Mercedes-Benz cuts profit forecast as shares fall more than 5% on China challenges and rising costs

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Mercedes-Benz cuts profit forecast as shares fall more than 5% on China challenges and rising costs
Photo: Stephanie Scarbrough/AP/TT

The adjusted return is now estimated at 2-3 percent for the full year 2026, according to an interim report from Mercedes-Benz Group. Previously, the forecast was 3-5 percent.

The automaker cited a tough situation in China and higher costs in the fourth quarter, partly due to more expensive input goods.

For the third quarter, Mercedes reported an operating profit of 1.8 billion euros, compared with an average analyst forecast of 1.6 billion, according to Bloomberg.

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By TT News Agency. English edition by Sweden Herald, adapted for our readers

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