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Mercedes Resists Faltering China With Powerful Profits

Mercedes Resists Faltering China With Powerful Profits. “We expect sales momentum to continue” – Zetsche Mercedes Benefitting As Audi, BMW Ranges Look Old. While BMW and Volkswagen investors wobble from real or imagined fears about China, Mercedes-Benz sailed serenely on reporting sharply higher sales there, while reporting much improved profits. Investors wondered whether Mercedes-Benz could […]

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Smart Stops Haemorrhaging Red Ink At Last

Smart Stops Haemorrhaging Red Ink At Last. “We are not planning an SUV, but never say never” Mercedes’ Smart subsidiary has stopped losing money, although it won’t say by how much it is making. This is good news for parent company Daimler shareholders because Smart came top of a champion life-time money losers survey last […]

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Mercedes Pleases Investors With Big Profits, Promise Of More

Mercedes Pleases Investors With Big Profits, Promise Of More. “not just a model cycle issue but a structural improvement in the earning capacity of the group, resulting from a reinvigorated brand” Daimler’s luxury car-maker Mercedes-Benz surprised investors with better than expected profits in the first quarter, and analysts scrambled to raise their forecasts for the […]

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