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via finance.yahoo.comBusiness & Companies

Mercedes-Benz cars Q3 adjusted profit halves as China slump bites

FROM THE WIRE · FINANCE.YAHOO.COM

Investing.com -- Mercedes-Benz's core cars unit saw adjusted operating profit halve in the third quarter as sales in China slumped, the carmaker said on Wednesday, a day after it cut its full-year profit targets. Still guessing which stocks will beat the market? Our AI portfolio…

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bearishThe cut to the 2026 margin guidance and the China slump weigh on the outlook of a major German luxury carmaker.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Adjusted EBIT at Mercedes-Benz Cars fell to 560 million euros from 1.14 billion a year earlier.
  2. 02The cars unit now expects a 2% to 3% adjusted margin for 2026, down from 3% to 5%.
  3. 03Mercedes will reopen a voluntary severance programme for German office staff from December.
NEWS IMPACT AND MARKET REACTIONChange from the reference price
Mercedes-Benz Group AGMBG.XETRAStock39.77 EUR+0.20%today -0.03%Negative
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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