Mercedes-Benz is recalling more than 24,000 cars because of a drive shaft issue.
The National Highway Traffic Safety Administration (NHTSA) has announced that Mercedes-Benz is recalling over 24,000 vehicles due to an issue with the driveshaft universal joint, which poses the risk of unexpected damage. This recall affects multiple models, and the NHTSA’s documentation indicates that if the joint breaks, it can lead to a loss of power […]
Mercedes-Benz plans $4 billion investment in Alabama facility due to Trump auto tariffs
Mercedes-Benz Announces Major Investment in Alabama Mercedes-Benz has revealed plans to invest $4 billion in a new factory in Alabama by 2030, aiming to boost SUV production as a response to significant U.S. auto tariffs. This investment is part of a broader strategy, as the luxury carmaker intends to allocate over $7 billion to its […]
Mercedes-Benz profits dropped by over 50% due to a $1.2B tariff impact.
Mercedes-Benz Faces Major Revenue Cuts Due to Tariffs On Thursday, Mercedes-Benz announced that a hefty $1.2 billion loss due to President Trump’s tariffs has more than halved its projected revenue for 2025. The company is also bracing for further challenges moving forward. The German luxury car manufacturer reported an operating profit for the year of […]
Mercedes-Benz CEO declines proposal to relocate headquarters to the US, according to a report.
Mercedes-Benz CEO Rejects US Headquarters Move The head of Mercedes-Benz has turned down a proposal from the Trump administration to shift its headquarters to the United States. Ola Källenius mentioned in an interview with *Pioneer* that Commerce Secretary Howard Lutnick had previously suggested the company’s relocation. Källenius emphasized that while Mercedes-Benz operates on a global […]
Mercedes-Benz CEO signals more potential US investment
Bullseyey American Ingenuity Fund Portfolio Manager Adam Johnson breaks down President Donald Trump's tariff plans and evaluates weekly economic data on “Maria Bartiromo's Wall Street.” On Thursday, the CEO of Mercedes-Benz showed the company plans to invest more in the US over the next few years, and also discussed how tariffs will affect the automaker's […]
Mercedes-Benz crashes through roof of Southern California home after ‘elderly’ driver loses control
A driver was injured when a car crashed into the roof of a home in suburban Los Angeles Sunday night, authorities said. The car, a white Mercedes-Benz sedan, veered off the road and crashed into the Killeen family's Rancho Palos Verdes home, leaving a large hole in the roof. “There was a car in our […]