Overview
- Adjusted EBIT fell to €716 million and industrial revenue declined 14% to €10.6 billion in the third quarter.
- North America operating profit dropped 64% to €257 million with the margin near halved to 6.4% as customers held back in a weak freight market with regulatory uncertainty.
- Europe strengthened, with operating profit up 12% to €319 million, and Mercedes‑Benz Trucks returned to the number one position in the region.
- The company began a cost‑saving program, including staff reductions, to address pressure on profitability.
- The full‑year outlook remains for a 7–9% adjusted industrial margin, and order intake held roughly flat year over year at 93,923 vehicles.