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Mercedes-Benz vows to defend pricing levels after in-line Q1 profit drop

Mercedes-Benz on Tuesday reported lower first-quarter profits and sales that were in line with expectations, adding it would hold and defend high pricing levels seen in the first quarter. .

Thyssenkrupp rebuffs union claims regarding steel stake sale

Thyssenkrupp on Monday rejected allegations by labour representatives that it failed to adequately inform workers about its plans to sell a stake in its steel unit to Czech energy firm EPCG,.

Porsche AG Posts Q1 Profit Drop on Ramp-Up Costs

Porsche AG Posts Q1 Profit Drop on Ramp-Up Costs
usnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from usnews.com Daily Mail and Mail on Sunday newspapers.

Porsche AG posts Q1 profit drop on ramp-up costs

Porsche on Friday reported a 30% drop in first-quarter operating profit, citing higher investments in what the German luxury carmaker has called its biggest year of product launches in history. .

BMW to invest a further $2 76 billion in key market China

BMW said on Friday it planned to invest an additional 20 billion yuan in its Shenyang production base in China, in a sign of the premium carmaker s unwavering commitment to the Chinese market. .

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