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Mercedes-Benz Cuts 2026 Profit Outlook as China Slumps
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- Mercedes-Benz cut its 2026 profit outlook, citing a challenging China market and higher Q4 costs.
- The company expects a 2%-3% adjusted return on sales for its passenger-car division.
- Mercedes-Benz shares fell over 4% after the guidance cut, with an intraday drop to 5.5%.
- China vehicle deliveries fell 29% in the first nine months of 2026, lowest since 2016.
- Industrial free cash flow fell to €172 million, far below the €422 million consensus.
