On the Dash: Mercedes posts stronger-than-expected Q3 margins and plans a €2 billion share buyback over 12 months. Sales in China fell 27%, marking the worst quarterly performance since 2016, while luxury EV demand remains soft. Cost-cutting measures and robust liquidity support profitability amid global trade and market challenges. On October 29, Mercedes-Benz confirmed its […] The post Mercedes-Benz confirms outlook, plans $2B share buyback amid Q3 margin gains appeared first on CBT News.
