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Mercedes-Benz outlook stable
February 19th, 2023 - 08:23 GMT

Mercedes-Benz Group profits jump in 2022, outlook cautiously stable

ALBAWABA — Mercedes-Benz Group on Friday reported a jump in profits and annual earnings of 20.5 billion euros for 2022 thanks to strong demand for high-end and electric models, especially in China. "The overall Chinese market is bigger than all of Europe and North America put together," Ola Källenius, Mercedes-Benz chief executive officer, told CGTN. "It's no surprise the Chinese market is also the most important market for Mercedes. We ...
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