Mercedes-Benz sees profits shrink
As for many German car manufacturers, profits are under pressure. Mercedes has high hopes that this CLA (and the upcoming GLC) will reverse the downhill pattern /Mercedes-Benz
German carmaker Mercedes-Benz on Wednesday said its third-quarter profit fell nearly 31% year on year, as Germany's crucial automotive sector struggles amid rising costs, competition, and trade barriers. Profit fell to €1.19 billion from €1.71 billion in the third quarter of 2024.
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