German metalworkers have stepped up strikes to press for wage increases and job guarantees. Carmakers including Volkswagen's Audi and Mercedes-Benz Group, as well as component maker Schaeffler, were hit on Monday and Tuesday after a strike ban expired in October.
CarsGeorge Russell failed to show up for the press conference after the Mexican GP. As a result, Mercedes has been fined. The team must pay around 50,000 kronor.
SportsHe has a name that carries expectations, and the hopes of a motor-mad nation rest on his shoulders. This weekend, the super-talented Kimi Antonelli could become the youngest Formula 1 champion in history. Winning the title would be just the beginning, says the Italian.
SportsGerman carmaker Mercedes-Benz Group is to develop a new strategic plan in response to major setbacks in the Chinese market. However, a retreat from the world’s largest car market is not on the cards, according to Swedish CEO Ola Källenius.
BusinessGerman carmaker Mercedes-Benz Group has taken aim at rivals Volkswagen and BMW and lowered its profit forecast. The stock, which has lost more than a third of its value so far this year, fell more than 5 percent after the announcement.
BusinessThe Chinese electric car giant BYD is making a splash in Europe, and in a few weeks, it will open a showroom in central Stockholm. But many Europeans are turning a blind eye. “People have preconceived ideas, even in Sweden,” says Niklas Gustafson, BYD’s country manager in Sweden.
CarsWorld Championship leader Kimi Antonelli crashed in qualifying and will start 16th in the Formula 1 World Championship race in Baku. His Mercedes teammate George Russell was fastest and took pole position.
SportsGerman car manufacturer Mercedes-Benz wants to cut its personnel costs in Germany by 800 million euros, just over 9 billion kronor.
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