Mercedes Q1 earnings rise on high-end sales

Mercedes S-Class at dealer — Mercedes has prioritized cars such as the S-Class to help bolster profits. (Bloomberg)

By:

Bloomberg

April 21, 2023 09:02 AM

Mercedes-Benz posted better-than-expected preliminary earnings in the first quarter as the automaker’s push further upmarket helped it overcome higher raw-material costs.

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Toyota, Ford, Honda, Hyundai, Kia post higher U.S. sales gains, but Subaru’s streak ends

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David Phillips

Toyota, Ford, Honda, Hyundai, Kia post higher U.S. sales gains, but Subaru’s streak ends

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