Fortune (October 3)
“The boss of German carmaker Mercedes-Benz is bracing his company for a ‘Darwinian battle’ as Europe’s auto giants reel from falling demand and the onslaught of Chinese competitors.” CEO Ola Källenius and Mercedes-Benz are at “a pivotal moment of sink or swim.” As EV uptake slows in the Europe, “a similar demand glut in China and the emergence of cheap competitors from the region has left Europe’s carmakers fighting fires at home and overseas.”
Tags: Carmaker, CEO, China, Competitors, Darwinian battle, Europe, EVs, Falling demand, Germany, Glut, Källenius, Mercedes-Benz, Onslaught
Automotive News (February 8)
“Toyota is too polite to gloat, but the world’s biggest carmaker may be close to a told-you-so moment when it comes to waning enthusiasm for electric vehicles.”
Tags: Biggest, Carmaker, Electric vehicles, Enthusiasm, Gloat, Polite, Toyota, Waning
The Economist (March 17)
“Renault-Nissan-Mitsubishi has become the world’s biggest carmaker,” but “the job of drawing it even closer together will be tricky.”
Tags: Carmaker, Mitsubishi, Nissan, Renault, Tricky, World's biggest
