STUTTGART, Germany Mercedes-Benz Group AG (ticker symbol: MBG) achieved solid third-quarter results in a subdued market environment marked by intense price competition, particularly in the electric vehicle segment. Earnings Before Interest and Taxes (EBIT) reached €4.8 billion (Q3 2022: €5.2 billion) as improved net pricing at Mercedes-Benz Cars and a rise in sales of premium vans helped to partially offset higher inflation, currency effects and supply-chain related costs.
The Financial Services Federation (FSF) is delighted to announce its new Executive Committee, including Turners Automotive Group CEO Todd Hunter as Chair. Following a members’ election, successful candidates were announced at the FSF’s Annual .