Is Mercedes-Benz Stock A Buy At $58?

Over Q2 2022, although car volumes dipped by about 6% year-over-year to 487,100 units, Mercedes-Benz revenues rose by 7% to 36.44 billion euros ($37.25 billion), adjusting for the spin-off of the company’s truck operations last year, with adjusted EBITDA rising 8% to 4.94 billion euros ($5.05 bil...