The company, headquartered in Stuttgart, announced on Friday GermanyEarnings before interest and taxes fell by almost half year-on-year to 2.52 billion euros ($2.73 billion).
The company achieved an operating profit margin after accounting for special effects of 4.7 percent, only in the passenger car sector, compared to 12.4 percent in the previous year.
He was the boss Mercedes I. Kelenius had already cut the company’s profit forecasts significantly last September because the expensive models did not perform as well as expected in China.
Sales decreased by 6.7 percent, reaching 34.5 billion euros in the third quarter of this year.
Group profits fell by more than half to 1.72 billion euros.
