Stuttgart, 29 April 2026 – Mercedes-Benz Group is entering a decisive transition period after first-quarter earnings fell on weaker demand in China, tariff pressure and a tougher electric vehicle market, even as the German luxury carmaker pointed to new model launches and stronger orders as support for a better second half.

The company reported a 17% decline in first-quarter operating profit to €1.9 billion, although the result was still ahead of analyst expectations of about €1.6 billion. Revenue fell to €31.6 billion, while the core cars division saw its adjusted return on sales drop to 4.1%, compared with 7.3% a year earlier.

Unlock the Full Article

This article is exclusive to The Ledger Asia Subsribers / PAID members.

Subscribe to Read More

Already have an account? Log in here

Author

Bernard Lee
Bernard is a social activist dedicated to championing community empowerment, equality, and social justice. With a strong voice on issues affecting grassroots communities, he brings insightful perspectives shaped by on-the-ground advocacy and public engagement. As a columnist for The Ledger Asia, Bernard writes thought-provoking pieces that challenge norms, highlight untold stories, and inspire conversations aimed at building a more inclusive and equitable society.