Overview
- Q3 net profit fell about 31% to roughly €1.19–1.2 billion, taking nine‑month earnings down by about half to around €3.9 billion, as revenue declined about 7% to €32.1 billion.
- Adjusted EBIT dropped about 17% to €2.1 billion, while operating profit sank to about €750 million after roughly €1.35 billion in one‑offs, including €876 million tied to personnel cuts.
- Global vehicle sales in the quarter fell 12% to 525,300 units, with China down about 27%, and U.S. margins compressed by import tariffs that spiked to 27.5% before easing to 15%.
- Mercedes is executing its 'Next Level Performance' plan targeting about €5 billion in savings by 2027, including voluntary exit offers to roughly 40,000 non‑production employees.
- Shares rose around 6–8% after results topped expectations, as CEO Ola Källenius said the quarter was in line with guidance, even as industry peers flag headwinds from tariffs, Chinese EV competition, and chip‑supply risks.