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Mercedes Benz

Mercedes-Benz profit slides amid cutthroat Chinese market

Published 29 Apr, 2026 11:33am

Mercedes said car sales by volume in China fell 27 percent in the first three months of 2026

Tesla launches new six-seater Model Y in India in attempt to boost tepid sales

Published 22 Apr, 2026 11:21pm

MUMBAI: U.S. electric vehicle maker Tesla has launched a six-seater version of its best-selling Model Y in India as...

South Korea fines Mercedes $7.6mn over misleading EV battery information

Published 10 Mar, 2026 11:00am

An FTC official said Mercedes German headquarters and its Korean unit would jointly pay the fine

Foreign cars flow to Russia through China

Published 18 Feb, 2026 06:56am

MOSCOW: Tens of thousands of cars are being exported from China to Russia under gray-market schemes that often...

Mercedes 2025 earnings more than halve in year rocked by tariffs, China woes

Published 12 Feb, 2026 11:41am

The company generated revenue of 132.2 billion euros, down 9% year on year and slightly below the forecast 134 billion euros

Mercedes India’s revenue hits fresh record on strong top-end luxury sales

Published 15 Jan, 2026 06:11pm

A 23% decline in sales of Mercedes’ entry-segment cars in 2025 weighed on growth even as demand for its top-end models grew by 12%

Mercedes-Benz India to hike car prices on rising costs

Published 12 Dec, 2025 03:13pm

*The company said that the euro-rupee exchange rate has traded persistently above the 100 rupee ($1.11) mark this year, increasing operational costs

Mercedes-Benz profit plunges on China slump and US tariffs

Published 29 Oct, 2025 12:53pm

FRANKFURT: German premium carmaker Mercedes-Benz reported plunging third-quarter profit Wednesday, hit by weak sales...

Mercedes cuts EVs’ environment footprint with low-carbon aluminium

Published 29 Sep, 2025 12:39pm

AARDAL: Aluminium made with renewable power and from recycling is helping luxury automaker Mercedes-Benz cut CO2...

Mercedes-Benz offloads Nissan stake for $325 million, source says

Published 26 Aug, 2025 12:56pm

TOKYO: The pension trust of German automaker Mercedes-Benz has sold its stake in Japan’s Nissan Motor for 47.83...

Mercedes-Benz Pension Trust to sell its 3.8% stake in Nissan Motor

Published 25 Aug, 2025 05:25pm

TOKYO/BERLIN: The pension trust of Mercedes-Benz will sell off its roughly $346 million shareholding, a 3.8% stake,...

Mercedes-Benz India’s first-quarter sales hit record high on strong demand for top-end models, EVs

Published 11 Jul, 2025 05:20pm

German luxury carmaker Mercedes-Benz said its first-quarter sales in India hit an all-time high, rising 10% to 4,238...

Mercedes says no supply chain disruptions after China export concerns

Published 30 Jun, 2025 06:22pm

STUTTGART: There has been no disruption to production due to limited raw material exports from China at German...

Mercedes-Benz proposes tariff offset system with US, Spiegel reports

Published 05 Jun, 2025 06:23pm

BERLIN: Mercedes-Benz has proposed a deal under which U.S. cars could be imported into Europe duty free in exchange...

Tesla not keen on local production in India, minister says

Published 02 Jun, 2025 01:50pm

NEW DELHI: Tesla does not want to produce cars in India, a federal minister said on Monday, while adding that...

Mercedes reports profit drop in Q1 as tariffs bite

Published 30 Apr, 2025 11:15am

BERLIN: Mercedes-Benz on Wednesday reported lower profitability in its cars business in the first quarter and warned...

Mercedes signs deal with Luminar to develop latest lidar sensors

Published 29 Apr, 2025 06:48pm

SAN FRANCISCO: Mercedes-Benz has signed a new agreement with Luminar Technologies to develop and integrate its...

Mercedes CEO urges EU to find equitable solution to China-made EV tariff dispute

Published 23 Apr, 2025 12:38pm

SHANGHAI: Mercedes-Benz CEO Ola Källenius said on Wednesday the German automaker was urging the European Union to...

China’s Nio delays Europe launch of Firefly EV to third quarter

Published 22 Apr, 2025 11:24am

SHANGHAI: China’s Nio said on Tuesday it would launch its Firefly electric vehicle in Europe in the third quarter,...

Mercedes to develop smart cars for global markets with China’s Hesai lidar

Published 12 Mar, 2025 07:26pm

SHANGHAI: Mercedes-Benz will develop smart driving cars for global markets equipped with Hesai’s lidar sensors, a...

Mercedes-Benz plans to cut up to 15% jobs in China, Bloomberg News reports

Published 27 Feb, 2025 12:33pm

Mercedes-Benz and its subsidiaries plan to cut up to 15% of their workforce in China, Bloomberg News reported on...

Mercedes-Benz cuts costs, renews focus on combustion engine models in bid to revive earnings

Published 20 Feb, 2025 03:58pm

BERLIN: Mercedes-Benz on Thursday announced further cost-cutting and more petrol and diesel cars than EVs in its new...

Mercedes-Benz prepares strategy revamp after annual earnings slump

Published 20 Feb, 2025 11:58am

BERLIN: Mercedes-Benz has launched plans to boost returns in its car division to 10% or higher, the German luxury...

Amazon orders 200 new electric heavy trucks from Daimler for Germany, UK

Published 14 Jan, 2025 08:11am

Amazon, said on Tuesday it has ordered 200 Mercedes-Benz fully-electric eActros 600 heavy goods vehicles from...

Mercedes to expand in India’s smaller cities as younger generations splurge

Published 09 Jan, 2025 03:56pm

NEW DELHI: Germany’s Mercedes-Benz , fresh off a year of record sales in India, plans to add another 20 dealerships...

Stocks jump on China hope, euro rebounds

Updated 03 Dec, 2024 05:11pm

LONDON: Stock markets and oil prices jumped Tuesday, supported by hopes China will unveil fresh measures to boost...

In high-wage Germany, VW’s labour costs outstrip the competition

Published 20 Nov, 2024 11:53am

BERLIN/FRANKFURT: As Volkswagen and unions gear up for the next round of talks over wages and plant closures in...

Mercedes to step up cost cuts after earnings halve

Published 28 Oct, 2024 06:21am

BERLIN: Mercedes-Benz will step up cost cuts after earnings halved in the third quarter hit by tepid demand and...

FTO voices concern over delay in release of imported vehicle

Published 25 Jul, 2024 06:24am

ISLAMABAD: The Federal Tax Ombudsman (FTO) has expressed serious concern over delay in the release of an imported...

Tesla, rivals get low marks for automated-driving technology

Published 12 Mar, 2024 10:30am

DETROIT: Tesla’s Autopilot and Full Self Driving technology and nine other assisted-driving systems marketed by...

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Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jun 3	278.65
USD PKR Interbank Buying / Jun 3	278.45
USD to Japanese Yen / Jun 3	159.93
USD to Swiss Franc / Jun 3	0.79
Pound Sterling to USD / Jun 3	1.34
Euro to USD / Jun 3	1.16
SOFR % / Jun 3	3.63

Stock	Volume
S&P 500 / Jun 3	7,553.68
India Sensex / Jun 3	74,346.17
Tokyo Nikkei / Jun 3	68,402.13
Nasdaq / Jun 3	26,853.97
Hang Seng / Jun 3	25,633.21
FTSE 100 / Jun 3	10,332.30
Dow Jones / Jun 3	50,687.07
Germany DAX 30 / Jun 3	24,795.94
France CAC40 / Jun 3	8,150.42

Item	Value
Crude Oil USD/Barrel / Jun 3	95.34
Gold 10 Grams PKR / Jun 3	401,030
Gold Spot USD/Ounce / Jun 3	4,452.30
Cotton US¢/pound / Jun 3	80.51
Petrol/Litre / Jun 4	381.78
Diesel/Litre / Jun 4	380.78

Gainers
Losers
Leaders

Stock	Price
Azgard Nine (Non-Voti) / Jun 4 Azgard Nine (Non-Voti)(ANLNV)	8.42 ▲ 0.99 (13.32%)
First IBL Mod. / Jun 4 First IBL Modaraba(FIBLM)	11.41 ▲ 1.04 (10.03%)
Ruby Textile / Jun 4 Ruby Textile Mills Limited(RUBY)	18.67 ▲ 1.7 (10.02%)
Universal Ins. / Jun 4 The Universal Insurance Company Limited(UVIC)	25.59 ▲ 2.33 (10.02%)
Tri-Star Power / Jun 4 Tri-Star Power Limited(TSPL)	15.38 ▲ 1.4 (10.01%)
Pak Synthetics / Jun 4 Pakistan Synthetics Limited(PSYL)	127.36 ▲ 11.58 (10%)
Zuma Resources / Jun 4 Zuma Resources Limited(ZUMA)	72.62 ▲ 6.6 (10%)
Askari Life Assur. / Jun 4 Askari Life Assurance Company Limited(ALAC)	21.16 ▲ 1.92 (9.98%)
Asia Ins. / Jun 4 Asia Insurance Company Limited(ASIC)	37 ▲ 3.16 (9.34%)
Grays Leasing / Jun 4 Grays Leasing Limited(GRYL)	22.80 ▲ 1.91 (9.14%)

Stock	Price
Khairpur Sug. / Jun 4 Khairpur Sugar Mills Limited(KPUS)	1,948.15 ▼ -216.46 (-10%)
Popular Islamic / Jun 4 Popular Islamic Modaraba(PIM)	21.61 ▼ -1.96 (-8.32%)
Kohat Textile / Jun 4 Kohat Textile Mills Limited(KOHTM)	77.50 ▼ -4.98 (-6.04%)
Ahmad Hassan / Jun 4 Ahmad Hassan Textile Mills Limited(AHTM)	80 ▼ -5.11 (-6%)
Frontier Ceramics / Jun 4 Frontier Ceramics Limited(FRCL)	75.01 ▼ -4.16 (-5.25%)
Shadman Cotton / Jun 4 Shadman Cotton Mills Limited(SHCM)	47.40 ▼ -2.48 (-4.97%)
Dawood Equities / Jun 4 Dawood Equities Limited(DEL)	19.70 ▼ -0.86 (-4.18%)
Shahmurad Sugar / Jun 4 Shahmurad Sugar Mills Limited(SHSML)	358.11 ▼ -14.63 (-3.92%)
Data Agro / Jun 4 Data Agro Limited(DAAG)	78.65 ▼ -3.09 (-3.78%)
Paramount Spinning / Jun 4 Paramount Spinning Mills Limited(PASM)	6.46 ▼ -0.25 (-3.73%)

Stock	Volume
Beco Steel Ltd / Jun 4 Beco Steel Limited(BECO)	35,538,923 ▲ 0.29
Wasl Mobility Mod. / Jun 4 Wasl Mobility Modaraba(WASL)	11,323,075 ▲ 0.34
P.T.C.L. / Jun 4 Pakistan Telecommunication Company Ltd(PTC)	9,685,080 ▲ 2.07
TPL Properties / Jun 4 TPL Properties Limited(TPLP)	8,057,112 ▲ 0.48
Dewan Cement / Jun 4 Dewan Cement Limited(DCL)	7,115,104 ▲ 0.16
B.O.Punjab / Jun 4 The Bank of Punjab(BOP)	6,864,028 ▲ 0.38
Telecard Limited / Jun 4 Telecard Limited(TELE)	6,016,438 ▲ 0.39
Pak Int.Bulk / Jun 4 Pakistan International Bulk Terminal(PIBTL)	5,233,978 ▲ 0.42
Pak Qatar Family / Jun 4 Pak Qatar Family Takaful Limited(PAKQATAR)	5,142,788 ▲ 0.7
TPL Corp Ltd / Jun 4 TPL Corp Limited(TPL)	3,713,292 ▲ 0.32

Mercedes Benz

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