- DE40 edges slightly higher on German banks and automakers stocks
- Mercedes net profit plunged more than 30% but stock is up almost 6% today
- DE40 edges slightly higher on German banks and automakers stocks
- Mercedes net profit plunged more than 30% but stock is up almost 6% today
DAX stocks are moving slightly higher today, driven by BASF, Mercedes, BMW and German banks. Markets await the Fed decision at 7 PM GMT and Federal Reserve chairman Powell press conference today scheduled at 7:30 PM GMT. DE40 consolidates in the tight trading range, trying to hold EMA50 as a major support (24300 points).
Source: xStation5

Volatility of stocks in German DAX today. Source: Bloomberg Finance L.P
Mercedes-Benz Q3 2025: Chip Concerns and Profit Drop
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Q3 net profit plunged 30.8% to €1.19 billion, down from €1.71 billion a year earlier. Despite the decline, results beat analyst forecasts of €1.09 billion, sending shares up 6% in Frankfurt.
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Mercedes reassured investors on chip supply, saying short-term needs are covered, though global sourcing efforts continue.
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The chip shortage follows Dutch authorities seizing Nexperia, triggering a Chinese export ban on its components.
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CEO Ola Källenius said the disruption is a “politically induced shortfall” amid U.S.–China trade tensions.
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The automaker faces high U.S. tariffs: 15% on EU exports and 25% on imported car parts outside North America.
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Sales in China dropped 27%, contributing to a 12% overall decline in global sales volume.
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Mercedes is partnering with Chinese autonomous driving firm Momenta to stay competitive in the local market.
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Källenius warned that “hyper competition in China is not going away anytime soon.”
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The broader auto industry, including Nissan and Volkswagen, is also warning of potential production stoppages due to the Nexperia chip crisis.
Source: xStation5
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