Daimler Earnings Slump as Weaker China Sales Hits Mercedes

  • 📰 WSJ
  • ⏱ Reading Time:
  • 15 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 63%

Deutschland Nachrichten Nachrichten

Deutschland Neuesten Nachrichten,Deutschland Schlagzeilen

Profits at Daimler's Mercedes-Benz car division are hit by a drop in sales in China

BERLIN—German luxury car maker Daimler AG reported a 37% drop in first-quarter earnings in its core car division, citing weak sales in China and a rapidly slowing global economy that hit its business in major markets.

Daimler on Friday said profits at the Mercedes-Benz car division, the company’s biggest, were hit by a 3% drop in China sales and an increase in the share of low-margin models in the company’s overall product mix. The return on Mercedes-Benz cars sales fell to 6.1% from 9% a year earlier.

 

Vielen Dank für Ihren Kommentar.Ihr Kommentar wird nach Prüfung veröffentlicht.

This is the first of many shudders across the auto industry. Technology is making humans more savvy. Even if they don't know how to ask, they know they're being given disposable crap by every auto maker on Earth. That goes for tech too...grumpy companies are ahead.

Wir haben diese Nachrichten zusammengefasst, damit Sie sie schnell lesen können. Wenn Sie sich für die Nachrichten interessieren, können Sie den vollständigen Text hier lesen. Weiterlesen:

 /  🏆 98. in DE

Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

European shares dip as China policy concerns temper earnings boostEuropean shares pulled back from eight-month highs on Wednesday as worries over ...
Herkunft: Reuters - 🏆 2. / 97 Weiterlesen »

European shares slip as China worries overshadow robust earningsEuropean shares edged lower on Wednesday as signals that China has put broader s...
Herkunft: Reuters - 🏆 2. / 97 Weiterlesen »

World shares fall as China stimulus worries offset upbeat Credit Suisse earningsWorld shares took a step back on Wednesday as signals that China has put broader...
Herkunft: Reuters - 🏆 2. / 97 Weiterlesen »