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Rachel More on Muck Rack

Rachel More

Verified
Berlin, Germany
As seen in: Reuters, G1 Globo, MSN, MSN Brasil, MSN Deutschland, MSN Ireland, MSN Money Canada, MSN Singapore, MSN UK, UOL, ETTelecom and
Scot abroad and wannabe German.
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Articles

Cost cuts help Mercedes stabilise profit but China woes loom

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By Rachel More Verified
| MSN Verified
By Rachel More BERLIN, July 28 (Reuters) - Mercedes-Benz posted a higher profit in the second quarter helped by tough cost cuts, pushing its shares up on Tuesday, but intense Chinese competition dented the outlook for car sales and revenue. The results were a rare respite for investors in the German automotive sector, which has been battered by mounting tariff costs and intensifying competition from Chinese rivals, prompting Volkswagen, Mercedes and BMW to accelerate cuts.
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Mercedes gets shares boost on stable second quarter despite China woes

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By Rachel More Verified
| WTHI-FM (Terre Haute, IN) Verified
By Rachel More BERLIN, July 28 (Reuters) – Shares in Mercedes-Benz got a boost on Tuesday after cost cuts helped stabilise profit in the second quarter, with further measures planned at its German plants, but intense Chinese competition cast a shadow over its ​core business.
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Mercedes gets shares boost on stable second quarter despite China woes

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By Rachel More Verified
| KRRO-FM (Sioux Falls , SD) Verified
By Rachel More BERLIN, July 28 (Reuters) – Shares in Mercedes-Benz got a boost on Tuesday after cost cuts helped stabilise profit in the second quarter, with further measures planned at its German plants, but intense Chinese competition cast a shadow over its ​core business.
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