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Mercedes Benz Group AG

Shares of Europe’s top carmakers fall amid dieselgate lawsuit reports

by Horatio Thompson
Shares of Europe’s top carmakers fall amid dieselgate lawsuit reports

A VW Golf GTI stands in a parking lot within sight of the brand tower on the grounds of the VW plant in Wolfsburg. Picture Alliance | Picture Alliance | …

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UAW challenges Mercedes-Benz union vote, asks NLRB for new election

by Walter Watson
UAW challenges Mercedes-Benz union vote, asks NLRB for new election

United Auto Workers (UAW) members and supporters on a picket line outside the ZF Chassis Systems plant in Tuscaloosa, Alabama, US, on Wednesday, Sept. 20, 2023. Andi Rice | Bloomberg …

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US inflation data, stocks, earnings

by Walter Watson
US inflation data, stocks, earnings

Stocks on the move: Tesco gains 5%, Ocado dips 2.5% Shares of Tesco rose 5% in afternoon deals as investors digested strong full-year earnings from the U.K. supermarket chain. Meantime, British …

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Autos firms say they expect limited impact from Baltimore port closure

by Ron Morgan
Autos firms say they expect limited impact from Baltimore port closure

The remains of the Francis Scott Key Bridge on March 26, 2024 in Baltimore.  Michael A. McCoy | The Washington Post | Getty Images The Baltimore bridge collapse on Tuesday …

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EV euphoria is dead. Automakers trumpet consumer choice in U.S.

by Horatio Thompson
EV euphoria is dead. Automakers trumpet consumer choice in U.S.

Although consumer demand for EVs hasn’t shown up in the way executives had expected, sales of the vehicles are still predicted to increase in the years to come. Andrew Merry …

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Mercedes-Benz shares climb 5% on share buyback, despite ‘exceptional’ uncertainty ahead

by Horatio Thompson
Mercedes-Benz shares climb 5% on share buyback, despite ‘exceptional’ uncertainty ahead

Mercedes-AMG GT 43 4MATIC+ on display at Brussels Expo on January 9, 2020 in Brussels, Belgium.  Sjoerd Van Der Wal | Getty Images News | Getty Images Mercedes-Benz shares gained …

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This Swiss auto parts maker’s stock could soar by 75%, Vontobel says

by Horatio Thompson
This Swiss auto parts maker’s stock could soar by 75%, Vontobel says

Switzerland-listed car parts manufacturer Autoneum’s share price could increase by over 70% in the next year, according to Vontobel. The investment bank raised its price target on Autoneum to 215 …

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2024 Might Finally Be A Good Year For Car Buyers

by Horatio Thompson
2024 Might Finally Be A Good Year For Car Buyers

Happy Tuesday! It’s December 26, 2023, and this is The Morning Shift — your daily roundup of the top automotive headlines from around the world, all in one place. Here …

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Tesla Gigafactory Hourly Workers Get Raises, Still Underpaid

by Horatio Thompson
Tesla Gigafactory Hourly Workers Get Raises, Still Underpaid

Good morning! It’s Tuesday, December 19, 2023, and this is The Morning Shift, your daily roundup of the top automotive headlines from around the world, in one place. Here are …

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European markets open to close: earnings, yields, U.S. GDP

by Walter Watson
European markets open to close: earnings, yields, U.S. GDP

European stocks closed lower on Friday, with earnings and the state of the global economy keeping sentiment on edge. The benchmark Stoxx 600 provisionally ended down 0.8%, with most sectors …

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