Vue lecture

Mercedes Reports a Drop in Profit but Maintains Its Forecast

The German carmaker held its outlook steady and said it would buy back more than $2 billion in shares, as sales of its high-end models improved.

© Felix Schmitt for The New York Times

Ola Källenius, center, the chief executive of Mercedes-Benz, unveiled a new electric vehicle at an auto show in Munich in September.
  •