Mercedes-Benz Passenger Car Profit Falls 51% as China Sales Slump
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A Mercedes-Benz passenger car production plant in Baden, Germany. Photo: VCG
Mercedes-Benz Group AG’s passenger-car business reported a nearly 51% decline in third-quarter adjusted operating profit as weaker demand and intense competition in China weighed on earnings.
The German luxury automaker lowered its full-year outlook for the second time in 2026 and is stepping up cost-cutting efforts as it reviews its operations in China, its largest single passenger-car market.
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