German carmaker Mercedes-Benz sees third-quarter profit fall 31%

NAMPA / DPA
2025-10-29
Stuttgart, Germany (dpa) - German carmaker Mercedes-Benz on Wednesday said its third-quarter profit dropped nearly 31% year-on-year, as Germany's crucial automotive sector struggles in the face of rising costs, competition and trade barriers. Profit fell to ?1.19 billion ($1.38 billion) from ?1.71 billion in the third quarter of 2024. Adjusted group earnings before interest and tax (EBIT) slipped to about ?2 billion in the quarter from ?2.5 bil......
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