Mercedes-Benz cuts profit forecast as Chinese rivals put pressure on German carmakers
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Mercedes-Benz reduced its profit forecast for 2026. This decision follows similar forecast cuts from BMW and Volkswagen. The company is facing weak demand in China and higher costs for materials. Increased competition from Chinese rivals is putting pressure on German carmakers.
Mercedes-Benz has lowered its 2026 profit forecast as weak Chinese demand and rising material costs squeeze earnings, following similar outlook cuts by Volkswagen and BMW amid intensifying competition.