Browsing Tag
Mercedes-Benz Group
5 posts
Momenta IPO seeks $751m as HKEX: 6880 tests autonomous-driving valuation
Momenta Global Limited’s Hong Kong IPO gives investors access to a fast-growing autonomous-driving software supplier, but its near-$9 billion valuation depends on licensing scale, robotaxi execution and narrower losses.
BMW shares lose 10% in five days as new chief executive confronts China and cost pressures
BMW Group has sharply reduced its 2026 profit expectations after weaker Chinese demand and higher geopolitical costs overwhelmed growth in Europe and the United States, placing its global production model, workforce and electric vehicle strategy under renewed investor scrutiny.
BMW says mass layoffs are not planned, so where will 7,700 roles disappear?
BMW is preparing workforce discussions after cutting its 2026 outlook, putting jobs, manufacturing localisation and the new chief executive’s cost strategy under investor scrutiny.
The Turnberry Agreement: Inside the asymmetric United States and European Union trade framework now under strain
Brussels accepted a 15 per cent tariff ceiling for stability. Trump just breached it. The Turnberry Agreement was the floor, not the deal.
Turnberry Agreement under strain: Trump hikes European Union car tariffs to 25% from next week
European Union autos face a 25 per cent United States tariff next week. Brussels says it complied. Trump says it did not. The Turnberry deal hangs in the balance.