Mercedes-Benz Q3 sales fall 4.5% to 30.7 billion euros
Briefing by News4U · First published
Mercedes-Benz reported third-quarter sales of 30.7 billion euros, down 4.5%, with net profit rising 28% to 1.52 billion euros. China sales dropped 31%.
Mercedes-Benz Group posted third-quarter sales of 30.7 billion euros, down 4.5% from a year earlier, missing the 30.95 billion euro estimate. Net profit rose 28% to 1.52 billion euros, while EBIT came in at 455 million euros, below the 584.7 million euro forecast. China sales fell 31%. [1] [2]
CEO Ola Källenius said Europe and U.S. sales grew and electric-vehicle deliveries hit a record, but he described the market environment as increasingly challenging, with China the biggest drag. The company issued a profit warning the day before the results. [2]
Sources
- 快讯
Wall Street CN · · Full text
- 在华销量大幅下滑，奔驰开启史上最大产品攻势以修复盈利
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