Mercedes-Benz Q1 Revenue Hits €31.60B, China Accounts for 26.6% of Sales
Mercedes-Benz’s Q1 2026 results show revenue and profit declines, but exceeded market expectations.
April 29, 2026
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China NEV Passenger Car Retail Sales Fall 11% to 614K Units in April 1–26
April’s auto sales in China continued declines, with significant drops in both retail and wholesale, though NEVs offered some support.
Geely Q1 Net Profit Drops 27% Amid Currency Fluctuations
Geely Auto’s first-quarter 2026 revenue rose 15% to RMB 83.8 billion, with core net profit up 31% and vehicle sales increasing significantly.
Tesla Drops 7-Year Loan Plan, Rolls Out 5-Year Interest-Free Financing
Tesla updated its financing policy, offering a 5-year zero-interest loan, and maintaining low-interest options, amid industry changes.
NIO CEO William Li in Full Q&A Following the ONVO L80 Launch Event
NIO’s ONVO L80 launch exceeds expectations with competitive pricing and plans for battery swap stations.
BYD Profit Slumps 55% in Q1, Bets on Overseas Expansion to Offset Pressure
BYD’s Q1 2026 revenue declined 11.82%, as profits dropped significantly despite increased R&D investment and strong overseas sales growth.