Mercedes‑Benz Group posted weaker results for the third quarter of 2025, with lower revenue and earnings across its main businesses. Group revenue fell 7% to €32.14bn ($37.37bn), while EBIT declined 70% to €750m, reflecting reduced gross profitability and significant special charges. Adjusted EBIT, which excludes legal, restructuring and M&A effects, decreased 17% to €2.09bn. Net profit was down 31% to €1.19bn, equating to earnings per share of €1.22, a 33% drop. Mercedes-Benz Group CEO Ola Källenius s ...

The FCA’s proposed motor finance redress scheme has landed, and with it, a hefty price tag. The regulator estimates £8.2 billion in compensation for customers, plus an additional £2.8 billion in implementation costs, bringing the total industry bill to around £11 billion. The Finance & Leasing Association (FLA) isn’t convinced. Chief executive Shanika Amarasekara said the figures “remain too high” with the FLA's Adrian Dally also calling for transparency on how the FCA arrived at them. The consultation do ...