The Business Times
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Mercedes-Benz

Transport & Logistics

GIC-backed Momenta kicks off Hong Kong IPO, targets up to HK$5.89 billion

Nissan has said it will cut the number of its auto production plants to 10 from 17 and conduct a review of its powertrain factories.
Companies & Markets

Nissan unit scraps plan to make EV powertrains in UK: Nikkei

Industry observers think recent moves by C&C's parent company could be preparations for a sale of the unit.
Companies & Markets

Shareholder change ‘not a new thing’; firm’s strength comes from its talent: Cycle & Carriage MD

Cycle & Carriage was awarded the Mercedes-Benz franchise in 1951, making it the first enterprise to represent the German car brand in South-east Asia.
Opinion & Features
HOCK LOCK SIEW

Shedding the iconic ‘Cycle & Carriage’ will be a loss – but perhaps a necessary one for Jardine

Volkswagen, which is launching 20 new models in China in 2026 alone, has allied with Xpeng and Horizon Robotics.
Opinion & Features

Global carmakers desperately want to become more Chinese

Mercedes-Benz posted first-quarter revenue of 31.6 billion euros, missing analyst estimates for 31.8 billion euros.
Transport & Logistics

Mercedes reports narrower-than-forecast profit slump in first quarter

China brand Chery, which produces the Omoda E5, has increased its registrations year on year by around six times to 600 in Q1 2026.
Singapore

‘Fundamental reshaping’ of Singapore car market as EV brands race up the sales charts

Mercedes' push further upmarket is under strain from a deepening sales slump in China, where younger buyers are increasingly turning to Chinese brands.
Transport & Logistics

Mercedes steps up China comeback with sporty electric C-Class

While Mercedes' sales volumes are up by 7% in Europe and 20% in the US, this has not been enough to offset a 27% drop in China.
Transport & Logistics

Mercedes Q1 sales down in tough ‘transition year’ for China business

Mercedes-Benz is pinning its hopes on new product launches in the coming years as it endeavours to win back customers in China.
Transport & Logistics

Mercedes flags more margin pressure ahead, tough road in China

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