Home Business Mercedes-Benz Earnings Slump on Tough Economic Backdrop, Fierce Competition

Mercedes-Benz Earnings Slump on Tough Economic Backdrop, Fierce Competition

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Mercedes-Benz Earnings Slump on Tough Economic Backdrop, Fierce Competition

The luxury-car maker’s net profit halved in the third quarter and it said profitability in its main cars business was weaker due to softer pricing and lower sales of its higher-margin models.



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