VW, Mercedes, Stellantis Make New Car Models Bet After Weak Start to Year

Car buyers should be spoiled for choice this year.

Volkswagen, Stellantis and Mercedes-Benz all promise a slew of new models, which they say will help accelerate growth following a broad pullback during the first quarter. At Mercedes, earnings slumped 34% with carmaking returns sinking far below targets. The luxury auto-maker partly blamed high costs for model upgrades.