Mercedes Profits Hit by Competition, China Slump

Mercedes Profits Hit by Competition, China Slump

Assessment

Interactive Video

Business, Architecture

University

Hard

Created by

Quizizz Content

FREE Resource

The video discusses Mercedes-Benz's disappointing financial performance, highlighting a significant miss in their margin target, with a drop to 4.7% compared to 12.4% a year ago. The company faces challenges with declining sales and profitability, prompting cost-cutting measures. The video also compares Mercedes-Benz's performance with Tesla, which reported a strong 17% margin, significantly outperforming expectations and impacting the market. The discussion extends to the broader challenges faced by German automakers in maintaining demand and pricing power.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the expected margin target for Mercedes-Benz, and what did it actually achieve?

Expected 8%, achieved 4.7%

Expected 10%, achieved 5%

Expected 7%, achieved 6%

Expected 9%, achieved 4%

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How much did Mercedes-Benz's revenue decrease in the recent quarter?

12%

5%

7%

10%

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the guidance for Mercedes-Benz's return on sales for the full year?

9.5% to 10.5%

8.5% to 9.5%

7.5% to 8.5%

6.5% to 7.5%

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was Tesla's margin compared to Mercedes-Benz's 4.7%?

15%

10%

12%

17%

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What strategy are German automakers, including Mercedes-Benz, considering due to their financial struggles?

Raising prices

Cutting costs

Expanding into new markets

Increasing production