German luxury marque says first-half China sales fell 28%, books impairment charge

Mercedes-Benz saw a profit increase but faces challenges ahead. The automaker now expects overall sales to decline in 2026. This forecast is due to ongoing problems within the…

Premium German carmaker Mercedes-Benz July 28 reported falling profit at its car business as it wrote off over 700 million euros due to fierce competition in China. Though overall…