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Mercedes-Benz Group AG (MBG.VI)
- Simply Wall St.
Mercedes-Benz Group Third Quarter 2024 Earnings: EPS Beats Expectations, Revenues Lag
Mercedes-Benz Group ( ETR:MBG ) Third Quarter 2024 Results Key Financial Results Revenue: €34.5b (down 6.7% from 3Q...
- Yahoo Finance Video
Mercedes-Benz to cut costs due to waning China demand
Mercedes-Benz (MBG.DE) announces plans to implement additional cost-cutting measures to enhance profitability. The decision comes amid declining demand for European automakers in China, which has impacted the luxury car manufacturer's earnings outlook. Catalysts co-hosts Seana Smith and Madison Mills dive into the details. To watch more expert insights and analysis on the latest market action, check out more Catalysts here. This post was written by Angel Smith
- The Wall Street Journal
Mercedes-Benz Earnings Slump on Tough Economic Backdrop, Fierce Competition
The luxury-car maker’s net profit halved in the third quarter and it said profitability in its main cars business was weaker due to softer pricing and lower sales of its higher-margin models.
