Get the app →
BriefTea logoBriefTea

Every story in sixty words

Get the free app no ads · no paywall

General · 29 April 2026

Mercedes Q1 profit drop smaller than forecast

Mercedes Q1 profit drop smaller than forecast

Photo by Victor Sutty on Unsplash

Pressure on costs and weaker demand in China are weighing on Mercedes-Benz, though the first-quarter fall was less severe than analysts had expected. The carmaker reported first-quarter operating profit of €1.9 billion, down 17% year on year on 29 April 2026. China sales fell 27%, while analysts had forecast a steeper 29% profit decline.

Reported by Reuters · How we write briefs

More briefs

WorldAlbanian protesters and riot police clash for a fifth day, demanding PM Rama quit General15 NHS staff sacked for looking at Nottingham attack victims' medical records WorldTrump pauses new Russia sanctions for 60 days, Rubio says SportsBilly Loughnane Becomes Youngest Champion Jockey Since 1923 BusinessBBC Pauses DIY SOS for 2027 to Save Money WorldPope Leo leaves hospital early following successful lung cancer surgery More top stories → Browse all stories →