Slowing sales of the sedan (from 17,641 in 2019 to 8,108 in 2021), combined with increasing SUV sales and the availability of ...

The growing popularity of Chinese sport utility vehicles and pickup trucks has shaken up Mexico's luxury car market, hitting sales of traditionally dominant brands such as Mercedes-Benz and BMW.

CEO Ola Källenius spoke to reporters after the company's quarterly earnings report and signaled the automaker is open to ...