Mercedes' Q2 profit drops on Takata airbag recallThu, 21, Jul 2016
Daimler reported weaker profit from its Mercedes Cars unit in the second quarter because of the cost of refreshing its lineup and one-time charges related to recalling cars with faulty Takata airbags. The unit's profit margin dropped to 6.4 percent, compared with 10.5 percent last year.
Mercedes June sales rise 11% on demand in Europe, ChinaWed, 06, Jul 2016
Sales of Mercedes cars increased 11 percent in June as strong demand in Europe and China led rises in all the brand's major markets. Registrations were also boosted by robust SUV deliveries, which rose 43 percent last month.