Frankfurt, Germany, Oct 27, 2026 (AFP) - Mercedes-Benz cuts 2026 profit outlook on tough China market

NAMPA / AFP

2026-10-27

Mercedes-Benz on Tuesday became the third big German carmaker to cut its outlook for the year on tough conditions in China, underlining the scale of the crisis facing the industry. Citing difficulties in China -- the world's largest car market -- as well as higher material costs, core profit for 2026 is now expected to be on a par with the prior year's 5.8 billion euros ($6.5 billion), the company said. It had previously foreseen an increase of a......

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