Berlin: German premium carmaker Mercedes-Benz reported a 22% rise in second-quarter operating profit but flagged weakness in its core cars business on Tuesday, now forecasting a drop in overall sales due to problems in China.
Group earnings before interest and tax (EBIT) came in at €1.5 billion ($1.71 billion), slightly below an average analyst estimate of €1.6 billion, according to a poll conducted by Visible Alpha.
