29-July-2026
Corporate News
 
Mercedes Benz reports Q2 profit boost but flags China woes for car sales
28-Jul-2026

German premium carmaker Mercedes-Benz reported a 22% rise in second-quarter operating profit but flagged weakness in its core cars business on Tuesday, now forecasting a drop in overall sales due to problems in China. Group earnings before interest and tax (EBIT) came in at €1.5 billion ($1.71 billion), slightly below an average analyst estimate of €1.6 billion, according to a poll conducted by Visible Alpha.

News Source:- https://economictimes.indiatimes.com/news/international/business/mercedes-reports-q2-profit-boost-but-flags-china-woes-for-car-sales/articleshow/132675929.cms
 
 
 

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