Mercedes Profits Hit by Competition, China Slump
Mercedes-Benz Group AG’s key gauge of profitability slid to 4.7% in the third quarter, undershooting the company’s minimum target of 8%. The company plans to step up cost improvement measures after fierce competition and weaker demand in China hit the luxury-car maker’s profits. Bloomberg’s Oliver Crook reports. #press


Mercedes Profits Hit by Competition, China Slump
Mercedes Profits Hit by Competition, China Slump






















