General · 29 April 2026

Mercedes Q1 profit drop smaller than forecast

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.

By BriefTea Editorial · 29 April 2026 at 13:00

Reported by Reuters · How we write briefs