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Mercedes-Benz Group AG expects returns to decline this year. Here's why

The manufacturer is forecasting an automaking margin of as low as 10%, down from 12.6% last year

The Mercedes-Benz logo is displayed on the front of a Mercedes-Benz CLE Cabriolet passenger car at the Annual Results Conference of the Mercedes-Benz Group AG in Stuttgart, southern Germany (AFP)
Published on Feb 22, 2024 02:08 PM IST
Bloomberg |

Mercedes sees strong cash flow following focus on top models

Industrial cash flow amounted to €11.3 billion ($12.3 billion), the company said late Thursday in preliminary figures.

Mercedes-Benz Group AG rose after reporting better-than-expected cash flow for last year as the luxury-car maker pivots to focus on its most profitable models.(File photo)
Published on Feb 02, 2024 04:09 PM IST
Bloomberg |

Why Ferrari? Lewis Hamilton became a master and man at Mercedes but got stuck

Lewis Hamilton shocked the racing world when he penned a deal with Ferrari, ending his 11-year-long association with Mercedes.

A collage no one saw coming: Lewis Hamilton is switching to Ferrari(AFP)
Published on Feb 02, 2024 09:01 AM IST

Lewis Hamilton to Ferrari: Major reason behind Mercedes departure revealed

Lewis Hamilton left the Formula One fraternity in shock with his move to Ferrari on Thursday.

Seven-time Formula One world champion Lewis Hamilton will leave Mercedes at the end of the 2024 season, the team announced February 1, 2024(AFP)
Published on Feb 02, 2024 07:43 AM IST

Lewis Hamilton's 5 achievements with Mercedes that could stand the test of time

As Lewis Hamilton is about to make a shock switch to Ferrari, we look back at his time with Mercedes.

Lewis Hamilton changed the landscape of F1 at Mercedes(Reuters)
Published on Feb 01, 2024 11:23 PM IST
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