Reports Q3 revenue EUR 32.1B vs EUR 34.5B last year. Free cash flow of the industrial business reached EUR 1.37B. Net liquidity reached EUR 32.3B. “Our third-quarter results are in line with our full-year guidance. Our biggest product and tech launch program is well on track: The new CLA and GLC mark the beginning of a series of new models across all segments and drive trains, tailored to specific market and customer needs. We remain focused on enhancing customer experience while driving efficiency across our company,” said CEO Ola Kaellenius.
TipRanks Black Friday Sale
- Claim 60% off TipRanks Premium for the data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on MBGYY:
- Automakers look to secure rare earths before China export controls, Reuters say
- White House poised to ease tariffs on auto industry, Bloomberg reports
- Mercedes-Benz price target lowered to EUR 70 from EUR 75 at Deutsche Bank
- Trump Trade: Trump administration discusses taking stake in Critical Metals
- Senator Moreno tells Reuters Trump weighing U.S. auto tariff relief