• 11/29/2024

Mercedes-Benz Warns on Outlook as Market Uncertainty Weighs

Wall Street Journal

Mercedes-Benz warned that 2024 underlying earnings would be slightly below last year’s levels on stable revenue expectations, adding the auto market faced an uncertain economic backdrop and possible “unexpected developments” from geopolitics and trade policy.

https://www.wsj.com/articles/mercedes-benz-expects-lower-earnings-this-year-but-lifts-dividend-023429db