I=6
Mercedes-Benz lowered its 2024 guidance in the main cars unit
- Mercedes-Benz lowered its adjusted return on sales target in the main cars unit to a range of 7.5% to 8.5% from 11% originally due to continued sluggish sales in China, dynamic pricing and other valuation adjustments .
- Mercedes said the slump in China demand is now affecting the Top-End segment.