auto industry – The Milli Chronicle

Friday, May 1, 2026

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Asia Latest News Top Stories

NewsDesk MC May 1, 2026May 1, 2026 auto industry, Beijing summit, China exports, donald trump, economic diplomacy, He Lifeng, Jamieson Greer, marco rubio, rare earths, Reuters news, Scott Bessent, semiconductor restrictions, steel groups, supply chain rules, Taiwan tensions, tariffs, trade war, U.S. Treasury, US-China relations, Wang Yi, Xi Jinping

US, China Trade Chiefs Clash Over Supply Chain Rules Ahead of Trump-Xi Summit

Washington— Senior U.S. and Chinese economic officials held what both sides described as “candid” talks on Thursday, exchanging complaints over

Asia Latest News Top Stories

NewsDesk MC April 29, 2026April 29, 2026 analyst forecasts, auto industry, automotive margins, China market, CLA electric sedan, cost cutting, EBIT, electric vehicles, EV transition, German automakers, germany, Harald Wilhelm, luxury cars, Mercedes-Benz, Ola Kaellenius, operating profit, quarterly earnings, revenue miss, S-Class, Stuttgart, tariffs

Mercedes Profit Slides as China Slowdown, Tariffs Pressure Margins

Berlin- Mercedes-Benz Group AG reported a sharp fall in first-quarter operating profit on Wednesday, as weaker demand in China, rising