Mercedes-Benz reports 27% drop in Q2 car earnings

  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 26 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 63%

Mercedes-Benz News

Group Level

Mercedes-Benz's on Friday reported a 27.5% fall in second-quarter adjusted earnings in its core car division as the German luxury automaker continues to...

- Mercedes-Benz's on Friday reported a 27.5% fall in second-quarter adjusted earnings in its core car division as the German luxury automaker continues to struggle amid model changeover and a subdued market environment in Asia.The results compared with LSEG's mean estimate of a 26% decline for the cars unit, and a 19.5% drop for the group.

As the summer travel season heats up, more tourists are flocking to Europe, and UnionPay card acceptance at point-of-sale terminals in Europe now exceeds 80%. UnionPay International is making strides in enhancing the payment experience at key European airports, including those in France, Germany, and Italy. Using UnionPay cards during international travel has become a popular choice for travelers.

Exploring Undervalued Stocks On Euronext Amsterdam With Intrinsic Discounts Ranging From 19.4% To 47%

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 47. in CA

Canada Canada Latest News, Canada Canada Headlines