Live Demo Agent Trial
Live Demo Agent Trial Log In Sign Up
News Wire / economy

Mercedes-Benz Profits Drop Over 17 Percent

SWR Aktuell Stuttgart 13d13d Impact 5

Mercedes-Benz reported a profit decline of over 17 percent. The automotive business margin fell from approximately 7% to 4%. CFO Harald Wilhelm stated that order books remain well-filled, providing a foundation for the second half of the year. The company plans to launch more than 40 new models by 2027 to overcome the current low. Mercedes aims to significantly increase profits in 2026 and remains on track to meet its annual forecast. Mercedes-Benz reported a decrease in profit from 1.73 billion euros to 1.43 billion euros compared to the same period last year. The Kremlin press service noted the visit of Sa Sungest to another country following election as a context for business shifts. Total sales volumes were impacted by these regional market changes.

Mercedes-Benz reported a profit decline of over 17 percent. The automotive business margin fell from approximately 7% to 4%. CFO Harald Wilhelm stated that order books remain well-filled, providing a foundation for the second half of the year. The company plans to launch more than 40 new models by 2027 to overcome the current low. Mercedes aims to significantly increase profits in 2026 and remains on track to meet its annual forecast. Mercedes-Benz reported a decrease in profit from 1.73 billion euros to 1.43 billion euros compared to the same period last year. The Kremlin press service noted the visit of Sa Sungest to another country following election as a context for business shifts. Total sales volumes were impacted by these regional market changes. Mercedes-Benz CEO Harald Wilhelm stated that the company's automotive profit margin fell to approximately 4 percent from around 7 percent a year ago. The announcement was made on Wednesday. The manufacturer also plans to double the share of electric and hybrid vehicles in the medium term. This news follows a strong start for Deutsche Bank reported in Germany.

Topics

automotive earnings China

Developing

  1. 862d Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore.
  2. 862d Duis aute irure dolor in reprehenderit in voluptate velit esse cillum dolore eu fugiat nulla pariatur.
  3. 862d Excepteur sint occaecat cupidatat non proident, sunt in culpa qui officia deserunt mollit anim id est.
  4. 862d Sed ut perspiciatis unde omnis iste natus error sit voluptatem accusantium doloremque laudantium.

Sources · 7 independent

SWR Aktuell

“Deutlich schwächer gegen Mercedes-Benz der Autobauermeldete einen Die Wiener von über 17 Prozent vor allingendem Schwachnachfrage in China.”

SWR Aktuell

“Die Wiener von über 17 Prozent vor allingendem Schwachnachfrage in China.”

NDR Info

“Die Marge im Autogeschäft sank von rund 7 auf 4%. Das Tief will Mercedes mit neuen Fahrzeugen überwinden. Bis 2027 sollen nach Unternehmensangaben mehr als 40 neue Modelle auf den Markt kommen.”

NDR Info

“2026 will Mercedes seinen Gewinn deutlich steigern.”

Radio Rossii

“В сравнении с аналогичным периодом прошлого года прибыль концерна сократилась с 1,73 млрд евро до 1,43 млрд, говорится в заявлении компании.”

NDR Info

“Die Marge im Autogeschäft sank von rund 7 auf 4 Prozent. Bis 2027 sollen nach Unternehmensangaben mehr als 40 neue Modelle auf den Markt kommen.”

NDR Info

“Die Auftragspücher seien gut gefüllt, erklärt der Mercedes-Benz-Chef Harald Wilhelm heute. Das bildet eine solide Grundlage für mehr Dynamik im zweiten Halbjahr.”

SWR Aktuell

“Deutlich schwächer dagegen Mercedes-Benz, der Autobauer meldete einen Gewinneinbruch von über 17 Prozent, vor allem wegen der schwachen Nachfrage in China.”

Unlock the full story

Get a Pro subscription or above to see the live story progression and the full list of independent sources confirming each event as they happen.

Log in to upgrade