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Reuters

Reuters

Mercedes car earnings plunge as China shuns luxury

Reuters
Summary
Nutrition label

79% Informative

Mercedes-Benz's third-quarter earnings in the core car division plunged by 64% , massively missing analysts' estimates.

Earnings were hit by model revamp costs as well as a tough market, especially for new versions of the G-Class SUV.

A rare bright spot was the continued cash flow generation from the industrial business, which reached 2% year-on-year .

VR Score

90

Informative language

98

Neutral language

36

Article tone

formal

Language

English

Language complexity

64

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

External references

no external sources

Source diversity

no sources

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