Mercedes-Benz

Mercedes-Benz will launch another voluntary severance program from December 2026 for employees outside production in Germany. The program follows the principle of double voluntariness; the group did not provide concrete details on its scope. In the first nine months of 2026, around €1.1 billion was spent on restructuring measures, causing the industrial business’s free cash flow to fall from €5.6 billion to €3.1 billion by the end of September. » More on finanzen.net

Mercedes‑Benz has reduced the margin target for its passenger-car division for the current year from previously 3.0–5.0 percent to 2.0–3.0 percent. The stock then fell 3.9 percent and was the laggard in the DAX. The report temporarily dampens the German benchmark index's recovery ahead of further quarterly results and the Fed interest-rate decision in the evening. » More on deraktionaer.de

Mercedes-Benz raised group profit in the third quarter by 28 percent to around €1.52 billion; EBIT was €1.77 billion (previous year €750 million). Revenue fell 4.5 percent to €30.7 billion, total deliveries declined 8 percent to 407,200 passenger cars, and in China they dropped 31 percent. Sales of battery-electric passenger cars rose 61 percent, while the company cut its full-year forecast in view of a worsening China business and expected higher material costs in the fourth quarter. » More on finanzen.net