Mercedes-Benz Q1 profit rises as pricing power and resilience offset headwinds

Mercedes-Benz Group AG achieved strong financial results in the first quarter of 2022, boosted by pricing power, the sharpened focus on top-end vehicles and premium vans, combined with ongoing cost discipline. These measures helped to lift the adjusted Return on Sales at Mercedes-Benz Cars to 16.4% and to 12.6% for Mercedes-Benz Vans even as the COVID-19 pandemic, semiconductor supply-chain bottlenecks and war in Ukraine continued to impact business.

Full press release.