Mercedes Cuts 2026 Profit Guidance
Mercedes cut its profit guidance for 2026. The wire headline cites China woes weighing on German automakers.
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Mercedes cut its profit guidance for 2026. The wire headline cites China woes weighing on German automakers.
Jefferies kept Porsche at hold with a 49 euro target after investor-event remarks on margins and cash returns. UBS raised Volvo to buy and Bernstein upgraded Continental to outperform, while shares in the sector were mixed.