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Q2 2024 Mercedes-Benz results: vans outpace cars

Jonathan Storey takes a deep dive in the latest financial results from Mercedes-Benz Group 

Mercedes-Benz Group's van division continues to outperform the car operation, earning a higher margin in each of the last six quarters. The group reported weaker sales, revenue and profit for Q2, its results missing consensus forecasts and causing it to tweak the car division's full-year forecast down a notch, while adjusting the Vans forecast slightly higher.

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