Mercedes-Benz cuts 2026 core-profit forecast to about €5.8 billion
The carmaker now forecasts flat core profit rather than growth of at least 15%, and a lower car-business margin ahead of full quarterly results on Wednesday.
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The carmaker now forecasts flat core profit rather than growth of at least 15%, and a lower car-business margin ahead of full quarterly results on Wednesday.
Mercedes-Benz lowered its 2026 forecasts on Tuesday, replacing an expected rise in core profit with an outlook for no growth. The carmaker cited difficult market conditions in China and rising material costs, Euronews Business said.
| Measure | Previous forecast | Revised forecast |
|---|---|---|
| Core profit | Growth of at least 15% | Flat at about €5.8 billion |
| Car-business profit margin | 3–5% | 2–3% |
The car-business profit margin measures profit as a share of revenue. The lower forecast means Mercedes-Benz expects to retain less profit from its car-business revenue than it previously forecast.
Mercedes-Benz’s vehicle deliveries in China fell 29% in the first nine months of 2026. That followed a decline in 2025 to their lowest level since 2016.
Mercedes-Benz shares fell more than 4% following the forecast announcement.
Mercedes-Benz also released preliminary third-quarter core profit of €1.77 billion and a car-division profit margin of 2.5%. These are quarterly figures, separate from its revised forecasts for the full year. Full third-quarter results are due on Wednesday, October 28.
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