Mercedes-Benz Group reported a 26% drop in second-quarter adjusted EBIT for its Cars division.
A 30% sales decline in China drove the downturn. Sales grew 4% in Europe. Sales increased 10% in the United States.
Overall group revenue fell 3% during the quarter. Management lowered the full-year sales forecast for 2026 to slightly below previous-year levels.
Global battery-electric vehicle sales rose 51% year-over-year. Strong results in the Vans and Financial Services divisions provided additional support to the group's performance.