Europe automaker shares slump after Mercedes becomes latest to cut 2024 guidance – CNBC

Europe automaker shares slump after Mercedes becomes latest to cut 2024 guidance  CNBCMercedes-Benz slashes forecast from 11% to 7.5% amid China’s economy downturn  MintMercedes slashes financial forecast in latest blow to German industry  Business StandardMercedes-Benz cuts yearly sales forecast amid rapidly declining sales in Chinese markets  HT AutoMercedes-Benz Group AG cuts earnings guidance on hit from China-led weakness  Investing.com Europe automaker shares slump after Mercedes becomes latest to cut 2024 guidance  CNBCMercedes-Benz slashes forecast from 11% to 7.5% amid China’s economy downturn  MintMercedes slashes financial forecast in latest blow to German industry  Business StandardMercedes-Benz cuts yearly sales forecast amid rapidly declining sales in Chinese markets  HT AutoMercedes-Benz Group AG cuts earnings guidance on hit from China-led weakness  Investing.com  Top stories – Google News