Mercedes Beats as Rising Prices Bolster Earnings

  • Luxurious-vehicle maker advantages from rising costs for its vehicles

  • Supply-chain points, China lockdowns quiet weigh on gross sales

Up so far on

Mercedes-Benz AG expects wholesome auto returns this one year because the German luxurious-vehicle maker navigates persisting offer-chain snarls by elevating costs for its prime-quit models.

Mercedes shipped fewer vehicles within the first quarter yet auto income climbed 8% — largely thanks to rising sticky label costs and engaging output to elevated-margin models collectively with its flagship S-Class sedan and G-Class sport utility vehicle. The corporate now sees carmaking returns on the elevated quit of its steering.

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