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MBGAF / Mercedes-Benz expects to hit lower end of returns forecast for cars division

Mercedes-Benz expects to hit lower end of returns forecast for cars division
Mercedes-Benz expects the adjusted return on sales of its cars division for the full year to hit the lower end of its 12-14% forecast, the company said on Thursday, as it reported a drop in third-quarter earnings due partly to lower deliveries. Read More
Posted: Oct 26 2023, 01:04
Author Name: Reuters
Views: 091991

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By Yahoo Finance
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Mercedes-Benz (MBG.DE) shares fell after reporting a decline in revenue and profit in the third quarter, citing electric vehicle market challenges and more_horizontal

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The German carmaker said it had faced intense price competition, particularly in electric vehicles. more_horizontal

Mercedes-Benz expects to hit lower end of returns forecast for cars division

By Reuters
October 26, 2023

Mercedes-Benz expects to hit lower end of returns forecast for cars division

Mercedes-Benz expects the adjusted return on sales of its cars division for the full year to hit the lower end of its 12-14% forecast, the company sai more_horizontal

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Are Investors Undervaluing Mercedes-Benz Group AG (MBGAF) Right Now?

By Zacks Investment Research
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Are Investors Undervaluing Mercedes-Benz Group AG (MBGAF) Right Now?

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Neverthe more_horizontal

Mercedes-Benz electric trucks will be very competitive, CEO says

By CNBC International TV
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Mercedes-Benz Trucks CEO Karin Rådström discusses the outlook for the company's new electric vehicles. more_horizontal


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