A traffic light for cyclists is pictured in front of a giant logo of German automotive brand Mercedes-Benz is seen atop a Mercedes dealership in Offenbach, western Germany, on April 29, 2026. German premium automaker Mercedes-Benz said on April 29 its first-quarter profit fell by almost a fifth as cutthroat competition in China shakes the world's carmakers. (Photo by Kirill KUDRYAVTSEV / AFP via Getty Images)