• 09/20/2024

Mercedes-Benz Cuts Margin Target After Profit Miss

Wall Street Journal

Mercedes-Benz lowered the ceiling for a key profitability target after its second-quarter earnings missed expectations, and the carmaker pointed to a tough Chinese market and trade tensions that could hamper its business down the road.

https://www.wsj.com/articles/mercedes-benz-lowers-profitability-targets-for-cars-raises-goal-for-vans-4eb6c7bf