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China’s President Xi Jinping urged multinational CEOs to safeguard global trade and supply chains amid rising US tariffs, emphasizing the need for cooperation to stabilize the economy. The meeting, attended by around 40 executives, highlighted concerns over tightening regulations and foreign investment challenges in China. Xi noted the significant contributions of foreign enterprises to China's economy, while reiterating the mutually beneficial nature of China-US trade relations.
Mercedes-Benz has unveiled the new CLA, a fully electric compact sedan boasting a remarkable range of up to 492 miles, making it the longest-range EV in Europe. With a focus on digital intelligence and aggressive styling, the CLA aims to attract a younger audience and marks the beginning of a significant product launch strategy for the brand. The vehicle features advanced technology, including a new operating system and rapid charging capabilities, positioning it as a blueprint for future Mercedes models.
Mercedes-Benz faces a significant decline in profits, with operating results dropping by 31% to €13.6 billion, attributed to weakened sales in China and the eurozone. The company plans to implement cost-saving measures and introduce new models to enhance competitiveness, while shares are expected to trade within a range of €50 to €78.
Ola Källenius
People
The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
China's Xi urges CEOs to safeguard trade amid looming US tariffs
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13:01 28.03.2025
Mercedes CLA challenges Tesla with impressive 492-mile electric range
10:45 18.03.2025
Mercedes-Benz faces profit decline amid weakening China market and eurozone challenges
12:26 20.02.2025
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