CarMax Q2 profit rises despite hit from HarveySept. 22
Hyundai in tailspin as China sales drop with missile crisisSept. 12
BMW's Krueger sticks to profit-margin target even with EV pushSept. 12
Mercedes will cut costs to fund EVsSept. 11
Mercedes says the launch of its EQ electric vehicle family could mean it may not meet its profit margin target in the midterm. The automaker plans a $4.8 billion cost-cutting program to counteract the expected pressure on earnings.