Mercedes-Benz quarterly profit rises 13.5%
Mercedes-Benz's profits surged by 13.5% in the second quarter of 2026, reaching €1.09 billion, after a significant decline throughout the previous year. Despite a 21.5% improvement in operating profit, the company's revenues declined by 3.3% to approximately €32 billion. Sales in China for passenger cars fell sharply by 30%, leading to an overall sales decrease of 6%. Mercedes has been experiencing profit declines during 2024 and 2025, and the company has implemented cost-cutting measures, including delaying the payment of wages and reducing staffing expenses, in an effort to improve financial performance and address market challenges.
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