Mercedes-Benz lowered its full-year 2026 profit outlook.
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Mercedes-Benz Group lowered its full-year 2026 performance outlook due to deteriorating demand in the Chinese market and rising costs for materials and other items in the fourth quarter: the adjusted operating margin forecast for its core passenger car division was reduced from up to 5% to 2%-3%, and group EBIT is expected to be roughly flat. ZeroHedge reported that Brussels recently set an annual import cap of 350,000 units for Chinese hybrid vehicles, marking a significant escalation in the trade confrontation between Europe and Beijing.
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- ZeroHedgeMercedes-Benz Cuts Full-Year Performance Outlook, Earnings Warnings Emerge Densely Among European Automakers
Mercedes-Benz Group AG has lowered its full-year 2026 performance outlook due to deteriorating demand in the Chinese market and rising input costs. The adjusted operating margin forecast for its core passenger vehicle segment has been reduced from a maximum of 5% to 2%-3%, and the group's EBIT is expected to be roughly flat.
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