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MBGAF / Mercedes-Benz sales dip slightly in Q3 on model changes, lack of parts

Mercedes-Benz sales dip slightly in Q3 on model changes, lack of parts
Sales of Mercedes-Benz cars dipped slightly in the third quarter with a steeper drop in China and the United States on model changes and lack of parts, the carmaker said on Tuesday. Read More
Posted: Oct 10 2023, 04:33
Author Name: Reuters
Views: 092031

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Mercedes-Benz Q3 earnings hit by 'intense price competition', report profit decline and revenue drop

By Yahoo Finance
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Mercedes-Benz Q3 earnings hit by 'intense price competition', report profit decline and revenue drop

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

Mercedes CFO says macro environment is subdued

By CNBC International TV
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Mercedes CFO says macro environment is subdued

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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
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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

The Japanese government is starting to 'really invest' in EV charging: Mercedes-Benz Japan CEO

By CNBC International TV
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The Japanese government is starting to 'really invest' in EV charging: Mercedes-Benz Japan CEO

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I played video games and closed my eyes while driving a Mercedes

By CNN Business
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I played video games and closed my eyes while driving a Mercedes

It was a cloudy day in Los Angeles when I went out in search of a traffic jam, something that's not hard to find there. I was looking for slow traffic more_horizontal

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 electric trucks will be very competitive, CEO says

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


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