Mercedes-Benz Reports First Quarter Profit Drop to €1.42 Billion
Mercedes-Benz Group has reported a significant decline in its net distributable profits for the first quarter of this year, totaling <strong>€1.42 billion</strong>, or <strong>€1.49</strong> per share, compared to <strong>€1.68 billion</strong> last year, or <strong>€1.74</strong> per share.