Mercedes-Benz cuts full-year car sales outlook to a 2%–7.5% decline as Q2 operating profit rises to €1.55 billion
AI Market Summary
Mercedes-Benz beat on Q2 operating profit and the stock rose, but management cut full-year sales and revenue guidance, citing persistent China weakness and competitive pressure. The core cars division saw sharply lower profits and sizable China-linked write-downs, partially offset by strong Europe/US demand and accelerating BEV sales. The update highlights ongoing margin risk for European automakers amid uneven regional demand and EV transition costs.
Impact level
● Medium
AI InsightAI Insight
● Neutral
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Mercedes-Benz reported a 22% rise in second-quarter operating profit to €1.55 billion, while revenue fell 3% to €32.1 billion. The carmaker cut its full-year vehicle sales forecast to a 2%–7.5% year-on-year decline, citing a 30% drop in sales in China. It said Europe and its battery-electric line were stronger, with BEV sales up 51% and BEV order intake in Europe more than doubling. Shares rose more than 5% on the day.
