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Setback for Mercedes-Benz

» Published: 25 October 2024

Setback for Mercedes-Benz
Photo: Pavel Golovkin AP/TT

The German vehicle manufacturer Mercedes-Benz reports a net profit of 1.7 billion euro for the third quarter of the year. This is a profit decrease of 54 percent compared to the net profit of 3.7 billion during the corresponding quarter a year earlier.

The profit decrease was deeper than feared. The average forecast was 1.9 billion euro.

The turnover in the third quarter fell 7 percent to 34.5 billion euro.

TTT
By TTThis article has been altered and translated by Sweden Herald

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