Mercedes-Benz Cuts 2026 Car Margin Outlook on China Weakness, Higher Costs
The company lowered its 2026 car margin outlook, citing China weakness and higher costs.
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09:07:15 AM UTC
SquawkNews
Mercedes-Benz XETR:MBG on Tuesday cut its profit margin outlook for 2026 for its core cars division, citing increasingly challenging market environment in China and higher costs in the fourth quarter.German premium automaker now expects an adjusted return on sales of 2%-3% in 2026, down from its pr…