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Mercedes-Benz Group Q3 2023 results

A "brutal" EV market took its toll on the lastest quarterly results, writes Jonathan Storey

It is becoming clear that EV margins will be a dominant theme of the carmakers' third-quarter results. Mercedes-Benz Group reported drop in margins for the quarter and indicated full-year earnings would be at the lower end of its (unchanged) forecast range, pointing to the "brutal" EV market as the main constraint on its performance.

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https://www.automotiveworld.com/articles/mercedes-benz-group-q3-2023-results/

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