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German automaker Mercedes-Benz sold 6% fewer vehicles in the first quarter of the year than in the same period last year, the company reported on Wednesday. During the quarter, Mercedes-Benz sold a total of 568,400 vehicles. The decline was led by an 8% drop in sales by the passenger car division, down to 463,000 vehicles, according to Mercedes-Benz. Sales of vans rose by 7% to 105,400. The decline in passenger cars is mainly due to model changes and restrictions in the supply chain in Asia, whi ....
In November, the UAW said it was launching a first-of-its-kind push to publicly organize the entire nonunion auto sector in the U.S. employing about 150,000 hourly workers after winning record new contracts with the Detroit Three automakers. ....
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VW S.Africa: The company s VW passenger car brand is in the midst of defining the key measures of a global scheme to boost its flagging margin - the first of a series of savings drives aimed at improving group profitability and staying competitive in the transition to electric cars. ....