Mercedes-Benz reports decline in H1 revenue, profit

BERLIN, July 26 (Xinhua) -- German carmaker Mercedes-Benz Group reported on Friday a 4.1-percent year-on-year decrease in revenue for the first half (H1) of 2024, with net profit falling by 20 percent to 6.1 billion euros (6.6 billion U.S. dollars).

In its largest single market, China, the company saw a 5.5-percent revenue growth despite an overall decline of 3.9 percent in the second quarter, according to the f