BusinessHindustan Times
Mercedes recalls over 310,000 US vehicles as weak China sales hit forecast
in5points
Mercedes recalls 310,667 vehicles in the US over a driver's door lock issue that may cause the automatic park brake not to engage, increasing crash risk.
The recall covers CLA, A-Class, C-Class, CLE, GLA, GLB, and GLC models; dealers will replace the door lock free of charge.
Mercedes cuts full-year sales and revenue forecasts due to weak China sales, intense price competition from local manufacturers, and falling demand.
Mercedes recorded a 704 million euro impairment related to its China business in Q2, causing a sharp drop in EBIT to 49 million euros from 783 million euros a year earlier.