-owned auto plants that has also targeted Toyota and...
...More than one in three Mercedes-Benz cars are sold in China, while the country accounted for 40 per cent of Volkswagen’s car sales last year....
...Seven banks — out of 45 then operating in the country — have been granted presidential approval, including Mercedes-Benz Bank, Ikano, J&T and Intesa....
...Mercedes-Benz’s profits have been hit by a “brutal” price war in electric vehicles as demand lags behind in the face of a weaker economy....
...Mercedes-Benz has said it will hit the lower end of its full-year profit margin guidance, as the German carmaker grapples with a “subdued” economy and growing competition in electric vehicles....
...GBA’s nearly 200 members include large companies from a range of sectors, including Nestlé USA, AstraZeneca, Diageo, Mercedes-Benz, Panasonic, Sony Corporation of America and chipmaker TSMC....
...It marks the end of an era for the sport, with Hamilton ditching the Mercedes team that brought him six of his seven world driver’s championships....
...UAW’s landslide victory in Chattanooga raises its hopes that it can repeat its success at Mercedes-Benz in Alabama, where federal labour officials have scheduled a union election next month....
...This week’s themes are German carmakers (Volkswagen, Mercedes-Benz and Porsche), online disrupters (Deliveroo, Moonpig and HelloFresh), British retail darling of the middle classes John Lewis and plastic...
...Steve Jobs drove a Mercedes-Benz but there was an equally accidental quality to how Apple came up with its original pricing policy of charging developers a 30 per cent fee to sell apps in its store....
...The company burst on to the global stage with a 2010 deal to purchase Volvo Cars from Ford, kicking off a decade of expansion buying unloved international car brands including Lotus and taking stakes in Mercedes-Benz...
...The company is also looking at “cost-cutting measures,” said chief financial officer David Mansfield....
...“It is not a trophy investment any more,” Mercedes chiefToto Wolff tells Scoreboard....
...The boss of Mercedes-Benz told the Financial Times last week that tariffs should be cut....
...Cutting ties with China would be “unthinkable for almost all of German industry”, the chief executive of automaker Mercedes-Benz has said, as Europe’s largest economy grapples with its deep reliance on Beijing...
...While most German suppliers have significant businesses in China, they mainly supply the businesses of VW, Mercedes-Benz and BMW....
...The reputational risk generated by the tax scandal has also weighed on the fundraising, with some investors telling the Financial Times they chose not to participate....
...He recently teamed with Mercedes-Benz to build a branded tower in Miami. But Stern has been prone to delays that sap investors’ returns and necessitate additional financing....
...Two people who attended the meeting said the fund, Pershing Square USA, could raise as much as $20bn. A spokesperson for Pershing Square declined to comment....
...Mercedes-Benz said Baltimore was among several ports used by the company in the US....
...The chief executive of Mercedes-Benz has urged EU officials not to increase tariffs on Chinese electric car imports. Tariffs should instead be cut to strengthen competition, Ola Källenius said....
...“Vingroup and our chair will always support VinFast,” Le Thi Thu Thuy, the carmaker’s chief executive, told the Financial Times prior to its listing....
...Anti-protectionist: Mercedes-Benz has urged Brussels to lower tariffs on Chinese e-cars, just as the European Commission is considering the opposite....
...Mercedes-Benz previously announced an “ambition” to stop selling combustion engines where market conditions allow by the end of this decade....
...A vote is scheduled this month at Volkswagen’s factory in Chattanooga, Tennessee and the UAW has begun publicly campaigning at two plants in Alabama owned by Mercedes-Benz and Hyundai....
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