Mercedes-Benz lowered its 2026 EBIT guidance and margin expectations due to continued weakness in China. The automaker reported third-quarter operating profit of €1.77bn, up 136.4% year-on-year, but this figure reflects a weak prior-year comparison. The prior year included €876m in restructuring charges and €427m in legal costs. The carmaker cited the Chinese market situation as showing no sign of improvement.
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China decline continues to sap Mercedes’ car division profit
This article summarizes reporting by Automotive World.
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