Mercedes reported weaker gross sales, income and revenue for Q3 2024, with all three divisions seeing a deterioration in efficiency. Group income dropped by 6.7% reflecting a 3.4% drop in unit gross sales, unfavourable product and market mixes, detrimental web pricing and adversarial alternate charges. Income dropped by 5.6% within the automobile division, 5.7% within the van division and 4.7% in Mobility (which incorporates the finance operation).
Reported Ebit was 48% decrease at €2.52bn, a margin of seven.3% in contrast with 13.1% in Q3 2023. On a recurring foundation the lower was additionally 48%, and the 7.3% margin in contrast with 13.3% a yr earlier.
.jpg&c=0&w=700 "Mercedes CLE, review, convertible, interior, performance, price – Introduction")
