Latest News for MBGAF

Some of the world's biggest carmakers on Friday broadly won the first stage of a mammoth legal battle over whether some of their diesel vehicles contained prohibited "defeat devices" which limited emissions control systems.

German carmaker Mercedes-Benz said on Wednesday sales in its core car business continued to fall in the second quarter, declining 8% year-on-year due to intense competition in China.

German carmaker Mercedes Benz wants its employees to work longer hours for the same salary, among other measures aimed to cut costs across the company, it said in a note to employees on Friday.

Mercedes-Benz Group AG (MBGAF) is preparing to discuss deeper cost cuts with labor representatives as the luxury automaker pushes to stay competitive in a tough

Mercedes has partnered with German drone interceptor firm Tytan Technologies. It becomes the latest carmaker to turn to the defense industry to revive its ailing fortunes.
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