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Live Updates  >  Live Update Details

2025-10-29 18:00:08

[Mercedes-Benz Luxury Car Sales Surge 10%, Breaking Profit Ceiling] ⑴ Mercedes-Benz's automotive business profit margin reached 4.8% in the third quarter, exceeding market expectations of 4.7% and 3.9% in the same period last year. ⑵ Sales of high-end models achieved a robust 10% increase, with high-profit brands such as Maybach and AMG performing particularly well. ⑶ The company's free cash flow reached approximately €1.4 billion, and its strong cash generation capacity prompted the resumption of its share buyback program. ⑷ Despite facing the impact of restructuring and layoff costs, resulting in a 70% drop in operating profit, the core business remained remarkably resilient. ⑸ The share price rose 6% to a seven-month high, with the market reacting positively to the better-than-expected performance and capital return initiatives. ⑹ The CEO pointed out that the company is facing multiple challenges, including Trump's tariff rhetoric and intense market competition. ⑺ Electrification transformation and European emissions targets pose long-term pressures, but the premiumization strategy has effectively offset industry headwinds.

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